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AMA: Cryptex Finance Introduces Cryptex V2 - Trade the Entire Crypto Market Cap with up to 20x leverage!

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by COINS NEWS 80 Views

Hello everyone!

We are u/JoeCryptex and u/tommatz, the co-founders behind Cryptex Finance, a multi-network DeFi protocol that aims to make crypto-native markets tradable.

From 11am EST to 12pm EST today, we will host an AMA to answer your questions about Cryptex V2, our innovative decentralized perpetual markets platform. With V2, we're allowing users to trade crypto-native markets with up to 20x leverage, starting with TCAP / Total Crypto Market Cap and releasing more markets soon.

V2 went live to the public last week with $100,000 in incentives for the first 90 days, including $50,000 in our governance token, CTX, and $50,000 in Arbitrum’s governance token, ARB.

In the first week, it’s surpassed $1M+ in trading volume. You can view more data metrics about V2 on Dune https://dune.com/sashimiboi/cryptex-v2-dashboard/0ea5f798-0b01-4018-af34-f6820554fd93

Head over to Cryptex.Finance to try it out and fire your questions away! Cryptex Finance is not available in restricted jurisdictions, including the United States.

About Cryptex

Founded in April 2021, Cryptex Finance was created with the mission of leading the way for a more accessible, secure, and transparent financial future.

We started with the tokenization of TCAP, the world's first total crypto market cap token, and have since expanded our offerings with JPEGz, an NFT Blue-Chip Index token. We worked together with Chainlink to create highly accurate custom price oracles, and real-time market prices for the tokens we track, ensuring maximum precision in price determination through custom price oracles.

Now we're taking it a step further by introducing Cryptex V2, a groundbreaking decentralized perpetual markets platform that allows users to long or short crypto-native markets with up to 20x leverage!

This platform has been developed in collaboration with Perennial Labs, leveraging their on-chain decentralized leverage perpetual system, providing a safe, trustless trading environment. V2 is currently live on Arbitrum, providing users with low fees and quick transaction times, so try it out here, and let us know what you think!

Follow us on:

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Reddit

Proof: https://twitter.com/CryptexFinance/status/1666119073753595904

submitted by /u/tommatz
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