OliveX: How to make innovative breakthroughs in trading experience?

OliveX Exchange
4 min readJul 20, 2023

--

Trading is an eternal theme in the cryptocurrency market. For investors, there are two forms of market participation: centralized exchanges (CEX) and decentralized exchanges (DEX). However, both have their limitations. Under the centralized model of CEX, users’ funds are held by the exchange, and they have limited control over their assets, compromising security and privacy to some extent. On the other hand, in the DEX model, although users have control over their assets, the high entry barriers and slow and expensive trading experience often deter many users.

Many users face the dilemma of choosing which type of exchange to use. In this context, the OliveX project seeks to provide the optimal solution in the trading field with its unique perspective and innovative technology.

The Ultimate User Experience

OliveX is a trading exchange solution that aims to deeply integrate the advantages of both DEX and CEX to provide a superior trading experience.

OliveX introduces the groundbreaking Fusion-Ex trading model, which offers a genuine solution to investors’ “choice dilemma.” Under the Fusion-Ex model, OliveX not only provides a trading experience similar to CEX but also preserves the decentralized features of DEX, offering users a secure and convenient trading platform.

For example, through OliveX’s Fusion liquidity solution, users can also access abundant liquidity similar to that of CEX. Combined with the scalability solution of ZK Rollup, users can enjoy fast transactions on the OliveX platform without worrying about slow transaction speeds. Additionally, the account abstraction technology simplifies the use of cryptocurrency wallets, making it as user-friendly as an email account and reducing barriers to entry, particularly for novice users.

In addition to the basic spot trading functionality, OliveX also offers derivative product trading such as leverage trading, futures, and lending. In the past, due to limitations in blockchain performance, trading protocols had relatively limited functionalities. Users who wanted to experience these features often needed to switch between different protocols repeatedly. OliveX, on the other hand, provides an all-in-one trading experience, allowing users to perform all operations on the OliveX platform, thereby reducing time and capital costs.

Furthermore, OliveX provides additional features such as Staking, liquidity mining, and yield farming, offering users opportunities for additional returns beyond trading. This comprehensive functionality enables users to fully utilize their trading strategies according to market conditions, helping them better manage their risks and maximize their profits. Whether you are a beginner or a professional trader, you can find products on OliveX that match your trading needs.

OliveX also incorporates AI technology to provide users with a new trading experience. Through its built-in AI trading suite, OliveX can customize an automated revenue model for users, helping them enhance their trading profits. Moreover, OliveX’s AI suite has the composability of DeFi Lego, allowing integration with various other blockchain applications.

With the OliveX platform, users can conveniently combine AI with various complex trading strategies, which undoubtedly will further drive the development of DeFi. This will not only attract more users but also bring more trading volume and revenue to OliveX.

OliveX’s unique Fusion-Ex trading model, deep integration with DeFi, and exploration in the field of AI all contribute to its enormous growth potential in the future cryptocurrency market.

The Market Appeal of OliveX

The market appeal of OliveX is not limited to existing cryptocurrency users. Its unique trading model and excellent user experience make it possible for OliveX to attract a broader user base, including those who have not yet engaged with cryptocurrencies in the Web2 space. With a user-friendly interface that aligns with the habits of this user segment, OliveX has the opportunity to become the gateway to the entire crypto ecosystem for these new users. As these new users join, the volume of OliveX and the entire crypto market is expected to expand further.

Community Incentive Program

OliveX’s innovative strength extends beyond its technology and products, as its incentive and development plans for community users lay a solid foundation for its future growth.

OliveX has designed a series of community incentives and user empowerment around its governance token, OVE. Holders of OVE have rights such as proposing and voting on OliveX’s ecosystem, receiving profit dividends, participating in airdrops, and enjoying priority whitelist privileges.

OVE has already completed five rounds of Initial Exchange Offerings (IEO), each of which ended with oversubscription. According to official statistics, the total funds raised by users in these five rounds exceeded 40 million US dollars, with oversubscription rates exceeding 3000%. The number of participating users also exceeded 20,000. The current price of OVE is around 1.11U, representing an approximately 350% increase from the IEO price of 0.25U. OliveX has demonstrated tangible financial returns to reward the trust of its users and the market.

The Staking program is an important component of OliveX’s development plan. Through the Global Staking Alliance program, OliveX users can lock their OVE tokens in the Staking pool. The deflationary burning mechanism in the OVE economic model empowers all OVE tokens with equal value, encouraging users to hold OVE for the long term. Continuous value empowerment of the token also garners more support from the OliveX community.

Additionally, OliveX has established an OVE Olive Pool plan using protocol revenue to provide compensation to users who suffer losses while trading on OliveX. When users trigger the compensation conditions, the Olive Pool automatically provides subsidies. This compensation mechanism significantly reduces the volatility risk for users during the trading process, allowing them to pursue profits without worrying about potential losses.

OliveX is committed to returning the benefits of ecological development to its community users in various ways. Whether through IEO, airdrops, Staking rewards, loss compensation, or the high-quality services provided by the platform itself, OliveX consistently rewards its community users, motivating their participation and contributions, and enabling every participant to obtain real returns.

Follow Our Official Social Media

Official Site: http://olivex.pro

Twitter: https://twitter.com/OliveX_Exchange

Discord: https://discord.gg/N2jF3FZs6k

Telegram Channel: https://t.me/OliveX_announcements

Telegram Global Group: https://t.me/olivexs

--

--