full image - Repost: UniDex Expands to Evmos (from Reddit.com, UniDex Expands to Evmos)
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November 28th marks UniDex's Evmos integration. Get ready for Perps trading.UniDex, a multi-chain, multi-platform aggregator for perpetuals trading, is set to deploy on Evmos 28 Nov. This makes UniDex the first perps platform on the chain. The integration will enable users to leverage stEVMOS as collateral, connecting them to an expansive network of 162 liquidity sources with over $22 billion in aggregated liquidity.Diverse OfferingsUniDex distinguishes itself with a broad array of services for traders and liquidity providers. Its powerful aggregation capabilities afford traders access to various markets, competitive trade fees, diverse collateral options, and an unparalleled range of trading pairs. Liquidity providers benefit from receiving 60% of trading fees, engaging in efficient market-making through an automated engine, earning interest on open positions, and enjoying real yield rather than farm tokens.Trading AdvantagesUniDex sets itself apart by offering three key advantages in perps trading:Aggregated Leverage Trading: It aggregates leverage trades at the most favorable rates across several leverage protocols.Global Trading Pair Support: The platform’s compatibility with any trading pair opens up global market access for traders.Innovative Shared Liquidity Model: This guarantees deep liquidity for a wide range of trading pairs, addressing the liquidity challenges encountered by traditional leverage protocols.Risk Management and Liquidity PoolingUniDex’s liquidity pooling approach is similar to traditional finance market makers, balancing gains and losses through a collective liquidity pool. This model highlights the risk-reward scenario for liquidity providers, tying their returns directly to the collective trading outcomes. Market studies show a general trend of net losses among traders. With that in mind, they have adaptable and programmable liquidity pools, eliminating the need to develop separate liquidity for niche pairs.Advanced Pricing Strategy and SecurityUniDex employs a dynamic approach for price feeds, using aggregated pricing from multiple sources. The platform’s safeguards, including internal circuit breakers, mitigate risks associated with false price reporting. Their system ensures effective trading for all pairs, including less common ones, giving top-tier execution across the board.A New Chapter in Evmos DeFiWith UniDex’s commitment to delivering an innovative, secure, and varied trading environment, its launch on Evmos offers new trading possibilities within the Cosmos ecosystem.Learn MoreUniDex’s Evolution: Dive into their 3-year journey, exploring their milestones and future goals. Three Years, One Vision: UniDex’s Journey from Inception to InnovationInnovation in Action: Learn about UniDex’s new Intent-Based Perp Hooks & Tranches. Understand how these tools are changing the landscape of perpetual trading here.Twitter Spaces: Listen to the Twitter Spaces with Evmos DAO featuring insights and updates from UniDex. https://twitter.com/EvmosDAO/status/1725211818933830063 Look forward to more Spaces soon.Upcoming Incentives Program: Keep an eye on Commonwealth for discussion on UniDex’s incentives program. This initiative aims to boost liquidity and attract traders to the Evmos deployment. Visit https://ift.tt/kR7fIQz to see it in action.
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