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Author: Admin | 2025-04-28
Different contract types. Some examples of these contracts include BTC/USDT, ETH/USDT, SOL/USDT, and many others.ApolloX soars as the ultimate decentralized crypto derivatives destination on the Binance Smart Chain. From its inception in 2021, it has been a beacon for traders seeking a stable, reliable, and robust trading environment. Its deep liquidity and market depth for perpetual futures trading are second to none. The platform also offers a business-to-business trading solution, the ApolloX DEX Engine, which empowers broker partners to earn commission on transaction fees. In 2022, ApolloX took decentralization to new heights by announcing its transition to a decentralized autonomous organization (DAO) structure, solidifying its position as a leader in the decentralized trading space.Pros and Cons of ApolloX dEXProsConsFaster and cheaper tradesLimited trading pairsUser-friendly interfaceLess liquidity compared to centralized exchangesBuilt-in walletorder matching issuesMobile appToken-based referral system9. Perpetual ProtocolDEX Trading Fees: 0.10% maker and taker feeSupports Future trading of Bitcoin, Ether, BNB, Cosmos, Avalanche, Cardano, etc.Perpetual Protocol is a game-changing decentralized exchange (DEX) that empowers traders to delve into the realm of perpetual futures. The platform was first unveiled on the Ethereum scaling solution xDai and has since undergone an evolution with the launch of V2 on the Ethereum layer-2 (L2) scaling solution Optimism.Traders on Perpetual Protocol have the opportunity to navigate a plethora of assets with leverage up to 10X and take both long and short positions. The platform operates on a non-custodial basis, which means traders retain possession of their assets and can execute trades directly from their wallets. This added security and autonomy provide a smooth and hassle-free trading experience for all users. Perpetual Protocol is an innovative trading arena that offers an unprecedented level of control and freedom to traders.Pros and Cons of Perpetual ProtocolProsConsDecentralized perpetual futures tradingLimited blockchain compatibilityLeverage and short/long positionsNot suitable for all types
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