Adopting an "off-chain transaction matching + on-chain fund settlement and custody" model, APX V1 Order Book Perp achieves high transaction performance and fast response speeds while ensuring the safety of users’ funds. Trade over 95 markets with up to 250x leverage and enjoy competitive fees of 0.02% maker, 0.07% taker.
Users connect their decentralized wallets to the exchange before signing and verifying the connection through a Web3 interface. They can then transfer (ERC-20/BEP-20) tokens into the smart contract for fund custody and settlement. Once the off-chain ledger is recorded, users can use the funds to trade derivatives off-chain and the PnL will be accounted for in the ledger. After settlement, users can withdraw the funds by calling the smart contract (except for the margin occupied by open positions and pending orders).
Utilizing a fully on-chain liquidity model, APX V2 On-Chain Perp achieves more transparent trades with minimal slippage. All V2 trades are executed against the ALP pool, which provides liquidity for all trading pairs to maximize capital efficiency. V2 employs a dual oracle model consisting of Binance Oracle and Chainlink for the most accurate pricing.
Under Classic Mode, trade over 30 crypto and forex markets with up to 250x leverage and low fees while earning trading rewards. Trade with up to 1001x leverage, 0 slippage and 0 open fee specially under Degen Mode. For price prediction time-bound bets, trade in APX Dumb Mode with 60s/5min/10min expiry.
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
