rollup.finance

ChainCatcher news, the decentralized derivatives trading platform Rollup.Finance has announced that it will soon cease operations. The project team stated that despite overcoming the challenges of the bear market and achieving growth in trading volume over the past 16 months, they have decided to stop operations due to a lack of resources from zkSync and product-market fit.Users have one month to close their positions and withdraw funds, and the platform will completely shut down on September 21, 2024. Any open orders at the time of closure will be automatically liquidated, and affected users will have an additional month to withdraw their funds. After that, Rollup.Finance's email, official Twitter account, and Discord support channels will be deactivated.

ChainCatcher news, according to official sources, the decentralized derivatives trading platform Rollup.Finance has announced the launch of the second phase of its airdrop campaign and stated that it will issue its native token in the second quarter of 2024.It is understood that the second phase of the Rollup.Finance airdrop campaign mainly serves ecological incentives, with multiple seasons. Users participating in liquidity staking or contract trading can earn points, which can be exchanged for airdrop treasure boxes.Rollup.Finance is a decentralized derivatives trading platform that debuted on zkSync, providing a solution for perpetual contract trading on Layer 2 chains, creating a new model for on-chain contract trading, and bringing real benefits to users in a sustainable way.

ChainCatcher news, according to official sources, the decentralized derivatives trading platform Rollup.Finance has announced that the first round of retroactive airdrops will open on December 20th, Beijing time. The airdrop blind box claim process page will be valid until January 19, 2024. Community members who have contributed to the Rollup.Finance project, CherrySwap community members, Chainlink BUILD community members, active users on the zkSync chain, and OKX Web3 wallet users are all eligible to participate in this airdrop program and can check their airdrop eligibility on the official designated page. It is understood that Rollup.Finance is a decentralized derivatives exchange launched on zkSync, providing a solution for perpetual contract trading on Layer 2 chains, creating a new model for on-chain contract trading, and sustainably bringing real profits to users.

ChainCatcher news, the decentralized derivatives trading platform Rollup.Finance announced the acquisition of the automated market-making protocol CherrySwap. According to the official statement, after the acquisition, the two projects will operate independently and will not integrate their product feature sets and services for the time being. Both parties have a 6-month observation period, during which either party has the right to withdraw and restore their independent brand. The merger of the crypto tokens will be completed through a token swap, and the exchange ratio will be disclosed when the Rollup.Finance platform token is issued.