📈Perps

🚀Welcome to XDOGE Decentralized Perpetual Exchange!

The surge of Automated Market Makers (AMMs) in the spot market, exemplified by Uniswap, has significantly propelled the growth of decentralized finance (DeFi). Despite the considerably larger trading volumes in centralized exchanges for perpetual contracts compared to spot markets, there has not been a corresponding upswing in the adoption of AMMs for perpetuals.

We attribute this phenomenon to the inherent disparities between the perpetual contract market and the spot market. Merely applying the current "Constant Function Market Maker (CFMM)" mechanism from the spot market to perpetual contracts reveals inherent flaws in the mechanism.

In response to this, we propose a novel AMM model centered around the liquidity pool balance rate. This model effectively fulfills the price discovery function for perpetual contracts, simultaneously generating abundant market-making opportunities for liquidity providers (LPs). LPs, by shouldering the risk of temporary imbalances in the liquidity pool, can partake in the platform's trading fee income. We term this innovative mechanism the LP Market Maker (LPMM).

🔥XDOGE is an avant-garde decentralized trading platform committed to offering boundless innovation and diversity to traders worldwide. Whether you're a cryptocurrency enthusiast, a follower of commodities, a forex market explorer, or an adventurer seeking innovative trading methods, XDOGE is your ultimate choice.

Diverse Asset Support: XDOGE provides an extensive range of asset categories where you can effortlessly trade cryptocurrencies, commodities, forex, stocks, and indices. This means access to various markets on one platform, allowing you to build a diversified investment portfolio to meet market challenges.

Up to 150x Leverage: At XDOGE, you can utilize leverage of up to 150x to amplify your investments. Whether you're engaging in short-term trading or long-term investing, leverage tools offer flexible support tailored to your strategy needs.

Trustless, Fully Decentralized: Our platform is built on blockchain technology, and decentralization is at our core. Your funds are entirely safeguarded by the blockchain, eliminating the need to trust third-party intermediaries.

Community-Driven Ecosystem: XDOGE is more than just a trading platform; it's a vibrant community. We encourage users to participate in community governance, share trading strategies, and connect with other traders. Our ecosystem is shaped by you!

Seamless User Experience: Our platform is designed to be simple and intuitive, catering to traders of all levels. Whether you're a novice or a professional, we have the tools and resources you need to engage with the market more effectively.

Embark on Your Adventure: Join XDOGE, explore new trading opportunities, enjoy the freedom and security of decentralized trading, and become a trader-adventurer of the new era.

XDOGE - Unleash New Trading Adventures, Unleashed!