Updated 60 days ago

OpenLayer's Commodities Market

Create a marketplace where tokenized commodities can be traded leveraging OpenOracles, backed by fee-earning USD liquidity suppliers.

  • Crypto / Web3
  • Defi

The commodities market has been somewhat overlooked in the DeFi space, also accurate pricing of commodities like oil, gold, and agricultural products is a bit challenging. OpenLayer jumps in the EigenLayer with a brand new oracle architecture, allowing customizable cryptography and truly decentralized operators. Our project then aims to create a marketplace for trading tokenized commodities leveraging these reliable price feeds, backed by fee-earning USD liquidity suppliers, to leverage commodities trading in Web3.

Holesky CAs

Commodities Traded

  • Oil Token (OIL)
  • Gold Token (GLD)
  • Silver Token (SLV)
  • Platinum Token (PLT)
  • Palladium Token (PLD)
  • Copper Token (CPR)
  • Rbob Gas Token (RBOB)
  • Natural Gas Token (NG)
  • Brent Crude Oil Token (BRNT)
  • Corn Token (CRN)
  • Soybean Token (SBN)
  • Rough Rice Token (RR)
  • Cocoa Token (CCA)
  • Lumber Token (LMBR)

Code

GitHub