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Mango Markets
Decentralized platform for lending, borrowing, swapping, and margin trading crypto assets with low fees and high-speed execution
About Mango Markets
Mango Markets is a decentralized finance (DeFi) platform built on the Solana blockchain, offering a comprehensive suite of financial services for crypto assets. The platform allows users to lend, borrow, swap, and leverage trade various tokens through a powerful risk engine. Mango Markets serves a diverse range of clients, including individual traders, institutional investors, and developers looking to build on its open-source infrastructure.
Operating in the rapidly growing DeFi market, Mango Markets differentiates itself with competitive fees, lightning-fast transaction speeds, and innovative safety features designed to protect user funds. The platform's non-custodial nature ensures that users retain control over their assets, while its community governance model, managed by the Mango DAO, promotes transparency and decentralization.
Mango Markets generates revenue through transaction fees, interest on borrowed assets, and rebates for maker trades. The platform's integration with Solana's Openbook DEX for spot margin trading and its own order book for perpetual futures trading provide users with access to deep liquidity and the best possible prices.
Key features of Mango Markets include the ability to earn interest on deposits, cross-margin trading, and the option for anyone to list new tokens through a community-driven governance process. The platform also supports the development of trading bots, new product integrations, and community tools, making it a versatile and dynamic ecosystem.
Source: Dealroom company dataAt a glance
- Founded
- 1984
- Sector
- Fintech
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