Lynx Perpetuals: Live on Linea!
We are delighted to announce that Lynx’s decentralized perpetuals exchange has expanded to Linea, a zero-knowledge (ZK) Layer-2 solution for Ethereum.
Visit the Application Here: https://app.lynx.finance/leverage?chainId=59144&sa=usdc&pairId=1
This deployment brings perpetual futures trading to Linea amidst their DeFi Voyage: an exciting 6-week campaign designed to educate and onboard web3 users to the world of DeFi. Voyagers can earn Linea Voyage XP by trading on Lynx at the launch of the Trading Wave (starting early December). To participate, visit Linea’s official campaign on web3 questing platform Intract.
Outside of the DeFi Voyage, Linea offers an exciting new home for Lynx with several significant advantages, including user growth, low gas fees, and the ability to create new partnerships in a blossoming DeFi ecosystem. The move also has the potential to provide Lynx traders with more efficient and cost-effective trading options.
The Future of Trading on Linea
Trading on Linea is now live, with USDC as the first listed collateral asset. Traders can now open long and short positions on a variety of instruments with up to 100x leverage, using their USDC as collateral.
In the coming weeks, Lynx will begin adding support for new Linea ecosystem tokens as collateral. Traders will soon be able to trade perpetual futures using any of their favorite projects’ tokens as collateral, allowing them to gain exposure to other assets without ever needing to sell any of their holdings.
If you’re a project interested in getting your token listed as a collateral asset on Lynx, reach out to Lynx today to learn more! Listing is quick, free, and requires no work.
About Linea
Linea Blockchain is a high-speed, low-cost layer-two (L2) network designed to make Ethereum more usable. Powered by ConsenSys, the organization behind the popular MetaMask wallet, Linea aims to enhance the Ethereum experience. It does this by using a novel technology called zero-knowledge (ZK) proofs. This technology allows Linea to process transactions quickly and cheaply while using the Ethereum network for ultimate security and scalability.
About Lynx
Lynx is an advanced decentralized perpetuals exchange offering up to 100x leverage trading on an expanding list of tradeable instruments. Lynx attracts liquidity for a fraction of the cost of its competitors allowing it to generate higher trading volumes per dollar deposited.
As the only Perp DEX to support leverage trading using any collateral asset, Lynx enables traders to use their favorite ERC-20 tokens — from governance tokens to yield-bearing assets — to gain exposure to other instruments without selling their token holdings.
Website: https://www.lynx.finance/
Twitter: https://twitter.com/Lynx_Protocol
