Spin

About Spin

What Is Spin ($SPIN)?

Spin is a 360° decentralized trading and investments platform built on NEAR Protocol. Founded in June 2021, Spin was the first dApp to offer an on-chain order book solution on NEAR Protocol. In April 2022, Spin pioneered with the first order book DEX and in September 2022 launched the first on-chain Perpetuals on NEAR Protocol. In January 2023, the company released its NEAR-first DeFi Option Vaults which gave users exposure to Covered Call and Cash-Secured Put strategies.

The advantages of the order book model include better user experience compared to AMM flexible liquidity easy access for institutional traders secure and transparent on-chain verification the opportunity to price different types of instruments trading robots’ interoperability.

Spin aims to offer DeFi users a CEX-competitive user experience with no compromise on user experience, security, speed, transparency, and trading costs.

As of January 2023, Sp