Gasless Perpetuals Trading Now Live on Fantom
We are excited to announce Lynx’s integration with Fantom and the deployment of our decentralized perpetuals exchange on the popular EVM-compatible L1 amidst the launch of Fantom Sonic. As a winning participant of the Sonic Labs incubation program, Lynx is grateful for the support received from the Fantom Foundation and is ready to go supersonic.
Visit the Application 👇
https://app.lynx.finance/leverage?chainId=250&pairId=1&sa=ftm
Details of Integration
Lynx’s innovative Perp DEX offers gasless perpetuals trading to the Fantom community and enables community members to trade perpetuals using any of their favorite Fantom tokens as collateral. Using Lynx, traders no longer have to sell any token holdings to get exposure to blue-chip assets such as BTC, ETH, etc.
The first token from Fantom to be listed on Lynx is FTM, driving new utility to holders of the chain’s native asset. FTM holders can now use their FTM to open long and short positions on a variety of other instruments with up to 100x leverage.
List Your Token Today
In the coming weeks, Lynx will be adding support for new Fantom ecosystem tokens as collateral.
Is there a Fantom ecosystem token you want to see on Lynx? Join us and get your token listed as a collateral option today — it’s quick, free, and introduces great new utility to token holders. Reach out to learn more about the listing process!
About Fantom
Fantom is a fast, scalable, and secure smart contract platform built on an aBFT consensus protocol. The EVM-compatible Layer 1 pushes the frontiers of blockchain technology to empower consumers with seamless, efficient transactions. Fantom provides blazingly fast, scalable, cost-efficient infrastructure to more than 200 innovative app partners.
Sonic is the newest iteration of Fantom and offers brand-new blockchain technology. With a brand-new virtual machine, improved database storage, and optimized consensus, Sonic is anticipated to achieve 2,000+ transactions per second (TPS) at an average finality of one second while consuming a fraction of the storage used by its predecessor, Opera. The upgrade is the latest step in Fantom’s mission to improve its underlying platform without resorting to sharding or additional layers.
- Official Website: https://fantom.foundation/
- Twitter: https://twitter.com/FantomFDN
- Discord: https://discord.com/invite/STrtzvaUTe
- Blog: https://blog.fantom.foundation/
About Lynx
Lynx is an advanced decentralized perpetuals exchange offering high-leverage trading on crypto, forex, and commodities using any ERC-20 token as collateral. Through Lynx, token holders can utilize their favorite tokens — from governance tokens and LSTs to yield-bearing assets and stablecoins — to gain exposure to other assets without ever selling their holdings.
Lynx introduces gasless trading to a growing number of chains. Using omnichain liquidity pools, Lynx can easily extend support to additional chains while offering immediate access to deep trading liquidity. By applying its liquidity to all chains, Lynx maximizes trading volumes and fees per dollar of liquidity deposited.
- Official Website: https://www.lynx.finance/
- Twitter: https://twitter.com/Lynx_Protocol
- Discord: https://discord.gg/DTcw3rT28J
- Medium: https://medium.com/lynx-finance
