“Hello World”, BLEX
We will continuously share our research and event announcements through this account and other social media platforms, such as our Twitter page @Blex.io.
Background:
With the development of the Crypto Market and team’s long-term passion for trading, BLEX was offcially hatched by our labs in Feb, 2023.
Labs is composed of a team with rich experience in various trades, operations, and R&D, that comes from well-known finance and internet companies.
Labs intends to offer Crypto uesrs a suite of products, including an enhanced trading experience tool, a new liquidity provider product aimed at reshaping the liquidity landscape, and a range of composable DeFi products to be launched in the near future.
Our team has a proven track record of strong operational abilities, and we aim to gradually transition towards community-driven decision-making and decentralization.
Furthermore, in the capital markets, we aim to minimize external fundraising to ensure that early investors do not bring more risks to the project development.
About BLEX
BLEX is our first DeFi product.
BLEX is an Index Price-feed based and Decentralized Perpetual Exchange.It ’s born to enable users to deploy trading strategies without permission on the basis of controlling their assets or funds, and achieving low loss, high efficiency trading.
At the same time, it also reduces losses from redundant games among users, and builds a decentralized and basic trading network where all users can focus on their respective fields.
Why Derivative DEX?
What is the significance of derivatives in financial transactions?
In the financial markets, derivatives refer to financial products that are based on existing assets or benchmarks and whose value derives from another financial asset. The significance of derivatives lies in their ability to allow investors to benefit from the price changes of an asset without actually holding it. The derivatives market offers investors a variety of trading options, as well as a balance between risk and return.
Crypto derivatives refer to derivatives based on digital currency assets, whose price changes are derived from the crypto market price changes.
The significance of crypto derivatives lies in their ability to allow investors to trade based on the volatility of the digital currency market, which is known for its significant price fluctuations, and to provide greater flexibility and better risk control in uncertain market conditions. This makes crypto derivatives even more important as they offer a way for investors to manage and profit from the heightened market volatility.
- Amplify your profits in favorable market conditions
- Hedging against adverse market conditions
What are the benefits of perpetual in derivatives?
In the derivatives market, perpetual are a better choice for investors. Perpetual contracts have no expiration date, allowing investors to better reflect their investment strategy and market expectations.
Additionally, due to the leverage effect of perpetual contracts, investors can conduct larger-scale trades without having sufficient capital. Perpetual contract prices are closer to the underlying asset price, allowing investors to better use perpetual to trade based on the price changes of the underlying asset.
In summary, crypto derivatives and perpetual in the derivatives market provide investors with more trading opportunities and risk management tools, but also require investors to have sufficient knowledge and risk control awareness.
Why Decentralized Trading is Crucial in Derivatives Trading
The significance of decentralized trading lies in its ability to provide a more secure and transparent trading environment for participants. Decentralized trading eliminates the need for intermediaries such as banks or brokers that can be vulnerable to cyber attacks, fraud, and manipulation. Additionally, it allows participants to trade directly with one another, reducing transaction fees and improving efficiency.
Furthermore, decentralized trading can lead to more equitable market access and participation by removing barriers to entry such as geography, identity, and creditworthiness. This can help promote financial inclusion and democratize access to trading and investment opportunities, particularly for third-world countries.
Our Roadmap
Here is our roadmap blow:
We underwent a rebranding process in May, which included changing our brand’s logo, project name, and other details.
As part of this process, we will continually enhance the trading experience and security of our product, and offer trading plugins such as Quant and Social Trading, built on top of BLEX.
In terms of liquidity, our Lab’s goal is to rank among the Top 5 in the DeFiLlama Derivative DEX TVL Ranking to support project development.
More intro about BLEX and our Labs:
Our Whitepaper: https://blex.gitbook.io/blex/
Our Website: http://www.blex.io/
Our Twitter: https://twitter.com/Blex_io
For any business interaction, please contact: business@blex.io
