🇮🇨02. Market Analysis

Potential

Solaris Network, a leading decentralized platform at the forefront of blockchain technology, has transformed into a Real World Assets (RWA) trading platform, revolutionizing the future of decentralized finance (DeFi) and bridging the gap between traditional finance and blockchain-based finance. The platform, built on the principles of Web 3.0 technology, has launched its revolutionary synthetic asset ecosystem that enables users to create and trade a diverse range of synthetic assets representing real-world assets.

Unlike traditional financial instruments, Solaris Network's synthetic assets simulate the price movements of real-world assets without the need for users to hold the underlying asset. By collateralizing cryptocurrencies and related derivatives, users can mint synthetic assets representing a wide range of assets, including stocks, commodities, currencies, and more. These synthetic assets can be traded on the platform, offering users a diverse portfolio of investment opportunities.

Solaris Network's transformation to a Real World Assets (RWA) trading platform opens up new possibilities for investors globally, allowing them to engage in decentralized finance and benefit from the advantages of programmable assets granted by smart contracts. By transforming derivative contracts into synthetic asset forms, Solaris Network expands the forms and application fields of DeFi derivatives, addressing the challenge of bringing real-world assets on-chain in a trustless manner.

The existing DeFi ecosystem primarily focuses on token leveraged long/short trading, perpetual contracts, options products, and internal circulation. However, the DeFi derivatives market, particularly in terms of synthetic asset tracks, is still in its early stages of development. According to data from the DeFiLlama platform, there are only 30 synthetic asset protocols compared to 771 DEX protocols, 232 lending protocols, and 85 leveraged trading derivative protocols as of April 2023. This indicates significant room for innovation and growth in the DeFi derivatives market, positioning Solaris Network as a pioneering platform in this space.

With its emphasis on real-world assets and innovative synthetic asset ecosystem, Solaris Network is poised to revolutionize the future of decentralized finance (DeFi) by offering a comprehensive platform for trading and diversifying investment portfolios. By leveraging the principles of Web 3.0 technology and operating in a decentralized manner, Solaris Network enables users to participate in the future of decentralized finance and explore new opportunities in the decentralized derivatives market.

Barriers

Investors participating in real-world financial products face various obstacles. For example, cross-border investors investing in overseas assets face challenges such as offshore fund transfer and overseas platform identity verification.

Cryptocurrencies, as ledger tokens issued based on blockchain technology, also face barriers between themselves and the real financial world.