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Dare not use centralized trading platform to trade contracts. The black box operation is too serious.

Do you support DEX which has 100x leverage?

As one of the most complex and mature instruments in the financial market, the market for derivatives is huge. According to data from the Bank for International Settlements (BIS), the total value of derivative contracts is approximately US$640 trillion. The total market value of the contract is approximately US$12 trillion. Defi which is in the explosive growth of decentralized finance aims to allow developers to rebuild these financial tools in a decentralized environment through smart contracts, which may eliminate some of the drawbacks of centralized platforms, such as custody , opaque, easy to insert pins, etc. Nowadays, a decentralized perpetual trading platform called YFX (yfx.com), which is the world's first to support 100x leverage, is seizing the derivatives track as a dark horse.

What is YFX(yfx. com)?

The easiest way to understand YFX is to think of it as a decentralized version of Binance Contract, Huobi Contract, and OKex Contract. The difference is that YFX supports perfect cross-chain contract transactions. Then referring to the position of the YFX white paper, YFX is a transparent decentralized perpetual contract trading platform based on Ethereum, TRON, BSC and Huobi chain Heco, providing up to 100x  leverage for trading BTC , ETH and other assets.

YFX Contract trading platform has most of the rules of perpetual contracts, and supports the trading of USDT swap,  coin swap and hybrid swap. A specific optimized design is made for smart contracts, which simplifies many calculation schemes for perpetual contracts. All funds on YFX are managed by smart contracts and all smart contract codes are open source and are audited and verified by professional institutions. Through smart contracts, users can deposit and withdraw their funds at any time.