Metis CEG Program: zkDX

zkDX is a decentralized derivatives exchange of liquidity mode built on L2 networks, which supports the trading of crypto perpetual futures, foreign currency, stocks, and various innovative financial derivatives. With a range of cutting-edge and innovative features, zkDX offers superior security, exceptional liquidity, low transaction fees, and a wide selection of leveraged trading products.

In the meantime, zkDX integrates LayerZero technology to build an Omnichain Aggregator of derivative trading, to concentrate the liquidity from different L2 networks to form predominant liquidity, and provides seamless trading experience for users regardless of which network their assets are on.

The vision of zkDX is to become the main derivatives exchange within the industry, providing the most real and impressive value capture, and generating sustainable revenue through market actions.

Core Features And Advantages: Risk grading: Classifying liquidity pool based on the risk evaluation of the trading assets. Trading assets of different risk grading correspond to LPs with different risk grading to serve as their counterparts in trading. • Mitigates the risk of liquidity pools due to different trading assets • Provides users with various risk preferences

Hedging and Insurance mechanism: Provide external hedging and insurance mechanisms for traders and LPs • Mitigate the risks for traders and liquidity providers, enhance the safety of their funds, ensure the sustainability of trading activities, and protect them during extreme market conditions.

Omnichain Aggregator: Enable seamless trading and liquidity circulation cross various L2/L1 networks based on the Omnichain technology of LayerZero. • Empowers users with seamless trading capabilities on various L2/L1 networks • Accumulates liquidity from various L2/L1 networks to build a deepest liquidity pool. This leads to optimal trading depth and captures the value across the entire network.

Hybrid oracle: A price feed mechanism that combines multiple mainstream oracles and optimizes price volatility buffering. • Maximizes the possibility of avoiding oracle attacks

Tokenomics: Fair, fun, and user-centric, with benefits given to the users. • A token distribution mechanism that embodies the spirit of Fair-Launch. • Tokenomics that integrate decentralized governance, PoW - where more tokens are obtained based on various contribution, and PoS - where more tokens are obtained by various staking methods, incorporating the respective spirits and advantages of each. • User-oriented mode of value capture allocates majority of profits to traders and LPs

How Metis benefits: User: Provide excellent derivative trading services for Metis community users Asset: Create derivative trading pairs for assets of Metis and its ecosystem TVL: Create higher TVL for Metis DeFi ecosystem Ecosystem: Collaborating with Metis DeFi projects to create a more prosperous Metis ecosystem

Documentation Docs

Website zkdx

Social Media Linktree

Secure We have chosen Zokyo as our security partner, and the audit report will be released before the official launch of derivative trading on Metis. Before that, zkDX will only enable trading in tUSDT mode. tUSDC is a test token that users can obtain for free, allowing them to experience zkDX with only gas fees and without any risk of loss.