About us
FRX is a community-driven decentralized platform with a unique protocol, designed without reliance on venture capital funds, private investors, or anyone buying the tokens in the early stage. We emphasize clear PVP and fair pricing. Our focus is on creating innovative decentralized products within the Web3 space. FRX stands out by sharing commission fees with our users and token holders, emphasizing a collaborative and equitable approach. Our impact will decide the amount of profits and tokens you would be able to generate.
Our project will start its journey from futures trading and will develop as a platform containing all-around decentralized solutions for many other financial products like options, perpetuals, spot, and other tradable markets across multiple blockchains like TON, Solana, Starknet, and EVMs. We will also build applications not only for desktop trading but also for mobile using Telegram, providing one-stop access to united and decentralized liquidity right from your phone.
Our team believes in a bright Web3 future and aims to conquer as many decentralized markets as possible. Fair Ex will strive to become as close to its users as possible, fulfilling all needs and being as transparent and clear as a DEX protocol could be.
At the heart of FRX is our dedication to futures trading, featuring a platform that offers low transaction fees and minimal price impact. This user-centric approach to trading is powered by our diverse multi-asset pools, which provide liquidity providers with opportunities to earn through market making, swap fees, and futures trading activities.
Our dynamic pricing strategy is anchored in the use of Chainlink Oracles, ensuring reliable and real-time data. This allows us to aggregate prices from leading volume exchanges, providing our users with access to the most up-to-date and fair market rates. This commitment to sophisticated and transparent pricing mechanisms is a testament to our goal of delivering an efficient and transparent trading experience to all members of the FRX community.
FRX Trading Platform
FRX is a non-custodial trading platform that delivers limitless cross-margined perpetual contracts to its metacommunity under a new social trading framework. It is primed to deliver limitless access to the perpetual swaps market with its liquidity pools model, as it remains committed to the promises of not just speed and efficiency, but also security with transparency on traders' assets.
With the integration of Arbitrum and Avalanche networks, FRX offers cross-margined perpetual contracts with multi-chain support, low fees, deep liquidity, and maximum security.
Why EVM compilable chains and not ETH?
Our goal is to be as close as possible to CEX trading in terms of fees and transaction costs. We are planning to launch our own EVM rollup in late 2024, so in that part, it will be much easier to migrate from current layer 2 solutions. Also, we aim to become a cross-blockchain platform with liquidity all over different chains. This strategy can bring more audience and be more diverse, preventing risks of gas strikes, some blockchain problems, and maintaining uptime to nearly 100% of the time.
Why do we use liquidity pools?
FRX offers an optimal combination of security and transparency one would usually see in a decentralized exchange (DEX), and the speed and usability users are used to seeing on centralized exchanges (CEXs). The liquidity pool model helps bridge the gap between buying and selling orders and prevents a lack of orders in the order book. This system will allow us to minimize the spread and slippage for placing orders on main trading assets like BTC, ETH, SOL, and some others and bring a stable amount of available liquidity for growing protocols.
The core value for us is still security and community trust, so we plan to launch the most liquid and tested-out pairs first and then bring more volatile tokens.
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