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).
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