Dossier
institutional hedging
Coverage of institutional hedging in the Nexus archive.
- Sphinx Protocol is ditching their own chain and deploying on Base
Sphinx Protocol is abandoning its planned Cosmos SDK chain in favor of deploying on Base. The protocol focuses on onchain derivatives for the entire energy complex, targeting institutional hedging and real liquidity. The move to Base is strategic, leveraging its established infrastructure and growing DeFi ecosystem to attract serious market counterparties.