Morpher

As of October 5th, 2021, Morpher has logged more than 1 million trades. The millionth trade: 122 MPH spent on buying Gold ($XAU) with a leverage of 7.

The first trade, back in June 2020 was buying Cardano. Since then over 400,000 traders from 180 countries used Morpher. They traded 690 different markets. Nearly 60% of traders used leverage, effectively trading 2 trillion MPH in the process. Meanwhile 20% traded when the underlying markets were closed – like on a weekend or night owls during the week 🌚.

Morpher has announced the launch of our decentralized exchange, the Morpher DEX, which will allow users to trade over 700 stocks, commodities currencies and other crypto with no need for a counterparty. The platform uses smart contracts to let anyone in the world stake cryptocurrency to the performance of an underlying market, making it tradeable through what the company calls “virtual futures.”

Users are able to trade long or short any and all markets, employ up to 10x leverage, and place their trades 24/7 -- even while the underlying markets are closed. Morpher DEX is the first step in true permission-less trading and decentralized access to global markets.

We are proud to follow up our DEX listing with a centralized listing on Gate.io. Users will now be able to trade MPH tokens on Gate.io against ETH and USDT.

Moreover, we are ecstatic to welcome Gate.io users to diversify their digital asset portfolios with our virtual futures on the Morpher app.

https://www.gate.io/trade/mph_usdt

An important step in democratizing access to financial markets comes from listing our ERC-20 token on a Decentralized Exchange. Now anyone can buy or sell Morpher tokens (MPH) and use them to trade on Morpher.

We also added support for deposit and withdrawals directly within our app. Check us out on Uniswap here: https://uniswap.info/token/0x6369c3dadfc00054a42ba8b2c09c48131dd4aa38

We are happy to announce that now anyone can sign-up and start trading on Morpher. Users can now sign-up, connect a wallet, prove their identity, and start trading all in one process.

If you're new to Morpher you can get started by going to https://morpher.com

With our summer update we announced our plans for token listing in Q3 2020, as well as offered insight into future feature releases. The highlight of this announcement was the release of our whitepaper, now available at the link below.

https://www.morpher.com/docs/morpher_whitepaper.pdf

In Morpher's second seed round Tim Draper's Draper Associates and European deep-tech fund, APEX Ventures, double-down to raise an additional 1.25 million USD to be used in Morpher's open-access launch and exchange listing.

At this time Morpher slowly onboarded the remainder of their waitlisted users to their closed-access alpha.

With 35k users waiting for access, Morpher began inviting it's earliest users to claim their tokens and start trading. With 600+ markets supported, users are able to trade stocks, commodities, indices, foreign exchange pairs, and other crypto with up to 10x leverage. Users were required to pair their accounts with a Metamask, Portis, or Fortmatic wallet.

https://trade.morpher.com

Launching our community forum was an important step in establishing our commitment to working with other DeFi enthusiasts, traders, and investors to ensure that we bring them the features they want the most. Available on https://community.morpher.com users can discuss new updates, suggest new markets, and provide us with feedback.