My friends at
@FX100Perp have finally launched their testnet, now available to everyone @
I've talked about it a couple of times before but this is truly new and novel tech. For those unfamilar, FX100 is a perp DEX, built on
@base, offering up to 100X leverage across some of your favorite pairs. Unlike your other favorite perp dex's, however, FX100 offers something nobody else does - 15 minute liquidation protection, built straight into the protocol.
What does this mean? It means that during the first 15 minutes of any trades you place, the position cannot be forcibly liquidated. This is very good for volatile, time-sensitive trades around earnings, breaking news, announcements, and major market events.
They have gone mostly under the radar so far... but under the radar no more. Definitely worth testing for anyone that is actively trading perps.
Check it out here >