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Decentralized Perpetual Exchange (DPEX)

IDO

Decentralized Perpetual Exchange – Trade Bitcoin, Ethereum, and other digital currencies with up to 50X leverage from the comfort of your web3 wallet, such as Metamask or Coinbase Wallet – no need for a middleman.

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Overview

Project industryExchanges & Wallets
Product typePlatform
WhitepaperDecentralized Perpetual Exchange White Paper Open

What is Decentralized Perpetual Exchange

DPEX is a decentralized spot and perpetual exchange on the Polygon network that supports low swap fees and zero-price impact trades with up to x50 leverage on short and long positions. The protocol uses multi-asset liquidity pools that earn fees from swaps, market making, leverage trading, spreads, funding fees, liquidations, and asset rebalancing. Chainlink Oracles provides dynamic pricing and TWAP pricing from leading volume decentralized exchanges.

  • For token holders: Tokenomics and Rewards
  • For liquidity providers: DPLP
  • For traders: Trading

With DPEX, you can stay in control over your crypto assets by holding on to your private keys and without sharing your private data trade with leverage in a decentralized fashion. Low transaction fees without price impact, even for large order sizes.

Details

IDO (Gate Launchpad): Jun 27, 2023 - Jun 30, 2023
Token supply: 1,250,000,000 DPEX

Legal

Blockchain Platform: Polygon
Registration year: 2022

Token info

Ticker: DPEX
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 DPEX = 0.0024 USD
Token distribution:
Private Sale - 15%
Team - 13%
Liquidity - 12%
Seed - 10%
Reserves - 10%
Operations - 8%
Market Makers - 8%
Strategic - 6%
Partnerships - 6%
Public Sale - 4%
Development Grants - 4%
Advisors - 3%
Early Bird - 1%

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MVP

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