Su Zhu's new bond market "OPNX" official website is online, and users can apply to join the claims waiting list

ChainCatcher news, the CEX project "GTX" founded by Zhu Su, the founder of Three Arrows Capital, has officially announced its name "OPNX" (Open Exchange). The official website is now online, and users can apply to join the claims waiting list. According to the introduction, OPNX will establish a zero-knowledge proof network to conduct real-time public encrypted audits of leverage in the system, allowing all parties to independently verify the accuracy of each balance, liquidation, withdrawal, deposit, and transaction, while protecting user integrity and privacy. The CoinFLEX platform token FLEX will continue to support the new platform, with the token economics remaining unchanged.

OPNX stated that today's crypto world is like a black box filled with unknown risks, leverage, and non-custodial elements. Last year, public chains, CEXs, large projects, and capital were all in a state of collapse. The team at Open Exchange has a deep understanding of this and believes it is their responsibility to learn from all lessons to promote the development of the crypto industry and establish a more robust, open, and transparent financial world. According to market data, the CoinFLEX platform token FLEX has maintained an upward trend since mid-January, with the price per token rising from a low of $0.036 to a high of $2.45 before a significant pullback.

Previous reports indicated that OPNX was co-founded by Su Zhu and Kyle Davies of Three Arrows Capital, along with Sudhu Arumugam and Mark Lamb, the two co-founders of CoinFLEX. The team consists of more than 60 former CoinFLEX members. (Source link)