what's World Capital Markets?

World Capital Markets (WCM) is a decentralized finance (DeFi) protocol that provides a comprehensive suite of onchain financial services. Originally launched as Teko Finance focused on lending, it has evolved into a multi-product platform featuring central limit order books (CLOBs) for spot trading, perpetual futures (perps), and integrated lending. All components are fully onchain, audited, and cross-margined, enabling seamless interactions like leveraged basis trades where users can borrow against collateral to execute strategies across markets. The protocol emphasizes accessibility and efficiency in DeFi, allowing users to start with base capital, borrow additional funds, and simultaneously trade spot and derivatives without fragmentation across platforms. This unified architecture reduces risks associated with siloed applications and supports advanced trading mechanics, positioning WCM as a one-stop solution for onchain capital markets.

World Capital Markets integrated with hotpot_dao, optimizing contracts for user experience and yield.