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Opyn’s New ‘Squeeth’ Raises Ether Trading to the Power of Two

In yet another example of the crypto industry's tendency to combine innovation with leverage, the new "Squeeth" index (for squared-ether) turns the options trade into a perpetual contract and can be used as a hedge.

Leverage in crypto could send you soaring, but it's risky. (Creative Commons)
Leverage in crypto could send you soaring, but it's risky. (Creative Commons)