what's Watt2Trade?
Watt2Trade is the world's first decentralized exchange (DEX) for trading electricity prices on the Polygon blockchain. It enables peer-to-peer synthetic trading of energy in virtual kilowatt-hour (kWh) units through smart contracts, democratizing access to a traditionally institutional market. Users can trade futures and options on real-time electricity prices from operators like ERCOT or EEX, with instant clearing and settlement in USDC, without physical delivery or regulatory barriers. The platform features a non-custodial wallet for fiat/crypto onboarding, low gas fees via Polygon, and governance-set parameters like price floors/ceilings to cap losses. The native $WATTOIN token, equivalent to 1 kWh, powers the ecosystem as a deflationary utility and governance asset. Staking $WATTOIN provides up to 90% transaction fee discounts, liquidity rewards based on trading volume and stake duration, and voting rights on market expansions or parameters. Trades start from 1 kWh with minimal collateral, supporting on-peak/off-peak pricing and gamified quests for engagement.
Links
x.com/watt2tradeLaunched Rewards Program distributing $4M worth of $WATTOIN, with early trading volume earning disproportionately higher rewards.