5. Other Product Matrix
In addition to the aforementioned product segments, our product matrix also includes decentralized derivative protocols, multi-chain instant swap platforms, Web3 ecosystem wallets, and aggregated public chains.
5.1 Decentralized Derivative Protocol
5.1.1 Purpose of Launching the Protradex Derivative Protocol
From the early stages of building the Protradex ecosystem, we have been consistently targeting the launch of a derivative protocol as one of our development goals. Prior to this, we launched an on-chain market maker platform and an NFT lending platform, and after the ecosystem's development has been validated, our on-chain derivative protocol based on our own liquidity is about to be introduced to the market.
Enriching investors' derivative investment targets
Currently, on-chain derivative protocols usually only use cryptocurrencies as their underlying assets, and a few platforms can provide trading of some US stock-like products in the form of synthetic assets, but they are not friendly to derivatives. The on-chain derivative market based on traditional financial targets is in a window period and is also a blue ocean market.
Protradex, as a team with extensive quantitative experience, has strong experience in traditional financial markets. We hope to introduce most traditional financial products in the form of derivatives to the chain, further enriching investment choices for investors.
Providing a better user experience
On-chain derivative protocols, due to their native cryptographic features, can maintain advanced ideologies but are far behind CeFi products in terms of trading functionality and user experience. We expect to launch a derivative protocol based on our advanced technology and mechanisms to provide users with a better on-chain derivative trading experience.
Enriching users' profit-making methods
Cryptocurrency itself is a highly volatile asset, and traditional financial targets are relatively less risky. Investors with different styles have different preferences for underlying assets. We hope to enable more users to participate in a non-permissioned form on-chain, enriching their profit-making methods.
Increasing Protradex's own profit channels and distributing them to users
The Protradex ecosystem is a DAO-driven on-chain ecosystem, and we are exploring the profit model of the ecosystem. In fact, on-chain derivative products themselves have strong profitability, and the launch of this protocol is expected to enrich our revenue channels, distributing more ecosystem development income to users.
Lowering the threshold for developers to develop derivative protocols and promoting the development of the on-chain derivative market towards a new paradigm
In addition to catering to investors, we will also open APIs for developers, lower the development threshold for developers, and enable more Web3 applications to integrate more feature-rich on-chain derivative protocols.
5.1.2 Product Overview
Protradex is about to launch a decentralized derivative protocol that integrates traditional finance and blockchain technology, aiming to provide a broader financial product trading experience. With the help of the powerful MT5/MT trading engine, users can easily trade cryptocurrencies, gold, crude oil, and various types of derivative futures and other global financial products anytime, anywhere. The protocol uses a market-making strategy that combines liquidity pools and hedging FAMM mechanisms to provide users with unlimited depth and a no-slippage trading experience.
Protocol advantages include:
Top trading engine MT5/MT, supporting trading of all financial products (cryptocurrencies, gold, crude oil, any derivative futures, etc.) anytime, anywhere.
Market making using liquidity pools and hedging FAMM mechanisms, providing unlimited depth and no slippage trading experience.
Protradex provides ample liquidity.
Unparalleled order book liquidity for efficient trading with minimal slippage.
No third-party intermediaries, simply connect your DeFi wallet and start trading.
Support for BNB Chain and Ethereum mainnet for a better platform experience.
Participate in liquidity through the FollowX decentralized governance
5.1.3 Technical Highlights
MT5 Top-tier Trading Engine Supporting All Financial Products
Protradex's decentralized derivatives protocol adopts the top-tier trading engine MT5/MT. Based on this technology, we will support trading all financial products anytime, anywhere (cryptocurrencies, gold, crude oil, and any derivatives futures, etc.). The inclusion of all financial products sets us apart from other on-chain derivatives products as one of our greatest advantages.
Liquidity Pool and Hedged FAMM Mechanism
In terms of liquidity, we further adopt a market-making strategy that combines liquidity pools and hedged FAMM mechanisms based on the massive liquidity of the Protradex ecosystem. This enables us to offer unlimited depth and zero slippage trading experience.
Order Book
Our on-chain derivatives protocol introduces an order book, allowing users to seize market opportunities more efficiently and without slippage by placing orders as anticipated. The FAMM mechanism will also be combined with the order book mode, complementing each other's advantages.
5.2 Multi-chain Instant Exchange Platform Protradex-dex
5.2.1 Purpose of Launching Protradex-dex
Protradex aims to serve all investors, meaning our ecosystem products must have strong inclusiveness. Compatibility and support for the majority of assets are fundamental requirements for achieving this goal. Therefore, by launching Protradex-dex, a multi-chain instant exchange platform, we hope to lower the entry barriers for more investors and provide friendlier services.
At the same time, Protradex-dex will also serve as the foundation for our expansion into more areas and work in conjunction with other ecosystem component protocols to better drive the development of the Protradex ecosystem.
5.2.2 Protradex-dex Product Overview
We will soon launch a decentralized multi-chain instant exchange platform that allows users to efficiently and cost-effectively perform on-chain instant exchanges of various crypto assets, with liquidity provided by Protradex. The protocol's primary task is to ensure the efficiency, cost-effectiveness, and security of transactions. With this principle in mind, we have developed unique solutions to provide high-quality cryptocurrency exchange services.
Protradex-dex, as a fully automatic instant exchange service for swapping crypto assets at the best exchange rate, operates in a non-custodial form. Transactions are processed immediately after the protocol receives the assets and the quantity instruction is confirmed by the protocol.
The product advantages of Protradex-dex include:
Low Cost
Exchange at the best rates and transparent commissions, we always have better quotes.
Efficiency
Use our fully automated processing program and get immediate answers to any questions with our support.
Low Trading Barrier
No registration or other unnecessary details.
Cross-platform
Protradex-dex is designed with performance in mind and runs perfectly on any device.
Liquidity Provided by Protradex
Protradex-dex's liquidity comes from Protradex, ensuring ample platform liquidity and a rich variety of assets.
Currently, the protocol supports the exchange of the vast majority of mainstream assets, and we will gradually add more asset types to meet the trading needs of more users.
5.3 Web3 Ecosystem Wallet
Protradex-Pro is a decentralized multi-chain digital wallet that provides a one-stop digital asset management service for global users. It supports BTC, Polygon, Solana, BNB Chain, ETH, HECO, OKX Chain, TRON, Fantom, Wax, IOST, AVAX, zkSync, Terra, Near, Arbitrum, and 90+ main chains as well as millions of asset tokens, striving to provide users with an extremely convenient decentralized traffic portal.
Through Protradex-Pro, users will be able to trade on-chain assets, access all on-chain applications, and participate in them. At the same time, we also serve B-end users, including Token projects, NFT projects, and DApp projects.
For Token projects, Protradex-Pro services include:
Token self-listing
Token information self-management
Token liquidity solutions
Airdrop tools
Access to more platform benefits
For NFT projects, Protradex-Pro services include:
NFT self-listing
NFT royalty settings
NFT bulk trading
Airdrop tools
NFT resource display
For DApp projects, Protradex-Pro services include:
DApp self-listing
DApp resource display
Project Token liquidity solutions (Protradex)
Protradex-Pro will also serve as a foundational component of our ecosystem development, linking with other protocol components to better promote ecosystem growth.
In the future, we will build a multi-chain interoperable aggregator public chain based on our technology.
Last updated