The first cross-chain perpetual contract DEX that supports 100x leverage — YFX.COM officially launched on OKExChain
DeFi cross-chain perpetual contract trading platform YFX.COM has officially launched on OKExChain mainnet
YFX.COM, a cross-chain decentralized perpetual contract trading platform, has officially launched on OKExChain mainnet at 10:00(UTC) on June 15th, 2021. YFX.COM has become the first derivative DEX on OKExChain that supports 100x leverage. You can start decentralized derivatives trading on OKExChain.
YFX.COM, as the first cross-chain decentralized perpetual contract trading platform launched on OKExChain, with excellent technology, let users enjoy the convenient transactions, smooth experience and low gas fee of perpetual contracts in OKExChain.
YFX.COM’s fee is only 0.05% and there is no funding rate.
YFX.COM will first launch the BTC/USDT (USDT -settled）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 launch perpetual contract trading pairs of other tokens.
Experience now:https://ok.yfx.com/
Nowadays, the development of DeFi is still a hot spot in the market. YFX.COM will cooperate with OKExChain to develop a more complete ecosystem in the DeFi section. Also, we believe that with the improvement of YFX.COM’s functions and structure, the flow effect will gradually accumulate and cause a real trend.
About OKExChain
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.
About YFX
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.
YFX’s product features:
1. YFX is the world’s first cross-chain perpetual contract DEX that supports 100x leverage.
2. YFX’s transaction fee is the lowest among all DEX, the transaction fee is only 0.05%, and the funding rate is 0.
3. The YFX team only focuses on decentralized derivatives trading, and the products are more professional and convenient for users.
4. YFX is the world’s first cross-chain perpetual contract DEX that supports 6 major blockchains.
5. YFX’s contract code is fully open source and has passed Certik’s security audit, allowing users to maintain complete control over funds.
6. YFX is the world’s first perpetual contract DEX that supports forward, reverse, and hybrid contracts.
7. YFX perfectly achieves no over loss and no societal clawback.
8. YFX adopts the leading QIC-AMM mechanism to provide extremely high liquidity and extremely low trading slippage.
9. YFX users don’t need to register and log in, don’t need KYC, can withdraw money freely, 24/7 free deposit.
10. YFX has supported all wallets to open transactions, just open the wallet and enter “yfx.com”.
YFX official contact information:
Website: https://www.yfx.com/
Twitter: https://twitter.com/YFX_COM
Medium: https://yfxdefi.medium.com/
Telegram: https://t.me/YFX_COM
Discord: https://discord.gg/xwAtjpabC5
Media Contact: media@yfx.com
