- Decentralized exchange on the Polygon chain offers users 50X leverage with more security.
- DPEX ensures provides more security and transparency by eliminating the middleman.
- Smart contracts on DPEX have been audited by Zokyo and CertiK.
DPEX, a decentralized perpetual exchange on the Polygon blockchain stated that it offers its users the ability to trade Bitcoin, Ethereum, and other digital currencies with up to 50X leverage from the comfort of their web3 wallet.
Furthermore, the company stated that it differentiates itself from other centralized exchanges by leveraging the security and convenience of web3 wallets. Elaborating more on how the preceding is done, DPEX stated:
By eliminating the need for a middleman, DPEX ensures that traders have complete control over their funds, making it a more secure and transparent platform.
Additionally, the company stated that the ability to trade with up to 50X leverage from the user web3 wallet offers an unprecedented level of flexibility for traders, allowing the trader to maximize profits while minimizing their risk. The platform’s use of the fast Polygon chain and low gas fees also make it a more efficient and cost-effective platform for traders, stated DPEX.
Casting its attention to the recent bankruptcy of FTX, a centralized exchange, DPEX pointed out that these exploits have paved the way for the entrance of decentralization into the crypto market. Moreover, DPEX strongly inculcated in the community that its platform was built with features needed to enhance security and transparency when trading.
In particular, the exchange stated:
DPEX’s smart contracts have been audited by Zokyo and CertiK, ensuring that the platform is secure and trustworthy. Trades are executed through these audited smart contracts, providing an additional layer of security for users.
The company stated it is at the forefront of setting the standard “by leveraging the power of audited smart contracts and the efficiency of the fast Polygon chain,” in a context where traders look for more secure and transparent trading.
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