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Sphinx and Truflation Partnership Unlocking the Power of Perpetuals for RWAs

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Written By: Michael Abadha
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    Summary:
  • The partnership will enable trading through futures, options and perpetual swaps using Truflation’s real-time data.

Truflation, the premier reference point for real-world assets (RWA) indices, is partnering with Sphinx, one of the premier derivatives trading platforms. This collaboration will deliver greater value to users by combining Sphinx’s blockchain-based commodities trading platform with Truflation’s real-time inflation data.

Tapping into the rising demand for Electric Vehicles (EVs), renewable energy, and other modern commodities, from the lithium, and silicon to renewable energy credits, this partnership will enable trading through futures, options and perpetual swaps using Truflation’s real-time data.

“Truflation has been leading the way developing cutting edge indices such as the Truflation EV Index, which tracks the prices of key commodities, providing key insights into production and supply dynamics of the EV market, and a reliable benchmark for tracking essential component price movements .” says Stefan Rust, CEO of Truflation.

“Our partnership with Truflation will enable Sphinx to offer derivatives trading for a broad set of in-demand assets to propel the energy industry forward. The fusion of Truflation’s data indices with the Sphinx trading infrastructure will create new opportunities for speculators and hedgers across the trading ecosystem.” says Greg Perrin, CEO of Sphinx. 

We will be hosting an AMA on X on October 9th at 17:30 CET to engage both communities and dive deeper into the partnership.
Details: https://x.com/i/spaces/1nAJEpDqEbYGL

About Truflation

Truflation is at the forefront of the data revolution, offering real-time, decentralized financial data across multiple sectors. With a commitment to transparency and accuracy, Truflation’s platform tracks over 20 million items through partnerships with more than 80 data providers. By bringing data on-chain, Truflation is democratizing access to critical financial information, empowering users to make better, more informed decisions in real-time.

Website | X | Discord | Telegram | Github| YouTube

About Sphinx
Sphinx is redefining energy derivatives trading with a new trading venue that combines institutional-grade execution speed with the transparency of on-chain. Our exchange offers futures, options and perpetual swaps for a broad set of energy assets. By bringing instant settlement and global market access, Sphinx sets a new standard for efficient and accessible energy trading.
Signup for the Sphinx Testnet at www.sphx.io

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Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha