🔱Problem & Solution

Limitations of Traditional Trading

Lack of Transparency

• In many centralized exchanges, transaction records and liquidation processes are often opaque, making it difficult for traders to verify the fairness of the system.

High Barriers to Entry

• Orderbook-based futures trading typically requires a deeper understanding of advanced trading strategies and often favors institutional traders or large funds with significant capital.

Difficulty in Risk Diversification

• When liquidity is spread thinly across multiple assets or orderbooks, market stability can suffer, leading to higher price slippage and volatility.

How waveX Addresses These Challenges

Transparent On-Chain Trading

• Every step of opening or closing a position is executed via smart contracts, creating a fully verifiable record on the blockchain. This transparency reduces the risk of hidden fees or unfair liquidations.

WLP (Liquidity Pool) Structure

• Instead of matching orders through an orderbook, waveX relies on a shared liquidity pool where deposited assets facilitate both long and short positions.

• Lower Entry Barrier: You only need a small amount of assets to become a liquidity provider.

• Consolidated Liquidity: By pooling assets in one place, waveX can offer more stable trading conditions and reduced price slippage.

Regular Rewards Distribution

• Liquidity providers (LPs) earn some of various fees (e.g., open and close positions, swaps) as rewards, distributed weekly (typically on Wednesdays, subject to change).

• Here is the details for the reward: https://docs.wavex.fi/docs/reward