aiPX Brings Decentralized Perpetual Contracts on Flare Network | Bitcoinist.com
Flare Network, a layer-1 blockchain for data platform, partners with non-custodial decentralized exchange aiPX to launch a perpetual DEX on its blockchain....
- Flare Network has partnered with non-custodial decentralized exchange aiPX to launch a perpetual DEX on its blockchain.
- The partnership aims to bring a non-custodial perpetual exchange to Flare, offering users a cutting-edge trading solution for decentralized perpetuals.
- The initial liquidity pools on the exchange will include wrapped tokens such as WUSDC, WFLR, and WUSDT.
- Flare will provide real-time price feeds for collateral calculations and liquidation thresholds via its Flare Time Series Oracle (FTSO).
- The new perpetual DEX will also offer high-leverage trading, token swaps, staking services, and a decentralized governance system.
- aiPX is a trading solution focusing on risk management and innovative liquidity solutions, offering decentralized perpetual contracts and planning to launch other financial products in the future.
- The partnership with Flare highlights the importance of decentralization and innovative data solutions.
- The newly-launched exchange will add more liquidity pairs and tokens as new bridging models are launched on the Flare network.
- This partnership follows the recent launch of auto-claiming rewards on Flare.
The article highlights a positive partnership between Flare Network and aiPX, aiming to bring a cutting-edge trading solution for decentralized perpetuals. The partnership is seen as a welcome addition to the growing Flare DeFi ecosystem, with both teams committed to decentralization and innovative solutions.