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TradeXYZ launches Korean Stock Index KR200
Mars Finance reports that on April 10, TradeXYZ stated that KR200 is now live on TradeXYZ, with maximum leverage of up to 20x. Korea 200 (KR200) tracks a weighted basket of 200 leading Korean stocks priced in Korean won, which is one of the main benchmark indices in the Korean stock market. This oracle directly tracks the original level of this basket, as denominated in its local currency (Korean won), without currency conversion. KR200 is a type of Quanto derivative, and its Korean won-based profit and loss (P&L) will be settled in USDC.