Every token deserves a perpetual market
Do you remember the times when you had to sign up for a smaller centralized exchange just to trade a special altcoin that was only listed there?
The fear of such exchanges randomly closing down was always there, but the need for perpetual trading of altcoins persisted.
What if there was a decentralized perpetual DEX that allowed for quick listing of any asset? That’s why we created LEXER.
Introducing LEXER v2, the synthetic engine behind long/short trading for everything.
When $PEPE was first listed on different CEX as a perpetual, it experienced a trading volume of over 70 million dollars per hour, with 15,000 trades at its peak.
LEXER v2’s synthetic liquidity engine will enable us to capture all this trading volume and attract new users.
Introducing Lexer’s V2 Synthetic Liquidity Engine.
Here are the benefits of our synthetic liquidity engine:
For Traders:
- Access to a wider range of tradable assets.
- No painful spread/slippage caused by thin order books.
- Higher leverage available due to increased capital efficiency.
- Collateralize positions using stablecoins.
For Liquidity Providers:
- Lucrative fees from different liquidity provider options, including Forex, RWA, and exotic tokens.
- Isolated liquidity providing groups, allowing for risk-adjusted returns.
- High capital efficiency, enabling more yield with less capital.
- Delta Neutral LPing.
- Protected by enhanced risk management.
For $LEX token holders:
- More fee generated from more markets enabled.
- Enabling more potential utility value, such as voting for new LP pools/groups as $LEX is LEXER governance token
- Stabilized price through incentivized real yield.
Forex will be the Lexer’s first Synthetic Liquidity Engine listing
We believe Forex possesses significant market potential and bringing benefits for both Lexer’s trader and liquidity provider. Read more here.
Followed by more exotic crypto markets such as
- stETH
- BNB
- SOL
- XRP
- AVAX
- DOGE
- WLD
- (some other sensible tokens)