Launch Phase 1: Open Beta

4 min readNov 14, 2023

IntentX is thrilled to enter it’s first Launch Phase: Open Beta. The trading platform will go live on November 15th, 2023.

This marks a pivotal moment in the project, here is everything you need to know and what’s to come.

Key Features of Open Beta

Perpetual Futures Trading:

❖ Trade Perpetual Futures — Long and short over 180 top crypto pairs with deep liquidity.

❖ Ultra-Low Fees — 0.04% trade fees (of notional position value)

❖ Leverage — Utilize 60x+ leverage on perpetuals to amplify exposure or hedge risk.

❖ Cross-Margin Accounts — Efficiently manage a universal margin that combines all your balances and positions to optimize capital use.

❖ Sub-account Support — Manage multiple sub-accounts under the same wallet address. Allowing users the flexibility to employ different trading strategies, segregate risks, and track performance across all accounts.

❖ Self-Custody — Non-custodial. Only you have control over your assets.

❖ Permissionless and Trustless — Permissionless access with no KYC. Trade with the full security of the blockchain.

View our trading tutorial here to walk through opening your first trade!

Share Cards:

Share your success with our trade cards!

Navigate to your “Position Details” tab and click on “Share”.

Trader Incentives:

By trading during the Open Beta, you qualify for phase 1 of our “Trade & Earn” program, rewarding your trading activities with 2,000,000 INTX via retroactive airdrop.

At the end of each epoch (24 hours), points are distributed to active traders based on their total traded volume for that epoch.

Users can navigate to the Leaderboard to view trade volumes and points accrued by traders on IntentX.

The Incentives section of the site shows more information on how many points you have and additional platform statistics.

After the TGE (Launch Phase 2), the 2,000,000 INTX trader incentives will be available for claim and distributed proportionally to the number of points each trader has accrued during the Open Beta period.

Get trading to participate in the airdrop!

Referral System:

IntentX Open Beta is launching with our Referral Program:

In addition to our Trade & Earn program which awards traders with daily rewards (26% of the total INTX supply allocated), by using our referral program, you’ll receive a 15% bonus in xINTX rewards based on your qualified trading volume!

This bonus rewards is forever linked to your account and will continue to provide boosted rewards into the future. Sign up through one of our launch referral partners to participate.

Advanced Account Management and Analytics

Our analytics offer insights at both the platform and individual account levels, enabling informed decision-making with up-to-date data and customizable filters.

Obtain a comprehensive view of your trading patterns and portfolio performance with our Account Management to track:

Historical PnL
Deposit & Withdraw History
Total Traded Volume
and more!

Stay up-to-date with platform wide statistics during the Open Beta phase with our Global Analytics:

Trade Volumes
Fees
Open Interest
Users
Deposits
Top Trading Pairs

What’s on the Horizon?

The Open Beta will continue to live and operate as we continue building more features and expanding our offering. This is not just a testing phase, but a fully functional product that will be iterated on over time.

Here’s a look into what’s on the horizon:

Account Abstraction: Simplifying the onboarding process by integrating web2 login options, we aim to make blockchain interactions more accessible and less intimidating for both new and experienced traders. This feature focuses on enhancing user experience by masking blockchain complexities and offering advanced security measures like 2FA and account recovery.

Our Account Abstraction solution will be ready shortly after the Open Beta goes live, stay tuned for details soon!
Advanced Order Types: Expanding the range of order types to accommodate more sophisticated trading strategies including stop loss, take profit, and more.
Increased Open Interest (OI)/Caps/Assets: Aiming for a broader market coverage and deeper liquidity pools over time. This will be a gradual operation with time, increasing OI to meet demand.
Advanced Analytics: Further enriching the trading experience with more in-depth market data and insights.
Phase 2 — Token Generation Event (TGE): The next big leap, kicking off the xINTX retro-active airdrop and daily incentives.

Join Us!

Your involvement, feedback, and support at this stage are vital in shaping a trading platform that resonates with your needs and aspirations. By trading during the Open Beta, you qualify for an airdrop and ownership in the platform you use.

Make sure to join our discord community and participate in conversation and provide feedback!

We invite you to join us in building the best DEX possible!