YFX.COM
ValidatedDeFi
Trading
YFX$0.02513-2.17% ↓
Decentralized Perpetual Exchange
- 648 Followers648 Followers
- 433 Likes433 Likes
About YFX.COM
YFX is a decentralized perpetual contract trading platform that offers low transaction fees and zero price impact trades allowing users to leverage up to 100x on their trades.
YFX.COM is a decentralized perpetual exchange that offers traders and liquidity providers the opportunity to engage in highly leveraged trading with up to 200x leverage. The platform's mission is to provide a comprehensive, efficient, and profitable trading experience by integrating advanced trading mechanisms and supporting multiple blockchain networks. YFX.COM stands out in the industry by offering innovative trading solutions and a decentralized governance model that empowers its community.
The exchange supports several blockchain networks, including Tron, Binance Smart Chain (BSC), Heco, and xDAI, ensuring broad accessibility and flexibility for its users. By leveraging these multiple networks, YFX.COM can provide faster transaction speeds, lower fees, and enhanced security for its users. The platform's emphasis on decentralization and community involvement ensures that users have a significant say in the platform's development and future direction.
YFX.COM aims to revolutionize the way traders and liquidity providers interact with decentralized exchanges, offering a robust and efficient trading environment that caters to the needs of both novice and experienced traders. With its high leverage options, innovative mechanisms, and community-driven approach, YFX Trading is poised to become a leading player in the decentralized finance (DeFi) space.
YFX.COM Magic Store Validation Score
See Results ››Validation Score
4.6Validation Date: -
- binodinibaral7894Yes
- nickpattinson67Yes
- xegnyedtYes
- onepushYes
- CopyPasteDiplomaYes
- FiJiYes
- gt002Yes
- qtzwbfepYes
- mcpyzlmuYes
- tapirrYes
- vunvxvvvYes
- yobdondbYes
- goggerYes
- rajonYes
- AlphaDiAlloYes
- xnsugfzrYes
- ogixnixzYes
- HeidiYes
- vyiuvamuYes
- idqdeqnwYes
YFX.COM Review Score by Real Users
- 31
- 23
- 4
- 0
- 0
YFX Token Price Chart (Real Time)
Token Statistics
- Market Cap-
- Volume$4,034.47
- Circulating Supply-
- Max Supply-
- FDMC$351,814
About Your Futures Exchange Token
The YFX token is integral to the YFX.COM ecosystem, providing various utilities and incentives for traders and liquidity providers on the platform. The token is designed to enhance the user experience and offer multiple ways to earn rewards. YFX tokens can be earned through trading, holding, adding liquidity, and participating in the referral program. This multifaceted approach ensures that users are continuously engaged and incentivized to contribute to the platform's liquidity and trading volume.
The primary purpose of the YFX token is to act as a reward mechanism for users who actively participate in the ecosystem. By distributing tokens as rewards, YFX.COM encourages users to trade more frequently and provide liquidity, which in turn increases the platform's overall trading volume and liquidity depth. This creates a more robust and efficient trading environment, benefiting all participants.
Additionally, the YFX token can be used for governance purposes, allowing token holders to vote on key decisions related to the platform's development and future direction. This decentralized governance model ensures that the community has a voice in shaping the platform, promoting transparency and user engagement.
Unique features of the YFX token include its integration with the platform's innovative LPB-AMM mechanism, which enhances liquidity provision based on liquidity provider balances. This mechanism ensures that liquidity providers are adequately rewarded for their contributions, promoting a stable and liquid market for traders.
The YFX token is listed on several prominent exchanges, including Uniswap, PancakeSwap, and other decentralized platforms. Users can easily trade and exchange YFX tokens on these platforms, providing liquidity and contributing to the token's overall utility and value within the YFX.COM ecosystem.
YFX.COM Magic Store Trust Score
- Audit Score
- 0No. Of. Audits
- MediumScore
- Security Validators Score
- 18.01.2024Validation Date
YFX.COM User Trust Reviews
YFX.COM FAQ
The PvPool trading mechanism on YFX Trading allows traders to utilize high leverage in a decentralized environment. This mechanism ensures increased capital efficiency and improved trading conditions, enabling users to maximize their potential profits while maintaining a decentralized approach to trading.
The LPB-AMM mechanism on YFX.COM enhances liquidity provision by adjusting rewards based on liquidity provider balances. This innovative approach ensures that liquidity providers are adequately rewarded for their contributions, promoting a stable and liquid market for traders.
Yes, YFX Trading supports MPC wallet functionality, allowing users to log in using their social media accounts. This feature offers a convenient and secure way to access the platform, utilizing advanced cryptographic techniques to ensure the security of user accounts and transactions.
YFX Trading uses ChainLink and Pyth oracles to provide real-time price feeds, ensuring transparent and fair pricing. This integration benefits traders by offering accurate and up-to-date market information, which is crucial for making informed trading decisions.
YFX.COM operates on multiple blockchain networks, including Tron, Binance Smart Chain (BSC), Heco, and xDAI. This multi-chain support provides users with a broad range of options for faster transactions, lower fees, and enhanced security, ensuring a flexible and efficient trading experience.
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