The Good Tech Companies - Cables Perpetual Futures DEX: Moving Past USD-Dominated Trading

Episode Date: March 6, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/cables-perpetual-futures-dex-moving-past-usd-dominated-trading. Cables Finance revolutionizes onchain trading by moving beyond USD dominance. Discover how non-USD perpetuals and yield-generating RWAs create a more efficient, Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #cables-finance, #btcwire, #press-release, #cables-finance-announcement, #crypto-exchange, #tokenization-of-rwas, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. Cables Finance is introducing non-USD perpetuals and yield-bearing RWAs. Cables is setting a new standard for onchain trading. Most DeFi platforms are still constrained by a USD-centric model.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Cables Perpetual Futures Dex Moving past USD-dominated trading, by BTC Wire Most on-chain trading platforms are stuck in a cycle of USD dependence. Whether it's centralized exchanges or other perpetuals DEXs, their market structures are built around USD-backed stablecoins like USDT and USDC, forcing traders into necessary conversions and liquidity fragmentation. Cable's Finance is breaking this mold by introducing non-USD-perpetuals and EIELD-bearing RWAs, creating a unified system where liquidity moves freely,

capital stays productive, and global markets are fully integrated. Cable's Finance is setting a new standard for on-chain trading, really, capital stays productive, and global markets are fully integrated. Cable's finance is setting a new standard for on-chain trading. Breaking the USD dependence in on-chain trading crypto markets have long mirrored traditional finance's reliance on USD, limiting true financial accessibility. Even in DeFi, liquidity is overwhelmingly tied to USD, sidelining traders looking for direct exposure to non-USD assets. This creates inefficiencies that slow down capital movement, force traders into redundant

swaps and lock real-world markets out of defy's potential. Cables introduces non-USD perpetuals, allowing traders to hedge, speculate, and move liquidity without getting stuck in USD conversion loops. Assets like CEUR, CJPY, and CXAU aren't just representations of off-chain value. They are yield-generating instruments and active trading collateral. This shift moves DeFi from a USD-centric framework to one that actually reflects global markets. The integration of non-USD liquidity is a core element OEF's vision, and their fundamentals explain why this shift is necessary. Liquidity should never sit idly most trading platforms treat liquidity as a static resource, separating yield generation from active trading.

Traders must choose between staking assets toorn returns or deploying them as collateral. This outdated separation fragments capital and slows down the trading experience. Cables eliminates this inefficiency, allowing assets to remain productive at all times. Holding CEUR, CJPY, or CXAU isn't just about having exposure to those assets, it's about earning while you trade. Through Cable's liquidity flywheel,

staked RWAs generate yield while functioning as collateral, eliminating the need to unstake assets or shuffle liquidity between protocols. This makes it possible to hedge FX exposure, access decentralized gold markets with CXAU, or trade real-world assets without reliance on centralized FX intermediaries. More importantly, Cable's approach to liquid staking explains why this innovation is so important. The problem with USD-denominated perpetuals traditional DeFi platforms, whether centralized or decentralized, force traders into a USD-first model that doesn't reflect the actual needs

of global markets. Even protocols that claim to offer broad asset support still default to USD-denominated pairs, making it difficult for FX traders to hedge non-USD currencies without costly workarounds. Commodity traders face similar barriers when looking to access gold and other real-world stores of value. And for DeFi users in non-USD economies, conversion fees and inefficiencies make interacting with stable assets far more expensive than it should be. Cables breaks this cycle by allowing direct trading in non-USD markets, setting a new

precedent for how on-chain perpetuals should work. Instead of forcing traders into a narrow system, Cables enables real diversification, offering exposure to a global financial network rather than just a USD-based liquidity pool. A system that trades while you earn DeFi trading should enforce a choice between staking for yield and deploying capital into the market. Cable's rethinks this entirely by merging the two functions into a single, capital-efficient system. A trader holding CEUR isn't waiting for an opportunity to deploy assets, they're earning yield while maintaining full collateral flexibility. This allows for leverage trading, hedging, and portfolio management without

the need to unstake assets or transfer liquidity between different protocols. The process removes costly inefficiencies and allows for a more dynamic, efficient trading experience. The Trading Desk DeFi actually NEEDS Cables is just another Perpetuals platform, it is redefining what an on-chain financial system should be. By combining yield-generating RWAs with a multi-asset Perpetuals DEX, it eliminates inefficiencies that have long held DeFi back. Traders aren't just swapping between digital assets, they are gaining access to real-world markets with real liquidity.

Most DeFi platforms are still constrained by a USD-centric model, making incremental improvements without addressing the core issue of accessibility. Cables moves past these limitations by building a capital-efficient trading system that aligns with how modern financial markets actually work. The integration of non-USD perpetuals is more than an added feature. It is a fundamental shift in how liquidity moves, how assets are used, and how traders engage with global finance. For those looking to be part of the next evolution in on-chain trading, Cable's offers a vision that moves past outdated systems and opens new possibilities for global market access.

Join the Cable's community on Telegram and X for early access insights, major announcements, and updates on the upcoming launch. Tip Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.