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Clone, a protocol aimed at facilitating trading of non-native tokens on the Solana blockchain, unveiled the public mainnet for Clone Markets and Clone Liquidity.
This launch brings markets on Solana for non-native assets through “cloned assets,” or “clAssets” and aims to streamline the trading process for non-native tokens on Solana, allowing traders to capitalize on the blockchain’s rapid transaction speeds and reduced fees.
The mainnet release follows a private mainnet debut on February 1, featuring assets clARB and clOP, replicas of Arbitrum’s ARB token, and Optimism’s OP token.
Additionally, users will have access to cloned SUI or clSUI for purchase. This marks the debut market where Solana users can engage in SUI token trading on its platform.
Clone Markets aims to revolutionize trading by providing a platform where users can buy and sell clAssets directly on the Solana blockchain. This platform eliminates the need for users to navigate multiple chains, streamlining portfolio management.
Liquidity providers will benefit from a robust liquidity system, allowing for leveraged and cross-margined liquidity pools with USDC collateral. This single collateral source grants access to all Clone pools simultaneously.
Evan Deutsch, co-inventor of Clone, emphasizes their mission to enable trading of any token within Solana, fostering community growth and unleashing the blockchain’s full potential.
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