Hyperdex announces mainnet launch of ‘Cubes’ investment solutions

abdelaziz Fathi

Crypto asset management platform Hyperdex today announced a significant upgrade through the mainnet launch of an initial trio of products: Fixed Income, Algo Trading, and Race Trading.

Dubbed ‘cubes,’ these products represent the three primary investment strategies that enable users to pick from various strategies that fit their risk tolerance. Hyperdex’s Fixed Income Cubes provide users with a low-risk fixed return over a set period of time; Algo Trading Cubes employs a moderate risk strategy to offer variable returns through trading algorithms; and Race Trading Cubes enable aggressive investors to speculate on the price of different crypto assets through a derivative-like position.

Hyperdex’s platform deals with DeFi’s most common pain points which includes the complexity, inefficiency, and expense incurred when trading in large volume. It aims to simplify DeFi investing and through an effective finance experience. From depositing funds to collecting yields, HyperDEX simplifies the whole investment process and allows users to choose customized options that meet their financial goals.

The mainnet launch represents a major milestone for Hyperdex on its mission to make DeFi more accessible to the masses. It comes shortly after Hyperdex’s smart contracts have been successfully audited by the blockchain security firm CertiK.

“Hyperdex was designed to drive down the complexity of DeFi investment, and to give users exposure to sophisticated products that were once the preserve of pros. Our Race Trading cube, for example, contains a simplified derivatives contract that makes it easy for anyone to experience the rewards of decentralized finance, all boosted by the HYP token,” explains Manfredi Magris, Hyperdex Co-Founder.

Next on its roadmap is the rollout of its utility token, HYP, which is scheduled to go live through an Initial Dex Offering (IDO). Hyperdex ‘s native token is salted to amplify the rewards available to the platform users and to incentivize the deployment of automated trading strategies.

Plus the imminent arrival of the $HYP token, other milestones for 2022 include the introduction of more sophisticated ‘Hypercubes’, the Modular Cube offering and a peer-to-peer loan exchange.

Read this next

Digital Assets

Crypto exchange Bittrex exits US market amid regulatory woes

Bittrex said on Friday it plans to wind down operations in the United States and voluntarily liquidate because of the uncertain regulatory environment surrounding their business.

Institutional FX

Tradeweb completes integration of Nasdaq’s US fixed income platform

Tradeweb Markets has completed the technology integration of Nasdaq’s US fixed income electronic trading platform, formerly known as eSpeed, which it acquired two years ago in a $190 million, all-cash transaction.

Digital Assets

FTX Europe to allow client withdrawals via new website

The Cypriot unit of failed cryptocurrency exchange FTX has launched a new website that it says would allow customers to withdraw deposits of fiat currency and crypto assets after months of suspension.

Retail FX

Liquidators apply to cancel SVS Securities’ FCA license

An update published today by Leonard Curtis said the UK high court of justice has approve their application to bring the special administration of the failed wealth manager SVS Securities to an end.

Digital Assets

Japan forms government panel to pilot digital yen

Japan’s Finance Ministry has created an advisory panel to look at the feasibility of issuing a central bank digital currency, otherwise known as “CBDC”.

Digital Assets

USDC sees massive $10.4 billion outflows in March

Cryptocurrency traders have withdrawn more than $10 billion from the world’s second largest stablecoin, USDC, in less than three weeks even as concerns over the fallout from the Silicon Valley collapse have receded.


OSTTRA’s Joanna Davies goes beyond 30-30-30 data standard at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Joanna Davies about OSTTRA.


CloudMargin’s Stuart Connolly on how to manage collateral amid high rates at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Stuart Connolly about CloudMargin’s SaaS platform, said to be the only cloud-native collateral and margin management system in the industry, at a time of stress due to rising interest rates.


Baton Systems’ Alex Knight on solving post-trade with DLT at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Alex Knight about Baton Systems’ about rising settlement fails, collateral management, and the profile of DLT beyond cryptocurrencies.