Matrixswap

Matrixswap

Created using Figma
Created using Figma
Decentralized cross-chain perpetual swaps being built on Polkadot & Cardano.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Dfyn
    MATRIX/0X7CEB23FD6BC0ADD59E62AC25578270CFF1B9F619 one month ago
    $ 0.0113
    $ 373.98
    -2.29%
    6.50%
  • Dfyn
    MATRIX/0XC168E40227E4EBD8C1CAE80F7A55A4F0E6D66C97 one month ago
    $ 0.0114
    $ 329.86
    -1.65%
    10.87%
  • Dfyn
    MATRIX/0X2791BCA1F2DE4661ED88A30C99A7A9449AA84174 5 months ago
    $ 0.0827
    -
    -
    -
To be announced
Token Details
Ticker
MATRIX
Additional Details
Categories
Platform

About Matrixswap

Matrixswap is a decentralized virtual-AMM-based perpetual swaps trading protocol deployed on the Polkadot and the Cardano blockchain. Unlike traditional AMMs, users can long or short any assets' perpetual contracts with up to 25x leverage. While most decentralized derivative trading platforms face liquidity concerns, the Matrixswap vAMM offers infinite on-chain liquidity. A funding rate mechanism is incorporated to ensure MarkPrice closely tracks IndexPrice.

What makes Matrixswap attractive and unique as a trading platform are the below key features,

  1. While most decentralized derivative trading platforms face liquidity concerns, Matrixswap vAMM offers trades with up to 25x leverage with infinite on-chain liquidity,

  2. 100% on-chain and 100% non-custodial trading,

  3. By interacting with Matrixswap's vAMM smart contracts, users can gain exposure to derivatives for any assets on the market,

  4. Matrixswap aims to deploy on two major blockchains: Polkadot and Cardano. By leveraging cross-chain bridges, Matrixswap aims to unlock liquidity from different blockchain networks thereby empowering traders with maximum capital efficiency,

  5. Matrixswap provides users an Emergency Nuke Button (DEX aggregator) that allows users to convert multiple (or all) tokens into one single asset under one transaction. This is made possible by the nature of the underlying blockchain (low fees, high throughput) and shared liquidity amongst DEXs,

  6. The Matrixswap platform utility and governance token MATRIX is built with a deflationary economic design. 50% of the platform trading fees will be allocated towards token buyback & burn in order to offset rewards token emission.

Matrixswap aims to be a fully community-owned and governed Defi protocol in the long run.

Activity

Followers:
25 752
VERY HIGH
Tweets:
904
VERY HIGH
30 Days Growth:
-180
Members:
5 393
HIGH
30 Days Growth:
-318
$ 0.0047
9.02%
Crypto Stats
Daily, %:
9.02%
Weekly, %:
9.00%
Monthly, %:
2.59%
Market Info
Market Cap:
$ 156.255 K
Volume 24h:
$ 581.52
Circ. Supply:
33.308 M MATRIX
Ticker:
MATRIX
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