At BSX, our mission has always been clear: to deliver an unparalleled trading experience that marries the speed and efficiency of centralized exchanges (CEXs) with the security and autonomy of decentralized ones (DEXs).
This ambition led us to a pivotal decision — building BSX on Base, an EVM-compatible L2 built by Coinbase. This strategic move aligns perfectly with our core mission and technological aspirations. Here’s why.
Base: A Foundation for Innovation
Base stands as a testament to the future of crypto networks — a secure, low-cost, and builder-friendly L2 designed to onboard the next billion users to crypto. Utilizing the OP Stack’s infrastructure, Base provides an ideal foundation aligned with BSX’s mission to bring decentralized perpetual trading to the masses.
Base has quickly emerged as a focal point for liquidity and trading, boasting $5.3B in total value locked (TVL) within just 8 months of its inception, signaling its evolution into a dynamic ecosystem poised to host significant trading and other crypto-native activities.
BSX leverages Base’s advanced technology, potentially integrated with Coinbase products, to provide seamless user access and enhance the DeFi space.
Technical Synergy: Performance Meets Efficiency
As one of the top projects in the Base Ecosystem Fund, the collaboration between BSX and Base is founded on a mutual understanding of the technical requirements for a superior trading platform. Base offers key advantages that BSX harnesses to elevate the trading experience:
- Low-Gas Trading: Base’s optimization post EIP-4844 enables near gas-free settlements for BSX users when depositing and withdrawing. When trading on BSX users don’t need to pay unpredictable gas fees, but a small, fixed sequencer fee, significantly reducing total trading costs. On average, it is 10x cheaper on gas to trade perp on BSX compared to others on Base.
- High-Performance Trading Engine: Our Close Limit Order Book (CLOB) trading engine, designed for low latency and instant execution, integrates with Base so BSX users enjoy an experience rivaling CEXs.
- Support for Tools and Wallets: By leveraging Base’s robust infrastructure, BSX broadens support for a diverse range of EVM-compatible tools and wallets.
Tips: Logging to BSX using Coinbase Wallet to enjoy even lower fee for trading on BSX
Business Advantages: A Partnership for Growth
Building on Base goes beyond the immediate technical benefits. It represents a strategic partnership that positions BSX for long-term growth that benefits the users:
- Ecosystem Synergies: The Base ecosystem allows BSX to access ample liquidity and groundbreaking projects. These synergies enhance offerings while fostering a vibrant trading community.
- Alignment with Long-Term Goals: Base’s roadmap aims to onboard crypto’s next billion users, empowering BSX to gain exposure to a rapidly growing audience and amplify its impact.
BSX on Base shows the commitment to innovation, security, and user empowerment — a powerful combination setting new benchmarks for DeFi perpetual trading.
Venture into the DeFi trading frontier on a blockchain designed to welcome billions of users. Join BSX on Base and maximize the point program today!
—
Follow us on our official channels and join our vibrant community:
🌐 Website: www.bsx.exchange
📱 Twitter: https://twitter.com/bsx_labs
💬 Discord: https://discord.gg/yP4UCzdj6P
