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(updated January 21, 2025)

waveX is a Perpetual DEX (decentralized exchange for perpetual futures) built on the Soneium Mainnet. It seeks to overcome the typical centralization issues and high barriers to entry found in traditional derivatives exchanges. By adopting a Liquidity Pool (WLP) model, waveX allows anyone to provide liquidity and earn fees, regardless of their asset size or technical expertise.

• Officially launched alongside Soneium Mainnet on January 14, 2025

• Recognized as the Perp DEX Winner in the Soneium Spark Incubation Program

• Designed with an intuitive UI/UX, making it easy for beginners to start trading perpetual futures

• Employs a dual oracle system using Pyth and Chainlink, ensuring stable and accurate price feeds

Mission & Vision

Maximize Transparency

• All trading and position data are recorded on-chain, allowing anyone to verify and audit the information.

Open Finance for Everyone

• Even without large amounts of capital or advanced trading knowledge, users can earn a share of protocol fees by providing liquidity to the WLP.

Pursue Scalability

• Continual collaboration with the Soneium ecosystem to integrate more assets and features over time.