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What is Perpetual Protocol?

A decentralized exchange (DEX) operating on-chain provides highly efficient liquidity provisioning, with leverage options available for both makers and takers that can reach up to 10x. This platform ensures a top-notch trading experience that is open to all, utilizing the strengths of public blockchains and Layer 2 (L2) scaling solutions. Users benefit from fast transactions and minimal fees, facilitating instant trading via vAMM technology. There are no sign-up processes, no intermediaries to navigate, no waiting for counterparties, and no worries about fund security. The exchange allows for trading a diverse range of crypto assets while also planning to incorporate gold, fiat, and commodities in the future, as Perpetual Protocol aims to be all-encompassing. Built on the xDai network scaling solution, users are required to send Layer 2 commands to this network, utilizing either the Homestead or Rinkeby environments. Key interactions between Layer 1 and Layer 2 take place during the deposit of funds into Layer 2 and the withdrawal process back to Layer 1, while additional functionalities can be carried out directly on the Layer 2 (xDai network). Consequently, traders can enjoy a smooth and comprehensive trading platform that not only meets their needs but also continuously adapts and expands its services to keep pace with market demands. This evolution positions the DEX favorably within the rapidly changing landscape of digital assets.

What is Dexilon?

Dexilon distinguishes itself as the first decentralized exchange (DEX) utilizing a limit order book system, all while being built on its own native blockchain. The platform is governed by its users in a trustless and transparent manner, which guarantees equitable practices in its operations. By integrating funding rates with rebates, Dexilon effectively enhances arbitrage opportunities and overall market efficiency. This DEX is designed on a dedicated blockchain, permitting high transaction throughput while avoiding the risks of network congestion that often plague other exchanges. Users can effortlessly link their crypto wallets to secure funds within a smart contract, replicating the features typically found in conventional DEXs. Additionally, essential aspects such as liquidation mechanisms and minimum margin requirements are open source, allowing for verification by interested parties. Trading fees are fairly divided between market makers and takers, fostering a well-balanced trading environment. Accurate pricing is maintained through price oracles that deliver real-time asset information, crucial for creating the foundational index. Users enjoy seamless wallet connectivity, with Dexilon fully compatible with both MetaMask and Binance Wallet. The process of depositing funds is user-friendly, requiring only a signed transaction, and supports widely-used stablecoins like USDT and USDC. This revolutionary model positions Dexilon as a trailblazer in the dynamic realm of decentralized finance, paving the way for future innovations in the space. As more users engage with its features, Dexilon is likely to shape the future of trading in decentralized ecosystems.

Media

Media

Integrations Supported

MetaMask
Binance Web3 Wallet
Ethereum
Ledger
Trezor

Integrations Supported

MetaMask
Binance Web3 Wallet
Ethereum
Ledger
Trezor

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Perpetual Protocol

Date Founded

2019

Company Website

perp.com

Company Facts

Organization Name

Dexilon

Date Founded

2021

Company Location

Ukraine

Company Website

dexilon.io

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