🚀Key Features of waveX

Liquidity Pool (WLP) Architecture

• Unlike orderbook-based Perp DEXs, waveX uses a single liquidity pool (WLP).

• Users deposit assets into the WLP, becoming liquidity providers (LPs) and earning a portion of the protocol’s fee revenue from opening and closing fees, borrowing fees, and swap fees.

• No need for complex orderbook strategies—deposit your assets, and waveX handles the rest.

Transparent & Secure On-Chain Transactions

• All actions—position opening, closing, and fee distribution—are performed via on-chain transactions, making the system fully verifiable.

• Pyth and Chainlink oracles are integrated to provide reliable market data and reduce the risk of price manipulation.

User-Friendly UI/UX

• The interface is designed to simplify perpetual trading, so even newcomers can open positions or provide liquidity without difficulty.

• Core actions like opening positions, swapping tokens, and depositing liquidity are intuitive and require minimal steps.

Built on the Soneium Mainnet

• Soneium Mainnet offers fast block times and relatively low gas fees, ensuring a smooth user experience.

• As the Soneium ecosystem grows, waveX may integrate additional DApps and expand its trading options and features.