Built on the Function X MarginX chain, MarginX is a decentralized trading platform where users can trade stock-based perpetual contracts around the clock using these bridged stablecoins. Everything is decentralized, even the listing of new assets for trading, which will gradually open to the community via governance voting.
Please note that f(x)Variable is a code name at this moment and in Alpha testing stage. The name will be changed after it goes to the final release.
Everything is processed on-chain including modifying and canceling orders, offering a non-custodial, permissionless and most transparent experience for trading perpetual future contracts 24/7 hours.
LOW GAS FEE
Make each transaction at a fixed gas fee as low as 0.0003 FX
Leveraging our framework, traders are guaranteed to have some best price execution around.
SAFE AND EFFICIENT
Provide a throughput at 1,000 transactions per second while traders are unlikely to experience the downtime seen on CEXs during periods of high volatility.