what's Cartha?
Cartha is Subnet 35 (SN35) on the Bittensor network, a decentralized AI-driven protocol designed to provide liquidity for the foreign exchange (Forex) market. It enables permissionless trading of Forex pairs, cryptocurrencies, and commodities through an on-chain perpetual decentralized exchange (DEX) called 0xMarkets. The subnet leverages Bittensor's incentive mechanism where miners provide liquidity and pricing data, validated by the network, to create deep liquidity pools. This disrupts centralized Forex brokers by offering transparent, non-custodial trading with oracle-like price feeds powered by Bittensor's TAO token emissions.
Cartha's testnet (Subnet 35) is live, initiating its launch sequence.
Links
x.com/0x_marketsSn35 achieved $250k in locked miner funds with an additional $130k expected in the next epoch.
Launch sequence initiates with testnet now live for 0xMarkets and Cartha (Subnet 35).
Collaboration with gtaoventures confirmed for 0xMarkets and Subnet 35 launch preparation, with beta access opening for 0xMarkets.
A dual rewards system with Alpha token and trading fee distributions launches on Subnet 35, targeting public release by end of year.
Subnet 35 prepares for launch, featuring forex stable swaps with Bittensor-incentivized liquidity, Hyperliquid-like leverage, and USDC-based liquidity provision.