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.
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.
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.
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.
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