what's Hxro Network?
Hxro Network is a decentralized infrastructure protocol built on the Solana blockchain, providing liquidity, risk management, and margining primitives for derivatives markets. It supports a range of financial instruments including perpetual futures, options (vanilla, exotic, and parimutuel), and swaps, enabling protocols to build on-chain trading applications with shared liquidity and settlement layers. The network aims to simplify the creation and execution of complex derivatives while ensuring efficient collateral usage and automated risk controls through composable building blocks. The protocol's design leverages Solana's high throughput for real-time pricing and settlement, integrating with other DeFi ecosystems for cross-margining and hedging. HXRO serves as the native utility and governance token, used for staking to earn fees, participating in governance decisions, and accessing premium features within the network's derivatives ecosystem.
Hxro Network implements a deflationary ODDS token mechanism via fee-funded buybacks and burns.
contract
ethereum
energi
solana
Implements a deflationary mechanism for the ODDS token where all protocol fees generated across markets, net of base network and operational costs, are programmatically allocated toward buyback and permanent burn of ODDS tokens.
HXRO transforms into ODDSFi $ODDS.
Listed among FTX's failed investment portfolio, indicating potential reputational risk and historical negative association with the FTX collapse.