YFX.COM, a cross-chain decentralized perpetual contract trading platform, is expected to launch on OKExChain on June 15th, 2021. YFX.COM will become the first DeFi derivative DEX that supports 100x leverage on OKExChain.
YFX.COM will first launch the BTC/USDT (USDT settlement) perpetual contract trading market. Users can link YFX.COM on OKExChain for decentralized derivatives trading. And based on the actual operation of OKExChain， YFX.COM will gradually support perpetual contract trading pairs of other tokens.In order to encourage users to experience YFX.COM on OKExChain, YFX.COM will release exclusive events for OKExChain in the near future, please stay tuned.
OKExChain is a set of open-source blockchain projects developed by OKEx, aiming to promote the development of large scale commercial applications based on blockchain technology. It gives each participating node the same rights, allowing users to launch a variety of decentralized applications smoothly, issue their digital assets, create their own digital asset trading pairs, and trade freely. The utilisation of cross-chain technology principles is essential to allow those features to be used by anyone. Through the cross-chain module, the value interconnectivity and user interconnectivity, interconnectivity of blockchain can be realized simply and efficiently, so that we can co-construct the ecosystem and the value-added system.
YFX.COM is a cross-chain decentralized perpetual contract platform based on Ethereum, Binance Smart Chain, Huobi Ecological Chain, TRON, OKEx public chain, and Polkadot. YFX provides up to 100 times the perpetual contract trading BTC, ETH and other assets. Different from the common automatic market maker model (AMM), YFX.COM adopts the QIC-AMM market maker pool trading method to provide users with high liquidity and low trading slippage. YFX.COM has successfully supported layer2’s perpetual contract trading function. YFX.COM’s goal is to build a DEX that can compete with CEXs on the derivatives trading track.
Media Contact: firstname.lastname@example.org