Forward is the decentralised finance platform that got three fund from the top two banks in Thailand offering two main services: a decentralised derivative exchange (DDEX) and lending and borrowing pool (LBPs).
Unlike other derivative exchange where short and long positions are matched against each other using an advanced protocol named Automated Position Hedger (APH),Forward does not have limited order books and does not require market makers.The platform does not have any risk, it act as the user's counterparty and is completely hedged using the tokens in the lending and borrowing pools.
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