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Zilliqa is Now Listed on Alga Ecosystem’s Index Derivatives Platform

Twitter icon  •  Published 1 year ago on July 25, 2024  •  Hassan Maishera

The Zilliqa team announced via X on Wednesday that Zilliqa is now listed on Alga Ecosystem’s Index Derivatives Platform.

Zilliqa is Now Listed on Alga Ecosystem’s Index Derivatives Platform

The Zilliqa team announced via X on Wednesday that Zilliqa is now listed on Alga Ecosystem’s Index Derivatives Platform. The platform provides users with the opportunity to gain exposure to $ZIL within an index of multiple cryptocurrencies and stablecoins.

The Zilliqa index is balanced by BTC, ETH & a fair amount of Stablecoins for proper risk management, the team added. 

Zilliqa (ZIL) is one of the world’s first blockchains being built on a sharded architecture and features smart contracts written in the platform’s proprietary programming language: Scilla. ZIL is trading at $0.01619 at press time, down by 4% in the last 24 hours.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.