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426 sats \ 4 replies \ @kr 28 Feb \ parent \ on: Lightning native exchange lightning
not sure if Kollider worked that way either, but Kollider closed up shop in November
https://kollider.substack.com/p/announcing-the-closure-of-kollider?utm_source=profile&utm_medium=reader2
Kollider was a centralized derivatives exchange that had you deposit funds.
We are purely spot! Plus LNMarkets is killing the derivative game with ATHs
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As a Kollider user it had great UI but the back end struggled. Plus they really lacked focus the added Eth/USDT pair at one time.
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Think they were really tight on resources, so the eth pivot was a desperate attempt to find a money maker.
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But ETH?!! Goes to show they didn’t think about their business model
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