Kromatika

Kromatika DAO has continued to build, and evolve right in the midst of this crypto winter (as some call it) despite the market’s brutal treatment of many projects which have unfortunately crashed, especially centralized projects.Kromatika dapp began as an award winning idea for its Fees Earning Limit Orders(FELO) at the Chainlink Fall Hackathon 2021 exactly one year ago. Since then, it has implemented a swap solution for DEX users with its MetaDex Aggregator which is an “aggregator of aggregators” sourcing best rates from the deepest liquidity pools.Most recently, Kromatika added a Perpetual Trading Portal due to an increasing demand from the community.Soon, Kromatika will also feature Gasless Swaps as well and is well inline with its original plan of becoming a one-stop shop for all DEX trading needs. The mission remains the same — to make DEX trading simple, accessible and user-friendly for all decentralized users. But for the purpose of this article, let us focus on the Perpetual Derivative Trading feature of Kromatika.<h2 id="header-0">Kromatika Perp Derivatives DEX, how it gives an edge to its users and its Structural Dynamism</h2>Perpetual Trading is a type of trading without expiry contracts. This simply enables users to speculate on the future price of an asset either by longing or shorting (buying and selling) these assets at predetermined prices using leverage.This trading feature has been used in traditional financial markets for a long time and also on CEXes in the crypto space. But, the ability to access the perpetual derivatives market on DeFI is a unique flex when compared to CEXes.The narrative for Perp DEXes is brewing hot in DeFI — quite the trending topic I must say. Via Kromatika, a user has a distinct advantage when trading perpetual derivatives markets as compared to any centralized platform.Here’s a brief comparison between CeFI and DeFI Perpetual Trading<img src="https://miro.medium.com/v2/resize:fit:700/0*AgkCQsb3o58vAwXh" />Users can also enjoy these benefits when trading perpetual contracts via Kromatika<ul><li>A big flex is the ability to manage open trade positions for as long as the users want. Also, the ability to leverage up to 100x.</li><li>Offers 71 perpetual Trading Contracts with cross and isolated margin mode with limit, market, and stop limit orders.</li></ul><img src="https://miro.medium.com/v2/resize:fit:700/0*Q81O6rB2CaVRQ-9n" /><ul><li>Easier availability for users across several chains (available on Ethereum Mainnet, Arbitrum, Binance Smart Chain).</li><li>Users enjoy super cheap fees than other DEXes (Relatively low compared to that of GMX).</li></ul>GMX charges 0.1% of the position size to Open and Close a position and when a swap is required in opening and closing of a position, it charges 0.2% — 0.8% of the collateral size.Whereas, Kromatika fees structured by ApolloX are way cheaper than the former.The fees are structured based on the type of order<ul><li>Maker Fees: These are fees based when the user creates a limit order and it is 0.02% of the size.</li><li>Taker Fees: These are fees based when the user trades instantly at the market price (market order) and it is 0.07% of the size.</li><li>Users also enjoy multichoice of wallet use.</li></ul><img src="https://miro.medium.com/v2/resize:fit:700/0*rKVvyfjJesWnnAxf" />Having users enjoy these benefits all comes as a result of the DAO proposal voting for Perp Derivatives platform to be added to Kromatika DEX.<h2 id="header-1">How to Use The Perpetual Trading Portal?</h2>A brief explanation is provided in the Kromatika Documents section.Here is a direct link to the tutorial: <a href="https://docs.kromatika.finance/guides/tutorials/how-to-use-the-perpetual-trading-portal" rel="noopener noreferrer nofollow">https://docs.kromatika.finance/guides/tutorials/how-to-use-the-perpetual-trading-portal</a><h2 id="header-2">Extra benefits for the users</h2>In the future, once sufficient trading volumes are met, Kromatika will be able to implement revenue sharing. Of course, this will have to come via a community draft proposal and subsequent vote.In the meanwhile, feel free to share your screenshots of trading gains/losses on social media. The tutorial above will show you how to do that. Help spread the word about decentralized trading, so many more in the crypto space will be able to enjoy the advantages of trading without fear of centralized platforms.To recap, Kromatika has a brilliant Swap Aggregator, Fees Earning Limit Orders(FELO), Gasless Swap (to be implemented shortly) AND Perpetual Trading. Kromatika is well on its way to become the one-stop shop for all DEX trading needs.So, what’s stopping you now from making Kromatika DAO your one-stop shop DEX?I guess the answer is I AM READY TO GET “KROMED” !!!Start leveraging the future today at <a href="https://perp.kromatika.finance/" rel="noopener noreferrer nofollow">perp.kromatika.finance</a>To connect with an active Kromatika community, do consider joining our <a href="https://discord.gg/Uv2Q2v26JG" rel="noopener noreferrer nofollow">Discord</a> channel.<ul><li>More about Kromatika Protocol</li><li><a href="https://app.kromatika.finance/" rel="noopener noreferrer nofollow">Kromatika DAPP</a></li><li><a href="https://kromatika.finance/" rel="noopener noreferrer nofollow">Homepage</a></li><li><a href="https://kromatika-finance.medium.com/" rel="noopener noreferrer nofollow">Medium</a></li><li><a href="https://twitter.com/KromatikaFi" rel="noopener noreferrer nofollow">Twitter</a></li><li><a href="https://discord.gg/UxHqP6n7B2" rel="noopener noreferrer nofollow">Discord</a></li><li><a href="https://t.me/joinchat/09jBPxB1cl85OTBk" rel="noopener noreferrer nofollow">Telegram</a></li><li><a href="https://www.reddit.com/r/KromatikaFinance/" rel="noopener noreferrer nofollow">Reddit</a></li></ul>

Kromatika DEX Perpetual Trading Portal

目录

Kromatika Finance

发布于 2023年3月6日的其他文章

Cryptopia | February Monthly Recap

Remote Work For Crypto Nomads

Marketing in Web3: How to Gain an Edge in 2023

Uniswap Labs Reveals New Crypto Wallet, Says Apple Won’t Green Light iOS Launch

Multicoin Hedge Fund Down 91.4% In 2022, Crypto Daily TV 6/3/2023

Elon Musk's Shift from Crypto to AI: What Does it Mean for Elon's Love for Crypto?

订阅我们免费的电子期刊，获取每日最新加密领域动态！