Decentralized crypto exchange World Markets (WM) launched today, Feb. 17, becoming one of the first decentralized applications (dApps) on the MegaETH network. WM bundles spot, perps and lending under one on-chain account.
In commentary to The Defiant, World Markets co-founder Kevin Coons framed the launch as an effort to fix broken incentives, arguing that traders often get punished even when their positions are properly hedged.
“On other platforms, a profitable hedged position can still get liquidated on a price swing. Even worse, winners are often forcibly closed out to cover losses from reckless traders. That's not risk management; it's a tax on the responsible! WM's risk engine understands net market exposure. If you're delta neutral, you're protected.
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