Introducing 100x

Leo
100xfinance
Published in
4 min readJun 14, 2024

100x is the orderbook DEX for trading perps, pre-launch perps, and spot with zero trading fees, high speed, low latency and extra rewards. That’s a long way of saying you have everything you need in a single place, but 100x better. Putting it simply:

  • Anticipate token launches with early token perp listings
  • Trade the perps you want, with maker rebates and deep liquidity
  • Integrate with the 100x API with full team support, earn rewards
  • CEX-like experience, with diverse products and lightning execution
  • Built-in capital efficiency with self-custody and on-chain settlement

On top of it all, earn Blast Gold and xP points for every trade.

And now, available on Blast.

The Landscape

Perpetual contracts have come a long way since their introduction to crypto in 2016, passing through multiple iterations. From centralized orderbooks to virtual AMMs, and from centralized liquidity to pools of LPs becoming the counterparty to traders and sharing rewards. These were important improvements, but as user participation increased and more advanced traders joined the space, better execution was needed. Latency and costs needed lowering, and experience, improving.

As long as orders are filled at a fair price, the underlying mechanism is not as important as what the protocol offers. Users are often herded through the same dull corridors of established pairs, earning only when trading, and only if their profits aren’t eaten by funding rates. If they want new tokens, they can’t get them in a perp protocol. Exposure to the market is limited, and it comes at a price. But it doesn’t have to.

Enter 100x

DeFi was always intended to go beyond the framework of traditional finance and its limitations. You shouldn’t settle for less. You should ask for more, 100x more. We believe you don’t need to give up efficiency to access diverse products, or self-custody for speed and high leverage. That’s given. We say you should earn from them.

Our goal is to offer users the assets or derivatives they want, when they want them, in a decentralized exchange without compromising on capital efficiency and liquidity.

100x in comparison

High incentives

Trade for PnL, trade for rewards, with no fees.

  • Zero trading fees, to trade as much as you want, whenever you want.
  • Blast Gold from a Big Bang winner, 100% distributed to users. Reserved for those who take risks and trade, fierce degens not afraid of volatility. To be fully distributed until June 25th.
  • 100xP points, your very own ticket to 100x. Trading is the no-brainer move to get them, and yet there are still so many other ways.

Pre-launch perps and spot tokens

When you can’t wait. When you have to trade.

  • Pre-launch token perpetuals, bringing users exposure to protocols before they launch their tokens, whether they have been interacting with them or not. Allowing for price discovery, with leverage.
  • Spot tokens, soon on an on-chain orderbook. Allowing from something as simple as holding, to advanced strategies like basis trading and more.

High leverage, high capital efficiency, high speed

A lightning-fast orderbook, with cross-margining. An intuitive, sexy UI. The best in the industry, brought to you by crypto natives.

  • A battle-tested team with a strong background in tech and derivatives. Having developed Rysk, the prime on-chain options protocol on Arbitrum, their expertise is now on Blast.
  • Stork Oracle, bringing ultra low-latency (50ms) price feeds in a hybrid on and off-chain model to ensure seamless trading with accurate prices.

100x Deep

Coming in Q3: a single asset liquidity pool powering all trading pairs on 100x, deepening liquidity and helping tighten spreads on order books. Earn market making returns on top of your points and native yield.

  • A simple and efficient way of providing liquidity and earning fees for all trading pairs, abstracting the burden of choosing a pool and asset.
  • Market making for everyone, regardless of trading experience. You deposit, 100x Deep runs the strategy. Advanced algorithms, just a click away.

One platform to access the hottest projects and tokens, with leverage, yield and points. It’s called 100x, what else do you need to know?

Join us

100x is now available on Blast, and we couldn’t be more excited to have you with us. Our mission is to offer the hottest new assets easily, and readily available. Are you ready?

Join us on Discord: https://discord.gg/100xdex

Keep up on X: https://twitter.com/100xfinance

Trade on: https://app.100x.finance/

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