Derivatives

Ascend

Ascend is a leveraged event-perpetuals exchange and order-book DEX where traders go long or short on the probability of real-world outcomes across politics, crypto, sports, and macro markets. It is built on Midnight, Cardano's privacy-focused partner chain, with user actions finalized on Midnight and trades settled via zero-knowledge proofs across Cardano, EVM, and Solana. As a Midnight-native venue, Ascend sits in the same Cardano ecosystem that USDM is expanding into through its native Cardano-to-Midnight integration.

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01/Role

Role with USDM

Midnight ecosystem partner - Ascend is built on Midnight, the Cardano partner chain USDM now moves to natively. It is listed here for that ecosystem connection; a direct USDM integration on Ascend is not yet announced.

02/Channels

Official Channels