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MUFEX

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Decentralized exchange enabling high-leverage trading with optimal execution.

Overview

MUFEX operates as a decentralized exchange (DEX) that offers trading solutions characterized by high performance, including the capability for trades with leverage of up to 150x. The platform utilizes a combination of an order-book and liquidity pool mechanism aimed at achieving optimal price execution while reducing slippage. It is designed for traders who prioritize speed and efficiency, addressing issues commonly associated with decentralized trading, such as slow transaction speeds and cascading liquidations. MUFEX incorporates zk-rollups to enhance security and transparency in transaction records and provides options for non-custodial wallet creation with social recovery features. Users can also earn trading fees through MLP tokens, with competitive trading fees and no gas fees on Layer 2 trades.

Key facts

Founded
2023

Contact

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About MUFEX

What does MUFEX do?

MUFEX operates as a decentralized exchange (DEX) that offers trading solutions characterized by high performance, including the capability for trades with leverage of up to 150x.

Where is MUFEX headquartered?

MUFEX is headquartered in Singapore, Singapore.

When was MUFEX founded?

MUFEX was founded in 2023.

Which sector is MUFEX in?

MUFEX operates in Decentralized Finance, part of Financial Technology.

Who are MUFEX's competitors?

Companies similar to MUFEX include Paradex, Spin, and Vertex.