DX25 & Entity: Revolutionizing DeFi on MultiversX
The next DeFi titan has arrived on MultiversX! DX25 is building a next-level DEX that will give investors more flexibility, efficiency and accessibility than ever before. Read on to learn more about this project’s vision for expanding the MultiversX DeFi ecosystem.
Power for the next wave of growth
2023 is already turning out to be a historic year for MultiversX DeFi.
AshSwap’s stable-swap exchange is now live on mainnet, Hatom is preparing to launch their lending & borrowing and liquid staking protocols, and Entity is building our own DeFi features such as the Liquidity Diversification Marketplace (LDM).
Other builders are stepping up as well, but MultiversX is still missing several key DeFi primitives. For example, the network does not yet have perpetual options and advanced liquidity features like on Uniswap v3 or on-chain derivatives trading like on GMX.
That’s why Entity has partnered with DX25, built by Tacans Labs, whose experienced team is building innovative liquidity solutions, options, derivatives and more that will fill important gaps in the ecosystem.
Let’s take a look at what DX25 is developing for MultiversX!
Next level flexibility and rewards
The DX25 DEX will complement other exchanges like xExchange to deliver better returns for liquidity providers, better spreads for traders, and enhanced capital efficiency for the entire DeFi space.
In DX25’s liquidity pools, users will have a range of opportunities to laser-focus their liquidity and supercharge their returns. This includes single-sided, concentrated and full-range liquidity provision.
DX25’s adaptable liquidity pools allow users to contribute just one token and still earn rewards. Experienced users can also select a fee level and price range for their liquidity as part of the exchange’s novel concentrated liquidity model.
The result? More efficient liquidity and more productive yields.
Accessible for all users
In addition to these advanced tools for liquidity providers, casual investors will also be able to easily tap into the power of DX25 in several ways:
- Traders can efficiently perform swaps through the DEX’s intuitive and straightforward interface
- Users can provide full-range liquidity and still earn greater yields
- With liquidity management pools, investors can optimize their returns without needing to constantly maintain their positions
The liquidity management pool system will let users automatically allocate their tokens so they can enjoy the benefits of DX25's next-level liquidity solutions with minimal complexity.
These pools will be a revolutionary feature for non-professional investors, as they combine the simplicity of a centralized exchange with the decentralization and transparency of a DEX.
Groundbreaking DeFi tools
In addition to the range of benefits for liquidity providers and swappers, DX25 will deliver a variety of exciting new tools for DeFi traders such as futures, margin trading, perpetual options, and more.
Going above and beyond what existing protocols offer on other chains, DX25’s range of powerful derivatives will unlock liquidity on MultiversX and open the door to many exciting new DeFi use cases.
Developed by hardcore builders
While the DX25 Team is a new arrival to the MultiversX blockchain, they are no strangers to DeFi.
The project’s co-founder and CEO, Mathias Nielsen, has several years of professional blockchain experience and has founded several successful Web3 startups on other networks such as Ethereum and NEAR. Based out of Switzerland, Mathias has also worked in the AI and traditional finance worlds.
Overall, the DX25 Team has the experience and dedication to deliver a truly game-changing DeFi protocol to MultiversX.
Why did DX25 decide on MultiversX?
Coming from the broader Web3 world, there are several reasons that DX25 chose to build on MultiversX.
In particular, the DX25 Team was looking for a lightning-fast blockchain with low fees like MultiversX to make it easy for advanced traders to manage their liquidity positions and maximize their returns. Additionally, DX25 was impressed with the blockchain’s growing DeFi community and carbon-negative certification.
“MultiversX is an exciting blockchain with a fast developing DeFi ecosystem. We look forward to delivering dynamic new liquidity avenues and tools that support the network’s next wave of growth.”
— Mathias Nielsen • Co-Founder and CEO of DX25 and Tacans Labs
Entity is excited to have another DeFi heavyweight on MultiversX and looks forward to supporting the DX25 Team on their journey to success.
Joining the Entity Ecosystem
Last week, Entity and DX25 announced an official partnership to enhance MultiversX DeFi together.
This partnership will benefit future Entity Launchpad projects with valuable new liquidity features and potential DeFi integrations.
In return, DX25 will get priority access to Entity’s features such as the Staking Farms and LDM.
DX25 joins other DeFi partners such as AshSwap in the growing Entity Ecosystem. As Entity continues to grow, we look forward to announcing more synergies and collaborations in this evolving network.
Find out what comes next
For more information about DX25, make sure to check out their official litepaper and join them on Twitter and Telegram.
And as always, make sure to join Entity on Twitter, Telegram, and our Official Newsletter for the latest news about the Entity Ecosystem and more!
Enhancing the MultiversX Ecosystem
Entity is a Launchpad and suite of cutting-edge tools for Web3 builders and investors. Entity is focused on catalyzing growth in key areas such as DeFi, GameFi, NFTs and real-world blockchain applications.
MultiversX is a highly scalable, secure and decentralized blockchain network created to enable radically new applications, for users, businesses, society, and the new metaverse frontier.
