Clone, a pioneering protocol aimed at simplifying the trading of non-native tokens on the Solana blockchain, has announced the public launch of Clone Markets and Clone Liquidity on its mainnet, scheduled for tomorrow.
With this launch, Clone will introduce markets on the Solana blockchain for non-native assets through “cloned assets,” also known as “clAssets.” The protocol’s primary objective is to streamline the trading of non-native tokens on Solana, allowing traders to leverage the blockchain’s fast transaction speeds and lower fees.
Clone Markets will serve as the trading platform enabling users to directly purchase and sell clAssets. It offers a seamless experience for traders to manage their portfolios within the Solana blockchain without the need to switch between different chains. Additionally, Clone Liquidity will provide liquidity providers access to leveraged and cross-margined liquidity pools in exchange for USDC collateral, granting access to every Clone pool simultaneously from a single collateral source.
Evan Deutsch, co-inventor of Clone, expressed the mission of the protocol, stating, “Our mission is to make any token tradable without leaving Solana, expanding our community and unlocking the blockchain’s true potential.”
This mainnet launch follows a successful private mainnet launch on Feb. 1, during which assets such as clARB and clOP, clones of Arbitrum’s ARB token and Optimism’s OP token, were introduced on the network. Alongside these assets, cloned SUI or clSUI will also be available for users to purchase, marking the first market enabling Solana users to trade SUI tokens on its network.
