YFX COM Bi-Weekly Update October 1st — October 15th

YFX.COM
6 min readOct 18, 2021

Highlights:

1. YFX.COM has completed the 2nd YFX burn, and the number of burnt YFX was 1,235,710.

2. YFX.COM has been listed on the pricing website of Coinbase.

3. YFX.COM has successfully launched OKLink.

4. YFX.COM product VP conducted online live AMAs with Crypto City and Crypto miners.

5. The latest series of “Entering YFX.COM’s DeFi Derivatives World” video on YFX.COM’s official YouTube channel has been released. I hope to learn more about all aspects of your friends and learn to use YFX.COM. Friends are welcome to watch it, and if you like it Like it and forward it~

6. In order to make sure that more friends can have a quick overview of YFX.COM’s fund pool income in each public chain, we have released a daily fund pool APY income list for every member of the global community. Join the YFX.COM global community for more information!

7. To make our partners in the global community have a more comprehensive understanding of YFX.COM’s product trends, the “YFX Product AMA” at 14:00 (UTC) every Friday continues. Welcome to join and ask your most concerned questions.

Data:

1. YFX.COM’s trading volume was $151 million from October 1st — October 15th. The number of transaction addresses was 3,671. The QIC-AMM mechanism of YFX.COM created a high liquidity, low slippage perpetual contract trading environment for users and provided a safe trading experience. We believe that YFX.COM will become the best choice for many derivatives trading users.

2. The top three trading pairs of YFX.COM trading volume are ETH: ETH_USD (USDC-settled); BTC_USDT (USDT-settled), Heco: BTC_USDT (YFX-settled).

3. YFX Token distribution

Project Progress:

1. YFX.COM has completed the 2nd YFX burn, and the number of burnt YFX was 1,235,710.

Details: https://help.yfx.com/portal/en/kb/articles/yfx-com-completes-2nd-yfx-burn

2. YFX.COM has been listed on the pricing website of Coinbase.

Details: https://www.coinbase.com/price/your-future-exchange

3. YFX.COM has successfully launched OKLink.

Details: https://www.oklink.com/defi/detail/eth/YFX?multiChain=true

4. The latest series of “Entering YFX.COM’s DeFi Derivatives World” video on YFX.COM’s official YouTube channel has been released.

YFX DEX 5 Chain Cross Chain Interoperable Trading with Lowest Fees in Crypto

https://www.youtube.com/watch?v=2FMSeX_wDZQ

What separates YFX DEX from other cryptocurrency AMMs and decentralized exchanges?

https://www.youtube.com/watch?v=7hvAz0C0G-E

What is YFX’s QIC-AMM? How does this help traders on decentralized exchanges? Trading tutorial

https://www.youtube.com/watch?v=yxmvyQzQBq4

$YFX Token Burn and YFX Open Source GitHub Update

https://www.youtube.com/watch?v=wFJ_9nSieVs

YFX Pool APY Update, YFX VP of Product AMA Every Friday, YFX News Portal

https://www.youtube.com/watch?v=wFJ_9nSieVs

5. The cross-chain decentralized perpetual contract trading platform YFX.COM Layer2 (xDai) “0 Gas transaction” event is ongoing, and ultra-detailed tutorials have been launched to help you quickly conduct 0 Gas on-chain contract transactions.

YFX.COM Layer2 tutorial: Detailed Tutorial on Using YFX Layer 2(xDai Network) Through MetaMask

6. To make our partners in the global community have a more comprehensive understanding of YFX.COM’s product trends, the “YFX Product AMA” at 14:00 (UTC) every Friday continues. Welcome to join and ask your most concerned questions.

7. YFX Partnerships / Marketing

● YFX.COM has been listed on the pricing website of Coinbase.

Details: https://www.coinbase.com/price/your-future-exchange

● YFX.COM launched CoinMarketCap(CMC) and Coingecko.

YFX.COM on CMC: https://coinmarketcap.com/currencies/your-future-exchange/

YFX.COM on Coingecko: https://www.coingecko.com/en/%E6%95%B0%E5%AD%97%E8%B4%A7%E5%B8%81/your-futures-exchange#markets

● From October 1st to October 15th, YFX.COM global brand ambassador held a lot of AMAs in major communities. YFX.COM’s global community construction has grown significantly. We hope to let more community partners understand the design concept of YFX.COM’s decentralized derivatives, recent development plans and YFX.COM’s latest actions.

● YFX token now can be traded on Sushiswap, Mdex, MXC, BitZ, COINBENE, Gate, BiKi, BigONE and Hoo.

8. Platform Events:

Ended:

●YFX.COM Double Chain(Heco&Tron) Perpetual Swaps Trading Competition+ LP Mining, Get 30,000 YFX Token Rewards

https://help.yfx.com/portal/en/kb/articles/perpetual-swaps-trading-competition-lp-mining

● YFX.COM Perpetual Contract V1.0 is Open SourcedBug Bounty Coming

Period: 08/06/21 12:00(UTC)-08/08/21 12:00(UTC)

Detail: https://help.yfx.com/portal/en/kb/articles/yfx-com-perpetual-contract-v1-0-is-open-sourced-bug-bounty-coming

● YFX.COM & xDai Layer2: Deposit on ETH(xDai) to Get Bonus + Perpetual Contract Trading Competition to share 60,000 YFX Tokens

Period: 01/07/21 -22/07/21

Detail: https://help.yfx.com/portal/en/kb/articles/yfx-com-xdai-layer2

Tutorial:Detailed Tutorial on Using YFX Layer 2(xDai Network) Through MetaMask

● YFX.COM Duo-Chain (BSC&Heco) Perpetual Contract Trading Competition+ Single Current Financial Management, Get 30,000 YFX Token Rewards

Details: https://help.yfx.com/portal/en/kb/articles/yfx-com-duo-chain-bsc-heco-perpetual-contract-trading-competition-single-current-financial-management-get-30-000-yfx-token-rewards-17-8-2021

YFX.COM Duo-Chain (BSC&Heco) Perpetual Contract Trading Competition+ Single Current Financial Management, Get 30,000 YFX Token Rewards

https://help.yfx.com/portal/en/kb/articles/yfx-com-duo-chain-bsc-heco-perpetual-contract-trading-competition-single-current-financial-management-get-30-000-yfx-token-rewards-17-8-2021

9. YFX Community:

The number of YFX.COM official Twitter is 25,199;

The number of YFX.COM telegram community is 32,685;

The total number of YFX.COM Chinese community has exceeded 36,000+;

This week, the YFX.COM community construction effect is obvious. As YFX.COM global ambassador said: The YFX community has spread all over the world. Many countries in the world have communities representing YFX, and we hope that more countries and more communities will join us.

Development Progress:

YFX.COM V2.0 finished development and deployment, testing now.

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 official contact information:

Web: 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

Youtube: https://youtube.com/channel/UCR4m3-VfO27aQy4yc2goZvA

Facebook: https://www.facebook.com/profile.php?id=100069836976785

E-mail: Contact@yfx.com

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YFX.COM

Decentralised Perpetual Exchange. Trade BTC, ETH and more with up to 200x leverage directly from your wallet at https://yfx.com.