Overview

An open and permissionless trading protocol purpose-built to scale DeFi offering best-in-class perpetual futures markets designed to onboard next billion users by unlocking next trillion dollar TVL.

AlphaX is currently under development.

Decentralized Finance has undergone a decade-long growth and one can now see a paradigm framework moving towards a new use-case: On-chain Derivatives. With new meme trends, bitcoin staking hypothesis, ERC-standards, L2s, L3s etc, the core framework which encompasses staking, swapping and lending is now becoming obsolete.

On-chain Derivatives have been around for some years. Yet, the current infrastructure for on-chain derivatives is struggling to keep up with the growing demand and increasing complexity in the DeFi space. As existing protocols remain deeply flawed, with rigid and opaque listing procedures, fragmented liquidity spreads across different chains, plagued by higher fees than centralized counterparty, definitely missing out on the intuitive user experience they were meant to deliver.

It's time to build what can scale DeFi's on-chain derivatives beyond its limits, a derivative protocol designed to overcome these challenges and provide a permissionless market with robust risk management, allowing trades without limits and handling a diverse and ever-growing list of assets. Additionally, it should be able to deploy seamlessly on any chain, ultimately enabling on-chain derivatives to reach their full potential.

It's time for AlphaX.

AlphaX, is a novel perpetual futures infrastructure protocol:

• which allows any asset to be used as collateral (LSTs, NFTs, ERC20, etc),

• enables creation and launch of perpetual futures market with ease,

• unlocks deep liquidity for perpetual futures with ever-growing list of assets,

• allows multiple market designs based on requirements of market creator,

• engineered to adapt to new trends or hypothesis,

• built from ground-up to democratize perpetual futures markets,

• offers perpetual futures and swap markets by default,

• created with above-industry standard risk management mechanisms,

• powered by robust tamper-proof, fault-proof and outlier proof hybrid oracle delivered by combination of on-chain and real-world sources,

• adapts a hybrid funding mechanism to maintain sustainability of markets,

• provides non-custodian trade execution to end-users,

• easily deployable across different chains, and

• scale DeFi with massive liquidity and unlimited listings towards more liquid futures.

As a result, AlphaX will create an on-chain derivative protocol which can scale DeFi's open interest limits to billions of dollars by allowing wide-range of assets to be used as collateral for perpetual futures trading across even broader range of assets (commodities, bonds, foreign exchanges, NFTs, etc) enabling trillions of dollars of trading volume at scale.

It's Finally Time for DeFi To Trade Anything, Anytime.