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Deepcoin Partners With Polymarket to Launch Event Contracts on Its CEX

The exchange said the new product will let users trade event-based markets on a centralized exchange with synchronized global pricing and liquidity.

Summary

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Terms & Concepts
  • Event Contracts: Event-based trading instruments whose value depends on the outcome of a specific real-world event.
  • CEX: A centralized exchange, where a platform intermediates trading, custody, and order execution for users.
  • Liquidity: The ability to buy or sell an asset efficiently without causing large price changes.