🦖Welcome to Flex Perpetuals
Trading Beyond Limits
Last updated
Trading Beyond Limits
Last updated
Flex Perpetuals is a next-gen decentralized perpetual protocol with cross-margin and multi-asset collateral support on BASE chain. Flex Perpetuals offers the following unique features to users:
Users can trade up to 1,000x leveraged long or short positions on many asset classes including Cryptocurrency, Forex, and Commodities. Flex Perpetuals also accepts various crypto assets as collateral with cross-margin collateral support, allowing for flexible position and risk management strategies.
Learn more about our Leveraged Trading features here.
Find the list of all the supported trading markets - Coming Soon
Find the list of all the supported collateral assets - Coming Soon
As a pool-based decentralized perpetual protocol that offers multi-asset collateral and cross-margin support, our aim is to create a product that addresses the biggest pain points while also offering the best user experience.
Flex Perpetuals aims to be the cheapest, fastest, most secure and reliable perpetuals trading platform on BASE. 🚀
While there are currently many decentralized perpetual protocols in the market, Flex Perpetuals brings multiple benefits to the ecosystem both in term of economics and product features. Below are some of the key highlights of our competitive advantages.
Flex Perpetuals offers extremely competitive APR% for both it's Market Making LP (FLP) and Revenue Share LP (stFDXLP). This is achieved by directing the majority of protocol revenue and incentive emissions towards these pools.
Cross-margin Collateral: Flex Perpetuals offers a cross-margin collateral management model, which allows for the sharing of margin balances across multiple positions, increasing the capital efficiency and flexibility for users. Traders will be able manage their portfolio holistically in a much more efficient and convenient manner than trading using an isolated-position model.
Multi-asset Collateral: Flex Perpetuals supports multiple assets as collateral. Traders at Flex Perpetuals are not restricted to a single collateral asset or a specific collateral type based on their trade direction. This will allow them to execute certain strategies much more effectively i.e. carry-trade strategy.
High Leverage: Flex Perpetuals supports a maximum leverage of up to 1,000x of collateral value depending on the trading asset class. This feature allows users with high conviction in their market views to capitalize the potential upside from being right, maximizing their financial gains.
Gasless Trading & Order Management: Execute trades and manage your positions gas free using our intent based architecture.
1-Click Trading: Flex Perpetuals offers a one-click trading feature through our use of account abstraction. Once the account abstraction has been set up (a one-time process), users do not need to sign the transactions via their wallets every time they want to execute a trade. Instead, they simply need to input their PIN to confirm and complete their trade - a much faster and simplified experience, on- par with using a centralized exchange!
📈 On-chart Trading: Ability to drag and drop to adjust take-profit and stop-loss orders directly on the chart.
Advanced Order Types: Flex Perpetuals supports advanced order types such as limit order, take profit, and stop loss.
Subaccount Support: Flex Perpetuals supports multiple subaccounts under the same wallet address. Using subaccount allows users to employ different trading strategies, segregate risks, and provide an easy way for users to track their performance under the same wallet address, improving the overall user- experience.
Robust price oracle: Flex Perpetuals utilizes a combination of Chainlink Data Streams & Pyth Oracles for price feeds for a fair, reliable and transparent price source. The robust setup provides redundancy and protects traders and liquidity providers from scam wicks or short-term rapid price movements in a volatile market condition.
🛡LP protection: Flex Perpetualshas multiple mechanisms in place to ensure our liquidity providers are safe from various risks.
Friendly UI/UX: Flex Perpetuals has put a lot of emphasis in delivering the best experience to our users. Whether you are a DeFi native or a new comer to the space, we make sure that navigating through our application is as intuitive as it can get.
Decentralization: Flex Perpetuals is a decentralized perpetual protocol. This means that we DO NOT pose any KYC requirements or have the ability to cease, blacklist, or freeze your account. You custody your own fund with full control of it at all times. Anyone with an internet connection, regardless of where they are, can trade on Flex Perpetuals.
Best tech in the Industry: HMX currently has the best technology for an LP-based perpetual protocol in the industry, with their flexibility to support cross-margin collateral, multi-asset collateral, and many of their robust & comprehensive LP-protection mechanisms.
Proven track record: After launching on Arbitrum, HMX accumulated over $30bn in total trading volume and counting. Their products have been battle-tested and their contracts have been audited by top audit firms/individuals, such as Foobar, WatchPug, and Cantina, instilling confidence in their codes.
Marketing & Community Support: With a large community of traders and LPs, HMX will be able to support FLEX in terms of both marketing and community building. At the same time, Users on HMX will benefit from FLEX launching
The team behind Flex Perpetuals are experienced traders and DeFi users. We recognize the major pain points faced by our fellow traders and liquidity providers with the current available platforms in the market, especially with the failure of many centralized trading platform in 2022. We want to build a platform with great UX/UI, allowing anyone to trade with low- fees, and let participants earn and prosper together with the platform.
We are a big supporter of the DeFi ethos. Race, nationality, location, or any other factors should not pose any barriers to participating in financial opportunities in DeFi and at FLEX.
The charts are provided by TradingView, a platform for traders and investors with advanced research tools and data that helps you track coins like BTC USD and ETH
USD on charts to always stay on top of where the crypto markets are moving.
Flex Perpetuals is a decentralized perpetual protocol, native to the internet and blockchain. By using Flex Perpetuals, you acknowledge that Flex Perpetuals is not designed for use in every legal jurisdiction and by using it, you represent that you have investigated your personal legal situation and consulted with a legal representative in your jurisdiction, if necessary.
