OKEx Lists Flamingo and Rio Fuel, Announces High-Reward Trading Contest

OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, announced that spot trading and withdrawals of the fourth Jumpstart Mining project Flamingo (FLM) are now open. Today, OKEx also listed Rio DeFi's Rio Fuel token (RFUEL), with RFUEL/USDT spot trading, deposits and withdrawals also now available. To celebrate the listing of RFUEL, OKEx launched a two-day RFUEL Deposit and Trading Contest, with a prize pool worth $100,000.

Rio DeFi is the blockchain technology company behind Rio Chain, a platform for finance-focused decentralized applications. The Rio DeFi whitepaper states that Rio Chain seeks to improve common limitations widely associated with blockchain technology, aiming for enhanced speed, higher transaction throughput and better user experience.

OKEx CEO Jay Hao commented in a statement today:

"While DeFi is on everyone's lips, OKEx does not pay lip service. The DeFi space needs solid infrastructure construction — in terms of higher performance and conversion. Thus, we are happy to see more participants working hard and smart on DeFi applications. We are willing supporters of DeFi and have welcomed over 50 DeFi tokens to OKEx.”

In addition to listing tokens, OKEx is also providing other supportive measures for DeFi projects. OKEx Earn now supports one-click farming for YFII, Uniswap, Curve, Compound and other in-demand projects. Providing users with passive income earning opportunities, OKEx Earn is a simple way to get involved in the DeFi space with a trusted exchange.

“As an industry explorer, it’s our duty to support the development of DeFi and provide a broader stage for high-quality DeFi projects,” added Hao.

To keep up to date on the next steps into DeFi, stay tuned to OKEx's Twitter.