TradeXYZ Launches Korean Stock Index KR200

BlockBeats news, on April 10, TradeXYZ announced that KR200 is now live on TradeXYZ, supporting up to 20x leverage. Korea 200 (KR200) tracks a portfolio of 200 leading Korean stocks weighted by market capitalization and denominated in Korean won. It is one of the major benchmark indices of the Korean stock market. The oracle directly tracks the original points of the portfolio denominated in the local currency (Korean won) without performing currency conversion. KR200 is a Quanto derivative, with profit and loss (P&L) based on Korean won settled in USDC cash.