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TLX

Last updated: Dec 20, 2024

TLX is a permissionless, non-custodial leveraged token platform built on Optimism. It enables users to mint and redeem leveraged tokens (LTs) for over 50 assets with up to 20x leverage. All LTs are backed by Synthetix perpetual futures contracts.

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Overview

Project industry	Optimism Ecosystem / DeFi / EVM / DEX
Product type	Protocol

What is TLX

TLX is a leveraged tokens protocol that enables users to mint and redeem leveraged tokens for over 50 assets with up to 20x leverage. Built on Optimism and backed by Synthetix perps, TLX pilots the next generation of leveraged tokens in DeFi. Where gaining leveraged exposure to a wide range of assets is as simple as one click.

In addition to its core product, TLX also introduces DeFi primitives such as delta-neutral LP tokens and leveraged bonding.

Details

Token supply: 100,000,000 TLX

Legal

Blockchain Platform: Optimism

Token info

Ticker: TLX
Type: Utility-token
Token standard: ERC-20
Token distribution:
Airdrop - 6%
Locking rewards - 4%
Team - 20%
Investors - 8%
Company Reserves - 7%
DAO Treasury - 3%
Bonding - 42%
AMM Incentives - 10%

TLX Roadmap

In Review

Mint/Redeem history
Deploy on Base
Export trading history to csv
Add limit order & stop loss functionality
Add a Compound button to Rewards page in staking module
Implement PnL on Portfolio page
Add Wallet Connect support and other wallet options
Add a chart to bonding page for historic discounts
Share Cards
Add lifetime earned to Rewards page
Add more supported zap assets and more efficient routing paths
Display the asset funding rates somewhere on the UI
Add TAO, NEAR & Render Leveraged Tokens
Add a "Buy $TLX" button on the Stake and Lock pages
Add BONK Leveraged Tokens
Add SEI to TLX Leverage Token
Create a TLX LT minting & redemption widget
Add WIF Leveraged Tokens
Add hover details for charts
Pools
Add SUI Leveraged Tokens.
Add Privacy Mode for Screenshots
Add AAVE Leveraged Tokens
Add ADA Leveraged Tokens
Add MATIC Leveraged Tokens
Add AVAX Leveraged Tokens
Why does the leverage multiplier decrease when price increases?
Support Yield-Bearing Tokens (CRV, PENDLE, BAL) in TLX
Change the UI to show USD value instead of sUSD
Add an option for the user to bond their Leveraged Tokens when they go to redeem them
Add some stats (TVL, Volume, OI ect) to the TLX Landing Page
Add DOT Leveraged Tokens
Add CRV Leveraged Tokens
Add INJ Leveraged Tokens
Add RUNE Leveraged Tokens
Add STETH Leveraged Tokens