Traditional decentralized perpetual contract trading platforms encounter several pain points that hinder user experience and limit their effectiveness, such as high slippage, liquidity constraints, and complex user interfaces.

L7DEX, an innovative decentralized perpetual contract trading platform, introduces groundbreaking solutions to enhance the DeFi landscape.

What is L7DEX?

Source: L7DEX website

L7DEX is a Web3-based decentralized perpetual contract trading platform that enhances trading experience while reducing transaction costs. L7DEX introduces a “peer-to-peer” and PvP-AMM (Peer-to-Peer Automated Market Maker) protocol which allows direct order execution between traders, unlike traditional AMMs, where trades occur against a liquidity pool. This reduces slippage, ensures stable prices, and enhances efficiency.

Unique Features and Product Advantages of L7DEX

L7DEX’s platform offers several compelling features:

1. Faster Trading Speed: By utilizing the lightning speed of the Binance Smart Chain (BSC), L7DEX processes transactions with second-level confirmation and settlement. This enables traders to experience swift execution, enhancing their overall trading experience.

2. Lower Transaction Costs: L7DEX significantly reduces transaction fees. This enables users to pay minimal network fees without additional platform or LP charges.

3. Expanded Trading Pairs: L7DEX supports a wide range of asset exchanges, this gives traders access to various trading pairs to meet their diverse needs.

4. Enhanced Privacy Protection: All transactions occur on-chain, eliminating the need to trust third parties. The Peer-to-peer mode of transactions ensures better privacy and security.

5. Greater Influence and Interoperability: L7DEX leverages the well-developed BSC ecosystem, achieving interoperability with more assets and protocols while expanding its coverage and influence.

6. Higher Transparency through Decentralized Governance: L7DEX employs decentralized governance mechanisms for voting, decision-making, and fund management. This transparency fosters a democratic environment.

The PvP-AMM Paradigm Shift

PvP-AMM (Peer-to-Peer Automated Market Maker) combines the efficiency of order books (like centralized exchanges) and the liquidity benefits of automated market makers (AMMs), making it superior to traditional AMMs. In traditional AMMs, trades occur against a liquidity pool, resulting in slippage. PvP-AMM allows direct order execution between traders where buyers and sellers interact directly, thereby reducing slippage and ensuring fair prices.

PvP-AMM minimizes price impact during trades by enabling traders to execute orders at more favorable prices, especially for large transactions. LP tokens play a crucial role in PvP-AMM. LPs provide liquidity by staking assets; their tokens represent their share in the pool. This liquidity ensures smooth trading without drastic price fluctuations.

Features of the PvP-AMM Model

1. Pure Alpha Trading: PvP-AMM is less influenced by overall market conditions, allowing traders to operate independently. Unlike traditional AMMs, which rely heavily on liquidity providers (LPs), PvP-AMM enables self-directed trading.

2. Solving One-Sided Markets: PvP-AMM addresses the issue of one-sided markets. Allowing direct order execution between traders ensures balanced participation from both sides (long and short).

3. Arbitrage Opportunities for APIs and SmartMoney: The PvP-AMM protocol creates arbitrage opportunities that APIs (automated trading bots) and SmartMoney (informed traders) can take advantage of. These opportunities attract new minority-side orders and balance the long-short ratio.

How the PvP-AMM Model Works

PvP-AMM relies on an index price derived from sources like ChainLink and multiple centralized exchanges (CEXs). This index price determines the profit and loss percentage for trade orders.

When executing trades, PvP-AMM ensures a fixed quantity payment based on the calculated profit and loss percentage. This rigid approach minimizes slippage and maintains fairness.

L7DEX Product Offerings

L7CEX (Centralized Exchange)

L7CEX is an integrated centralized exchange within the L7DEX ecosystem. L7CEX allows seamless conversion between fiat currencies (USD, EUR, or JPY) and cryptocurrencies. Users can easily deposit or withdraw funds using traditional payment methods.

Also, traders can engage in spot and derivative trading on L7CEX. They can buy and sell various cryptocurrencies at real-time market prices or apply leverage to increase their earning potential.

DEX (Decentralized Exchange)

Source: L7DEX website

L7DEX’s decentralized exchange provides a user-centric trading experience. Unlike centralized exchanges, where users relinquish control over their private keys, L7DEX’s DEX ensures self-custody. Traders can retain ownership of their assets, enhancing security and privacy. L7DEX prioritizes security through decentralized architecture. Users can trade directly from their wallets, reducing the risk of hacks or exchange failures.

NFT Marketplace

Source: L7DEX website

L7DEX’s NFT marketplace caters to the growing interest in non-fungible tokens. On L7DEX’s NFT marketplace users can create, mint, and trade unique digital assets. Also, artists, collectors, and creators can showcase their NFTs and engage with the community.

Additionally, users can explore a wide range of NFTs, including digital art, music, virtual real estate, and more.

Crypto Card

Source: L7DEX website

L7DEX crypto card bridges the gap between digital and real-world spending with the integration of Crypto Debit Cards. With the debit card, users can spend crypto seamlessly at physical stores, online retailers, and ATMs.

L7DEX crypto card allows users to spend their cryptocurrency just like cash, as you wish, wherever you are. The L7 card is accepted worldwide. To use the L7DEX crypto card, create an account on the platform, obtain your L7 virtual card, and top up with a choice of over ten cryptocurrencies.

Users can also monitor their transactions and balances through the L7 dashboard.

L7 Labs

L7 Labs was established by the core team of investment researchers from the Web3 digital asset management platform, L7. Their primary aim is to assist high-quality Web3 start-up projects in achieving better development during their early stages. L7 Labs offers support services, including strategic financial backing and global traffic exposure, to help these start-ups thrive.

By providing these resources, L7 Labs is dedicated to fostering the growth of promising projects and contributing to the overall development and prosperity of the Web3 industry. Their commitment is to ensure that more innovative and valuable projects can succeed, thereby enhancing the entire ecosystem.

L7Dex Earn

Source: L7DEX website

L7Dex Earn offers passive income opportunities such as

• FARM: Users can participate in yield farming by providing liquidity to multiple crypto earn pools. Users can earn rewards in $LSD tokens based on their staked assets.
• 7 Pool: Staking $LSD tokens in the 7 Pool allows users to earn rewards on a single crypto earn pool. The longer the staking period, the higher the potential returns.

L7DEX Risk Control Mechanism

Risk Monitoring

L7DEX continuously monitors various risk factors to prevent adverse outcomes. Real-time monitoring of asset prices ensures timely risk assessment and if prices deviate significantly, risk management protocols are triggered.

L7DEX also tracks liquidity pool balances and LP participation. Insufficient liquidity can lead to slippage or liquidations.

Risk Identification

L7DEX identifies potential risks through data analysis and scenario modeling. Assessing traders’ open positions helps identify overleveraged or risky positions as high leverage increases liquidation risk. L7DEX considers historical volatility, market conditions and extreme volatility triggers risk alerts.

Risk Assessment and Response

L7DEX implements risk management strategies based on identified risks. If a trader’s position approaches liquidation, L7DEX automatically closes it. This prevents further losses and maintains system stability. L7DEX sets minimum margin requirements for leveraged positions and traders must maintain sufficient collateral to avoid liquidation.

L7DEX Tokenomics

$LSD serves as the native token of the L7DEX platform with a total supply of 210,000,000 LSD tokens. Here is the token allocation breakdown;

• Liquidity Mining: 80%, released according to project development, TGE no unlock, based on block rewards, halved every six months
• Team: 10%, TGE locked for 2 years, then released over 3 years
• Airdrop: 5%, TGE unlocks 1%, the rest released over 3 years
• Operations: 5%, TGE unlocks 1%, the rest released over 3 years

$LSD Utility

$LSD serves as the native utility token within the L7DEX ecosystem. Traders can use it for trading fees, staking, and governance participation.

• Staking Rewards: Users can stake $LSD tokens to earn rewards. Staking provides passive income and encourages long-term participation.
• Governance: $LSD holders participate in governance decisions. They can vote on protocol upgrades, fee structures, and other proposals.

Is $LSD a Good Investment?

$LSD has garnered attention due to its unique PvP-AMM model. Here are some key points to consider before investing in $LSD:

1. Volatility and Opportunities: The crypto market, including $LSD, is characterized by volatility. While volatility presents opportunities for substantial profits, it also carries higher risks. Investors with high risk tolerance and healthy financial positions may find $LSD appealing.

2. Market Conditions and Unpredictable Factors: The crypto market is subject to extreme conditions, legal policies, social media narratives, and other unpredictable factors. Investors should stay informed and exercise risk management.

Remember that investing in any asset carries risks, and it’s essential to conduct thorough research and consider your risk tolerance before making investment decisions.

How to Buy $LSD From Gate.io

• Create an Account on Gate.io: If you don’t have an account, sign up on Gate.io.
• Deposit Funds: Deposit USDT or other cryptocurrencies into your Gate.io account. You can use external wallets, credit card options, or bank transfers.
• Navigate to the LSD/USDT Trading Pair: On the homepage, click the trade button under the LSD/USDT market. Place an order with your preferred price and amount.
• Order Execution:When there is a matching opposite order, your order will fill (partially or fully). Monitor your trades and adjust as needed.

Take Action on $LSD

Check out the $LSD price today and start trading your favorite currency pairs:

• LSD/USDT