FWX

@fwxfinance

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12 Followers

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airdrop mode in progress

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What is FWX? FWX is a Permissionless Leveraged DEX and Perp DEX. Permissionless Leveraged DEX allows any token to be permissionlessly listed on AMM DEX (Spot) or added for Futures trading. All Leveraged DEX trading happens onchain with leveraged traded volume are passed through into real spot markets of the traded tokens. FWX Leveraged DEX is a one-stop platform for meme coins/small caps to enhance their onchain DeFi for the tokens. FWX Perp is an onchain leveraged perpetual contracts trading protocol of FWX which feature an innovative approach to Funding rates with One Time Funding Fee (OTF). OTF allows traders to hold Perp position as long as they want without periodic funding rates. FWX Perp will features large cap assets and established assets that are widely traded in the crypto space. FWX raised Seed Round investment of $5m in 2022 from Avalanche, GBV Capital, Kyber Ventures, KXVC, Beacon VC, Krungsri and others.

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FWX Perpetual Trading is now LIVE on Base We’re excited to introduce our latest feature, Perpetual Trading, allowing you to get the best trading experience powered by Pyth Network - Trade Major and Smaller Tokens with Leverage up to 30x! - No Overtime Funding Rates with FWX One-Time Funding Fee (OTF) of 0.1% on top of 0.1% trading fee. (OTF and Trading Fee are charged at the opening and closing of Perp contracts) - Cross Margin Across Every Pair! - Technical docs at: https://fwx-gitbook.gitbook.io/fwx/protocol-overview/perpetual-trading

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chanon.base.eth 🔵

This week @fwxfinance deployed Perpetual Trading on @base 1/ Listing Major tokens - BTC/USDC : 30x Leverage - ETH/USDC : 30x Leverage - SOL/USDC : 20x Leverage - AVAX/USDC : 20x Leverage - DOGE/USDC : 20x Leverage 2/ Trading Screen Integration : Integrated with TradingView for enhanced charting and trading functionalities. 3/ Oracle Integration: Integrated by Pyth Network for reliable and accurate market data feeds. 4/ PNL Settlement Model: similar to GMX and Jupiter, ensuring efficient and transparent profit and loss calculation. 5/ NFT membership for Futures Account: Introduced NFT-based membership for futures accounts. Each trading position is represented by an NFT, allowing for transferability between wallet addresses. 6/ Trading Fee : Established a trading fee of 0.1% for each transaction. 7/ Referral Program: Launched a referral program on BASE in incentivize user growth and engagement.

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