Exnetwork Invests in Web 3.0 Trustless Open-sourced Decentralized Exchange With Fxdx

Michelle Fernando
ExNetwork
Published in
2 min readDec 13, 2021

Exnetwork announces its latest investment in fxdx Exchange, a derivatives decentralized exchange with lightning fast transaction speed and minimal transactions costs with institutional grade centralized UI/UX experience.

Derivatives is the largest class in TradeFi, it is used in hedging and leveraging. Derivative make up 56% in the overall DeFi markets which is expected to come at par ratio with the CEX markets. Experts predict that DEX volumes will continue to grow in the next three years. Now is a great time to build in DeFi derivatives.

fxdx is able to solve common CEX and DEX problems:

  • Custodianship
  • Security Breach
  • Manipulation
  • Withdrawal Limits
  • High Slippage
  • No Cross-chain Swap
  • Inadequate Tool Support

The fxdx open-source, fully transparent experience includes lightning fast trades. Trades execute on the fxdx platform instantly and settle in a matter of seconds. fxdx is also able to audit smart contracts, the fxdx code will be audited by several audit firms and published publicly on a frequent basis. The platform is non-custodial and users can maintain control of their own keys and assets.

With fxdx’s low transaction fees users can experience tiered and incentivized fees. That means higher the trade value with lower fees and if you use $fxdx to pay, you get a discount. Through fxdx, there is also minimal liquidation, as positions that become under-collateralized are only liquidated partially to bring up margin %.

fxdx lets users maximizes gains and leverage trade to maximize returns as the crypto rallies or crashes. They are fully decentralize and an open book. Users can expect excellent service as they don’t trade against other traders like their centralized counterparts.

fxdx.exchange

Get the latest news and updates from fxdx Exchange:

Website: https://www.fxdx.exchange

Telegram: https://t.me/fxdxdex

Twitter: https://twitter.com/fxdxdex

Get to know Exnetwork Capital

Exnetwork is Philippines’ #1 crypto fund with strong ties to every major geographical crypto community in the world. It’s exceptional network include several DAOs, telegram communities, a leading validator, incubator, idea labs, gaming guilds and growth agency.

In 2021, we’ve seen an incredibly strong period for innovation at Exnetwork Capital, with a barrage of creative projects developed by builders, early adopters, and visionaries all looking to develop the next big thing in crypto. Exnetwork Capital aims to invest in a diverse group of projects that will surely disrupt the market.

Website: http://exnetworkcapital.com/

Medium: https://medium.com/exnetwork

Telegram: https://t.me/exnetworkpublic

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