I always keep this idea in mind when conducting research and I like to bet on projects that have a good chance of capturing 1% of the market. 1 trillion dollars instead of 50% of the market of 100 million dollars.
And today I think I have found a gem, which I am happy to share with you: Metavault.Trade, a new type of Decentralized Exchange (DEX) that can take a small percentage of the market where trillions of dollars of cryptocurrencies are traded every month.
Metavault.Trade — Decentralized Trading of Perpetual Futures
Before going into detail why I think Metavault.Trade is a good project, I want to explain the vertical it is part of: "Decentralized Perp Trading". You can skip this part if you already know all about it!
Decentralized Trading
I guess all my readers know what centralized trading is. This is the act of buying/selling assets on a central exchange (CEX) like Binance, KuCoin or Coinbase. These platforms have advantages and disadvantages: they can offer low transaction fees and allow more flexibility through APIs and bots. But they also want to take KYC to another level - that's fine in principle, until they get hacked and your personal information is exposed to imaginary bad guys. . The worst case scenario is that they get hacked and you lose everything you have on their platform. "Not your key, not your password!" As said.
Decentralized applications (dApps) solve some of these problems by moving transactions to blockchains like Ethereum and providing a decentralized transaction solution. Uniswap is probably the most famous Decentralized Exchange (DEX). No KYC required and you can use it from anywhere in the world. But fees on Ethereum can be 10 to 100 times higher than fees for similar transactions on CEX, especially for those with smaller position sizes. Expensive! Metavault.Trade is a new generation DEX that offers many innovations and very low fees.
Futures contracts
When people start trading, they usually start with "spot trading," which involves buying and selling assets directly in the market. But there is also a more complex instrument called a futures contract, or "futures contract" for short:
A futures contract is an agreement to buy or sell a commodity, currency, or other instrument at a specified price at a specified time in the future.
Unlike the traditional spot market, in the futures market, transactions are not "settled" immediately. Instead, both parties will enter into a contract, stipulating the payment at a future date. In addition, the futures market does not allow users to buy or sell digital goods or assets directly. Instead, they are commercial contracts that represent those things, and the purchase and sale of real assets (or cash) will happen in the future - when the contract is used [reference].
These contracts are created so that one can hedge against market changes, but futures trading also offers more possibilities than spot trading:
Traders are able to “take short cuts”: they can bet on assets without owning any assets.
Traders can use leverage: they can enter positions for many of their balances. But in doing so, they run the risk of losing their entire balance when the market moves in the wrong direction, even a little. Using high leverage (10x, 20x… 100x!) with large positions is very dangerous and should absolutely be avoided if you are not a seasoned trader!
Token Information
MVX token address: 0x2760E46d9BB43dafCbEcaad1F64b93207f9f0eD7
After staking MVX, you will receive staked MVX:
MVX staked token address: 0xaCEC858f6397Dd227dD4ed5bE91A5BB180b8c430
Summary
Metavault.trade is probably the best solution I have seen in years. Therefore, if you have the desire and ability, you can effectively become a part of the project, the token is the server of IDO and will continue to this day.
But for more details about the project, I invite you to see the next part of the article where you will find all the official social links to the project. With your help, you can not only add information about the features I have talked about, but also understand all the details and nuances. I hope this article was useful to you. If so, write about it in the comments.
Website : https://metavault.trade/
Twitter : https://twitter.com/MetavaultTRADE/
Telegram : https://twitter.com/MetavaultTRADE/
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