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MCDEX

MCDEX

Decentralized exchange for perpetuals

1.0
•1 review•

2 followers

Decentralized exchange for perpetuals

1.0
•1 review•

2 followers

Visit website
MCDEX is a decentralized derivatives exchange. Our main product currently available on the MCDEX platform is our fully Decentralized Perpetual Contract on Ethereum (ETH-PERP). MCDEX was founded by Liu Jie, the former architect of Baidu.
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Company Info
mcdex.io
MCDEX Info
Launched in 2020View 1 launch
Forum
p/mcdex
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Launch tags:
Fintech•Investing•Tech
Launch Team
Jean Miao

What do you think? …

Jean Miao
Jean Miao
MCDEX

MCDEX

Maker
Since its inception, perpetual contracts have become one of the most popular ways of trading cryptocurrencies, attaining trading volumes more than twice as that of the spot market. However, the current centralized approach lacks transparency. A decentralized approach will provide a trustless and transparent way to trade perpetual contracts. We are thrilled to officially launch the first decentralized ETH perpetual contract today. The most unique and innovative part about our ETH-PERP contract is the introduction of the AMM (Automated Market Maker), which generates the funding rate, provides on-chain liquidity, and ensures complete decentralization. Here are some specifications for our perpetual contract: Trading pair: ETH-PERP Leverage: up to 10x Transaction fee: Maker = -0.025%, Taker = 0.075% Funding rate: up to 0.4% Initial Margin: 10% Maintenance Margin: 7.5% To ensure MCDEX becomes a truly DeFi platform, both the software and the governance should be fully decentralized. In order to better implement decentralized governance, we plan to issue a platform token — the MCB. Our fund product, MCFund, is built for investors lacking the knowledge to trade perpetual contracts; MCFund simplifies the process by enabling users to invest by depositing their assets in the fund. Bots and social traders will act as fund managers by providing trading strategies.
Report
5yr ago
ETHtopia
ETHtopia
Stumbled upon this GEM today. Man dat super sleek & fast UI on Ethereum!
Report
5yr ago
Jean Miao
Jean Miao
MCDEX

MCDEX

Maker
@ethutopia Thanks! We are continuously working on it. Stay tuned!
Report
5yr ago
DAOnautics
DAOnautics
Exciting development in the #defi world!
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5yr ago
Jean Miao
Jean Miao
MCDEX

MCDEX

Maker
@daonautics Proud to be part of #DeFi!
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5yr ago
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Do you use MCDEX?

1.0
Based on 1 review
Review MCDEX?
Reviews
Helpful
Chaz Frandsen
Chaz Frandsen
•3 reviews
The number of scams is skyrocketing by the day and many people keep falling victim. We can all fall victim to their elaborate and well planned scheme so victims shouldn't be shy to speak out. If you could file an email complain to - support @ reversalpro (.) com, you have your best shot at full recoup and restoring your peace of mind.
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2yr ago