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An Overview of APX Finance: Will 1001x Leverage Help This $10B+ Perp DEX Come Out on Top?
Manage episode 394850202 series 3474370
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This story was originally published on HackerNoon at: https://hackernoon.com/an-overview-of-apx-finance-will-1001x-leverage-help-this-$10b-perp-dex-come-out-on-top.
Discover how APX Finance measures against other perp DEXs with 1001x leverage and ALP yield.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #crypto-derivatives, #perpetual-swaps, #apxfinance, #apx, #perpetual-dex, #on-chain-derivatives, #perpetual-trading, #blockchain-trends, and more.
This story was written by: @chasingdefi. Learn more about this writer by checking @chasingdefi's about page, and for more stories, please visit hackernoon.com.
The perpetual DEX wars are raging. Protocols fiercely compete to attract traders and liquidity providers (LPs) to their platforms. In the following article, we’ll analyze the APX Finance platform, one of the bigger perpetual trading platforms. We’ll determine if its standout feature — perpetual trading with an insanely high leverage of 1001x — is boon or bane in the current climate.
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