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BTC $60,842.78 -1.52%
ETH $1,560.05 -5.68%
BNB $575.17 -2.74%
XRP $1.09 -1.67%
SOL $62.47 -4.72%
TRX $0.3204 -1.76%
DOGE $0.0820 -2.11%
ADA $0.1584 -2.32%
BCH $217.66 -2.47%
LINK $7.37 -2.67%
HYPE $58.79 -5.16%
AAVE $61.22 -3.90%
SUI $0.7197 +0.22%
XLM $0.1996 +5.35%
ZEC $359.97 +13.77%

JOJO Exchange will collaborate with Brevis to implement ZK proof funding rates

2024-05-29 16:38:34
Collection

ChainCatcher message, the perpetual contract exchange JOJO Exchange developed by DODO co-founder Radar Bear implements ZK proof of funding rates using Brevis's ZK Coprocessor technology. Through Brevis's SDK, JOJO creates ZK proofs based on on-chain perpetual trading and spot price Oracle data, thereby accurately calculating funding rates. Subsequently, the proof is verified on-chain and used to adjust the funding rates for JOJO users.

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