Antarctic Exchange (AX), a leading decentralized perpetual futures exchange, announces the launch of its testnet on November 1st. This milestone represents a key advancement in AX’s mission to redefine decentralized trading with a fair, transparent, and user-centric platform that rivals traditional exchanges like Bybit and Dydx. The testnet offers traders a first look at AX’s advanced trading features setting the stage for a transformative shift in the cryptocurrency derivatives market.
With a focus on transparency, security, and user empowerment, the AX testnet introduces a decentralized trading environment equipped with deep liquidity, minimal slippage, and real-time transaction tracking powered by zk-rollup technology. Unlike centralized exchanges, AX eliminates institutional market makers, offering all users an equitable marketplace free from predatory practices, which entails no more conflict of interest.
Key Features and Benefits of AX Testnet
Antarctic Exchange is more than a trading platform; it’s a community-driven ecosystem with a business model designed to benefit every participant while ensuring long-term sustainability:
- Enhanced User Experience (UX): By providing fully customizable user preferences, AX’s intuitive interface caters to all users, from DeFi enthusiasts to traditional CEX traders. Both beginners and experts can navigate and use the platform efficiently, providing a full range of advanced trading functions, significantly lower fees, minimal slippage, and greater savings.
- User-Aligned Ecosystem: AX is structured to align the platform’s success with that of its users. Unlike traditional exchanges where the interests of institutions may dominate, AX offers diverse products and tokenomics designed to ensure users benefit alongside the platform’s growth. Through one-click participation, all capital is maximized with zero gas fee trading.
- Innovative Liquidity Pool (LP) Structure: The platform’s Comprehensive Liquidity Pool (LP) structure like AHLP, AMLP, or Treasury Buffe includes controlled risk measures and innovative mechanisms to fairly balance and redistribute rewards among participants. This setup is ideal for both CEX and DeFi users, providing a structured earn product suited to varying risk profiles.
- Tokenomics with Built-in Stability Measures: The AX native token, $ATTX, is designed to support the ecosystem with strategies like buybacks and burns, ensuring its long-term relevance and demand. By holding a 2% supply buffer for liquidity pools, AX provides a stable environment that benefits all stakeholders without requiring manipulation.
- Business Model and Revenue Sharing: AX’s revenue model allows the platform to operate sustainably while redistributing profits to the community. With only 40% of trading fees retained by the platform, the remaining fees are redirected to benefit traders, liquidity providers, and token stakers.
- Security Architecture: Antarctic Exchange (AX) offers the highest security protocol through a robust risk management system covering from users to tech framework, cross-audited smart contracts, and immutable front-end code. In addition to that, it offers full self-custody of funds through direct smart contract interactions.
User Benefits and Participation Opportunities
- Traders: AX offers advanced trading features such as merge/split positions, in a Zero gas fee trading environment with minimal slippage, providing a fairer trading experience that eliminates unnecessary costs with onchain fund management. It offers the full CEX Experience and more but on a DEX.
- Autonomy: AX offers self-custody of funds, No KYC required, crossed-audited Smart contract and white hat bounties. It is fully permissionless by validating transactions onchain. Let’s say the Best of both worlds: “CEX experience on-DEX”
- Liquidity Providers: Controlled-risk LP products and liquidity protection mechanisms create upside potential while managing risk exposure, which increases utility and demand for token enabling token price stability.
- Affiliate Partners: AX’s revenue-sharing model enables affiliates to share in the platform’s growth, earning commissions on referrals and accessing exclusive affiliate NFTs that offer profit-sharing opportunities. Users will have aligned incentives.
- Stakers: As a core aspect of our ecosystem, our tokens are designed to accrue value. By staking the ATTX token, it enables any stakeholder to be a part of Antarctic exchange with relevant utility instead of just sharing fees or a simple APR.
Vision for Industry Transformation
The launch of the Antarctic Exchange testnet signals a major leap forward in AX’s broader vision to set new standards in decentralized trading. As the derivatives industry moves toward user-aligned, secure trading solutions, AX aims to meet the evolving needs of crypto traders by providing a fair market trading environment and enhanced reward distribution platform that is transparent.
By leveraging ecosystem partnerships, AX ensures efficient, cost-effective transactions, strategic revenue allocation, and the ability to capture cash flow that caters to the growing demand for decentralized financial solutions.
Global Impact and Market Potential
The introduction of AX’s testnet is expected to accelerate the adoption of decentralized perpetual futures trading globally. As regulatory scrutiny and user demand push for self-custody and transparency, Antarctic Exchange provides a viable alternative for traders seeking security without sacrificing performance. With the ultimate user experience, coupled with readily available users from both DeFi and CEX, kickstart the snowball.
With anticipated innovations in governance and community engagement, AX is poised to play a pivotal role in the future of decentralized trading within the Web3 landscape by meeting the demand for advanced trading functionality and superb liquidity.
About Antarctic Exchange
Antarctic Exchange (AX) is a community-first decentralized perpetual futures exchange (perp DEX) that combines advanced trading features with a user-aligned ecosystem. By prioritizing transparency and user experience, AX creates an equitable marketplace that empowers traders to maximize capital efficiency in a secure, transparent environment.
Media Contact:
- Company: Antarctic Exchange
- Email: [email protected]
- Website: https://www.antarctic.exchange
- Telegram: https://t.me/Antarctic_EX
- Twitter: https://x.com/Antarctic_EX
- Discord: https://discord.com/invite/KEHrq2qpG6
- Medium: https://medium.com/@Antarctic_EX