Firefly is the first derivatives exchange on Polkadot. We're building a community-governed protocol that provides traders a more transparent, performant and familiar experience. Firefly's technology stack enables leveraged perpetuals and options trading with on-chain settlement, removing all custodial and counterparty risk. The protocol governance can add trading pairs for any derivative in any asset class.
i) The platform is not available to residents of United States or Canada
ii) All assets on Firefly involve a degree of risk and may result in partial or total loss of your investment
iii) Sub-second settlement does not incorporate network latency or congestion
iv) The coefficients and parameters of the trading formula and the flow of the platform revenues are determined by governance.