In the world of cryptocurrency, blockchain technology has revolutionized the way we think about financial transactions. With the ability to decentralize financial systems, blockchain has opened up new avenues for innovation in trading and betting applications. Hxro is one such platform that aims to provide a distributed liquidity layer for derivatives trading and betting applications, built on the Solana blockchain.

Historically, liquidity within on-chain betting and derivatives markets has been fragmented, making it difficult for early-stage projects to gain traction. Hxro aims to solve this problem by unifying liquidity at the network level. By doing so, Hxro provides the foundational infrastructure for exchange, risk, margin, and settlement functions needed to construct any derivatives or gaming applications.

One of the key benefits of Hxro is its easy-to-use SDKs, which allow builders to integrate their applications with Hxro's platform quickly and efficiently. This means that builders can focus their time and resources on creating unique user experiences, rather than worrying about the underlying infrastructure.

The Hxro Network's value accrues from transaction fees generated within the protocols. These fees are shared between staked HXRO token holders, specialized node operators, active participants, network treasury, and developer pools vital to the ecosystem's functionality. This incentivizes all participants in the Hxro ecosystem to contribute to its growth and development.

Dexterity protocol is a powerful tool for developers looking to build decentralized derivatives markets. By providing the necessary infrastructure for exchange, risk management, and settlement, Dexterity makes it easy for builders to create new financial instruments on the blockchain. With its open-source smart contracts, Dexterity is accessible to anyone with the skills and knowledge to use it. As more developers begin to explore the possibilities of decentralized derivatives trading, we can expect to see even more innovation and growth in this exciting new space.

To explore more visit Dexterity Whitepaper

The data provided by Flipside has been used to handle this analysis.

• In this investigation, first of all, the performance of the Dexterity Protocol in the HXRO ecosystem has been determined.
  • MarketProductGroup (MPG)-> BLUECHIP
  • Activity-> Total actions done, Total user involvement, Success rate of transactions
  • Markets-> Identify markets by considering Product Key, Share of markets by count of transactions and users
  • Collected fee-> Fee collector: '9BPbqZBJTaP6hRwCbz738GMYgTJ6RsNqDJFtXgmzPoT3' and Fee mint is USDC
  • Total and average collected fee, Fee collecting over time
• HXRO token
  • Price and holders-> Price investigation and compare with SOL, Total holders and median of held volume, Distribution of holders based on the volume of held, List of holders and their share from total supply
  • $HXRO staking-> Stake and unstake count, unique users, volume in $HXRO and claimed reward in USDC

This dashboard is a tool built by Flipside to capture the activity of the Dexterity Protocol in the HXRO network. The time period and basis of this investigation could be set by the reader.

By default, the past 90 days have been selected as a time period on a daily basis.