MMEX — Pioneering the Future of Decentralized Trading on Movement

Introduction

With the rapid development of DeFi, derivatives trading has surpassed the scale of the spot trading market. Given this growth, a fully on-chain perpetual contract trading protocol has been built by MMEX aimed at bringing the next generation of trading experiences to the Movement Ecosystem, prepared for onboarding millions of traders.

MMEX Overview

Leveraging the advantages of the Move language and the Movement Network, MMEX provides a trading platform for perpetual tradings that effectively reduces transaction latency and price impact while ensuring security, while allowing Liquidity Providers to share in protocol revenues.

Trading on MMEX

• High Leverage: MMEX offers up to 100x leverage depending on the trading pair, providing users with enhanced opportunities for potential returns.
• Efficient Trading: MMEX brings in professional liquidity providers and utilizes concentrated liquidity along with oracle-based pricing to ensure traders can enter and exit positions at near-market prices, minimizing the price impact.
• Self-Custody — MMEX allows users to access with no KYC, and execute seamless trades straight from their Web3 wallets without sign-up or deposits.
• More Collateral Options: MMEX’s synthetic framework allows a wide range of assets to be used as collateral, including BTC, ETH, MOVE, USDT, USDC…

Providing Liquidity on MMEX

MMEX offers liquidity providers (MMLP) a broad share of protocol fee revenues while minimizing market risk for liquidity providers (MMLP).

• Revenue Sharing: MMEX shares protocol revenues with its MMLP.
• Risk Mitigation: MMEX features a dynamic funding rate to minimize potential losses for MMLP during market imbalances, ensuring long-term profitability.
• High Capital Efficiency: MMEX offers yield strategy services to MMLP by utilizing idle funds in the liquidity pool, maximizing returns regardless of market conditions.

Mission & Vision Our mission is to innovate and optimize user-centric solutions that facilitate a seamless transition of derivatives trading from centralized exchanges to on-chain platforms, driving the decentralized trading market into the next generation of trading experiences.

MMEX is set to expand its offerings and enhance user experiences through the following initiatives:

• Broaden Trading Pairs: Introduce a more diverse range of trading pairs, giving users greater flexibility and opportunities.
• Implement Loyalty Programs: Reward loyal users with innovative loyalty programs that reinforce their continued engagement with the platform.
• Launch Points System: Increase user engagement by implementing a points system that will provide future benefits within the ecosystem.
• Active Governance Participation: MMEX aims to foster a decentralized decision-making process through active governance participation, empowering its community to shape the future of the platform.

Join the MMEX Community

As we gear up for our launch, we invite you to join the MMEX community. Follow us on our social media channels, participate in our discussions, and be the first to know about our latest updates and features.

• Website: Visit our website
• Testnet early access: Join the waitlist
• Twitter: Follow us on Twitter
• Discord: Join our Discord