Lynx Brings Perpetuals Trading to SolidLizard
Introducing SolidLizard
SolidLizard is a decentralized exchange built on Arbitrum that offers low-cost token exchanges and reduced swap fees, using a governance model called the ve(3,3) system, which was developed by Andre Cronje and introduced in Solidly.
After initiating a small bull run on Arbitrum with the SolidLizard DEX, which peaked at a TVL of 120M, the SolidLizard team has recently introduced a highly efficient peer-to-peer Money Market at the core of the Arbitrum ecosystem. This lending platform provides competitive borrowing and lending opportunities, featuring blue-chip-only permissionless markets.
SolidLizard Perpetuals: Powered By Lynx
Lynx has teamed up with SolidLizard to introduce perpetual futures trading to SolidLizard users. By leveraging Lynx’s advanced trading infrastructure, SolidLizard further expands their product suite to include a Perp DEX while generating a new stream of revenues via commissions on trading fees.
SolidLizard’s Perp DEX is distinguished with a number of unique features, including:
- Custom Front-End: Perpetuals trading underneath the SolidLizard brand
- Gasless Trading: No gas fees paid by any user
- Any Token as Collateral: Select from an expanding list of supported collateral tokens
- Instant Liquidity Sharing: Access to all 20+ Lynx liquidity pools (and counting) across multiple chains
Listing $SLIZ and $SCALES
Alongside the white-label launch, Lynx has listed SolidLizard’s $SLIZ and $SCALES tokens as supported collateral assets on Lynx.
Listing $SLIZ and $SCALES as collateral assets on Lynx brings new utility to token holders. Holders of $SLIZ and $SCALES can now trade perps using their $SLIZ and $SCALES as collateral, offering them exposure to various alternative assets without needing to sell any of their token holdings.
Holders of $SLIZ and $SCALES can open long/short positions with up to 100x leverage on BTC/USD, ETH/USD, and other tradeable instruments on Arbitrum, or provide liquidity to the $SLIZ and $SCALES liquidity pool to absorb the fees and performance of traders.
Set Up Your Perp DEX
Whether your business aims to enter the derivatives market, serve both novice and experienced traders, or add new use cases for your native token, Lynx’s white-label solution provides an effortless, ready-to-launch experience. Plus, Lynx offers marketing and customer support to guarantee a smooth and successful onboarding process.
3 Simple Steps
- Connect with us Our BD team will demo the product and explain points like revenue share and support for your native tokens
- Add a link in your app Decide where you’ll want your Perp DEX to go within your app; no additional technical integration is required — Lynx handles the rest!
- Launch with co-marketing That’s it! Lynx will build your custom Perp DEX and prepare to announce across all channels
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
