|Total Value Locked||24H|
|in ETH||36.3K ETH||+7.8%|
|in BTC||1.3K BTC||+17.7%|
|ETH Locked||36K ETH||+2.3K ETH|
|% Supply Locked||0.03%|
MCDEX is on a mission to make investing in perpetual contracts easier by building a secure and easy-to-use decentralized financial platform. The first product is a fully decentralized perpetual contract ETH-PERP with up to 10x leverage. Traders can long/short ETH with ETH, no need to hold any other cryptocurrencies. MCDEX’s Mai Protocol v2 utilizes an off-chain order book / on-chain AMM hybrid model. The AMM provides on-chain liquidity entrance for other smart contracts and the order book provides better liquidity to trade, with similar trading experiences on a centralized exchange. MCDEX has a -0.025% maker fee and 0.075% taker fees. MCDEX has been audited by OpenZeppelin and Consensys Diligence. MCDEX’s roadmap includes structured funds, enabling new strategies for inexperienced users, and a native MCB token (initial release expected in Q3 2020) is designed to align the protocol stakeholders, govern the protocol, capture value and fund user incentives like liquidity mining.