Metavault.Trade
Metavault Trade Is A Decentralized And Perpetual Exchange With Low Swap Fees And Zero Price Impact Trading.
In today's society, inflation can occur at any time. Many people are panicking and more and more people are looking to invest in multiple stablecoins. Therefore, to meet people's needs, more and more cryptocurrencies are born with smart features that bring many benefits to users. If you are one of the crypto market participants then you probably know that Metavault Trade is a recently launched project and is one of the most reputable decentralized exchanges available today.
Metavault.Trade is an exchange platform that provides decentralized crypto exchange services designed with various crypto features. Metavault.Trade provides spot & perpetual exchange services that allow users to trade with up to 30x leverage and directly from their personal wallet.
Metavault.Trade is an innovative decentralized exchange platform as it provides spot & perpetual exchange services where users can trade safely and easily without going through an account, but simply by connecting their wallet and they will be able to trade. So it is a decentralized crypto exchange platform with leverage and convenience for users.
Metavault.Trade aims to be the go-to solution for traders who want to stay in control of their funds at all times without sharing their personal data. Its innovative design gives it many advantages over other existing DEXs
Traders can use it in two ways:
Spot trading, with swap and limit orders.
Perpetual futures trading with up to 30x leverage on short and long positions.
Before getting into the details of why I think Metavault.Trade is such a great project, I'd like to explain the vertical it's a part of: "Decentralized Perp Trading". You can skip this section if you already know everything!
Decentralized Trading
I guess all my readers know what centralized trading is. It is the act of buying/selling assets on a Centralized Exchange (CEX) such as Binance, KuCoin or Coinbase. These platforms have pros and cons: they can offer low transaction fees and allow a lot of flexibility through APIs and bots. But they also require a different level of KYC to use — which is a good thing in principle, until they are hacked and your personal data is available for use by every bad actor imaginable — and sometimes they freeze your assets for reasons only known to them. . . Worst case scenario they get hacked and you lose everything you have on their platform. “ Not your keys, not your crypto! "As the saying goes.
Decentralized Applications (dApps) solve some of these problems by transferring trades to blockchains such as Ethereum and offering decentralized trading solutions. Uniswap is probably the most famous Decentralized Exchange (DEX). No KYC required, and you can use it from anywhere in the world. But fees on Ethereum can be 10 to 100 times higher than they would be charged for similar trades on CEX, especially for those with smaller position sizes. High decentralization price! Metavault.Trade is a new generation DEX that delivers a lot of innovation and very low costs.
Problem
Most of today's crypto users trade through centralized exchange platforms. Through this exchange platform, users will be able to trade crypto easily and safely. But the problem is that usually centralized exchange platforms use KYC for their trading which is problematic for some as it is related to their identity and privacy. Whereas users should be facilitated with a crypto trading platform that will make it easier for them to trade and not ask for their identity so that users will be able to trade freely without worrying about their privacy.
The solution
And in response to this issue, Metavault.Trade was launched as a decentralized exchange platform that would not question the identity of its users. This service is provided by Metavault.Trade is a decentralized & perpetual exchange, which will allow users to trade quickly and securely with leverage through their personal wallets. Since it only requires a connection to the user's digital wallet, it means that Metavault.Trade does not require the creation of an account for the user. Users will be able to trade their favorite pairs freely without worrying about their privacy.
Metavault Exchange Features
Low Fees - Very low transaction fees.
No price influence, even for large order sizes.
Simple Swap - Open positions via a simple swap interface. Easily swap from any supported asset to your preferred position.
Reduced Liquidation Risk - Protection against liquidation events: sudden price changes that often occur in a single exchange (“scam wicks”) are smoothed out by the design of the price mechanism.
Complete platform: spot trading and leverage.
Multi-asset pools - The key innovation at the heart of Metavault.Trade is multi-asset pools. This feature allows the platform to share liquidity across all the assets it supports.
MVLP ( Liquidity Provision Incentive) - MVLP is a liquidity token platform. Metavault.Trade requires a multi-asset pool with a lot of liquidity. To ensure this happens, the platform has a very generous incentive program: 70% of the platform fees are redistributed to liquidity providers who score MVLP by accumulating their crypto assets. MVLP acts as a counterweight to leverage traders on the platform, with their losses flowing back into MVLP.
MVX - Metavault.Trade has its own governance and utility token: MVX. Holders are incentivized to stick around for the long term, with many rewards accumulating quickly. MVX marketers will get 30% of the fees collected by the platform in the form of the network's native token — MATIC on Polygon.
Futures contracts
When people start trading, they usually start with “spot trading”, which consists of buying and selling assets directly on the market. But there are also more sophisticated instruments called futures contracts, or "futures" for short:
A futures contract is an agreement to buy or sell a commodity, currency, or other instrument at a predetermined price at a specified time in the future.
Unlike the traditional spot market, in the futures market, trades are not 'completed' instantly. Instead, the two counterparties will trade a contract, which dictates a future settlement. In addition, futures markets do not allow users to buy or sell commodities or digital assets directly. Instead, they are trading representations of contracts from them, and trading assets (or cash) that will actually occur in the future — when the contract is executed [Ref].
These contracts were created so that one could hedge against market variations, but futures trading also offers more possibilities than spot trading:
Traders can "sell": they can bet against an asset without even owning it.
Traders can use leverage: they can enter positions for multiples of their balance. But in doing so, they run the risk of losing their entire balance when the market goes in the wrong direction, even if only slightly. Using high leverage (10x, 20x… 100x!) with large positions is very dangerous and should be avoided if you are not an expert trader!
The major DEXs in this category, such as Uniswap on Ethereum and Pancakeswap on BSC, are built around Automated Market Maker (AMM). By design, this technology has some limitations regarding liquidity. In practice the price you see is NEVER the average price you get for your order, you will always pay more! This is because only a fraction of the tokens are available at the displayed price: if you need more, you have to pay a little extra. This is called “price impact” and depending on the size of your order, it can range from a fraction of a percent to a few percent… this has a huge impact on the final average price you pay.
Metavault.Trade increases current AMM massively by reducing slippage to almost nothing and offering very deep liquidity. Their technology will allow you to buy “any amount” of the listed tokens at the exact price shown when you passed the order.
Metavault.Trade also allows one to place limit orders, a feature missing in most DEX AMMs!
Multi-Asset Group
The great innovation at the heart of GMX, and now Metavault.Trade, is the Multi-Asset pool. All assets supported by the platform are pooled together and a token called MVLP represents the index of this token. The price of the MVLP will fluctuate with the price of the underlying asset in the basket and the traders' Profit and Loss (PnL) — when they lose a trade, their losses flow to the MVLP.
How does this shared liquidity lead to a lower price impact exchange solution? Say for example that the pool consists of five assets (BTC, ETH, MATIC, USDC and DAI) in equal proportions in terms of dollar value: 20% each. If a trader wants to buy 50% of the supply of BTC with USDC, they can do so instantly, without any price impact. Once the order is completed, the pool status will be BTC: 10%, USDC: 30% and the rest remains unchanged. To understand how unique this feature is, I encourage you to check out how much price impact you can get for very large orders on CEX with an order book or on a DEX like Uniswap!
Team
Metavault.Trade is built by professionals and experts in their field who have years of experience in blockchain technology and understand the crypto market. The team collaborated together in developing a decentralized exchange that would be used by many people globally easily and securely. With this collaboration, it is hoped that users can get the best service, where they can transact safely, quickly, and at lower costs through their devices.
Conclusion
The main innovation at the heart of Metavault.Trade is the multi-asset pool. This feature allows the platform to share liquidity across all the assets it supports.
The Metavault.Trade bridge operating under the hood is supported by a Socket Liquidity Layer which brings a combined layer of various asset bridges and DEX aggregators under one roof.
And what you all need to know, Metavault.Trade is built by the team behind Metavault DAO that powers the entire blockchain ecosystem and technology projects.
For those of you who want to find more complete information or references, you can directly visit the official link below!
Main source:
- Website: https://metavault.trade/
- Documents: https://docs.metavault.trade
- Telegram: https://t.me/MetavaultTrade
- Media: https://medium.com/@metavault.trade
- Github: https://github.com/metavaultorg
- Discord: https://discord.gg/metavault
- Twitter: https://twitter.com/MetavaultTRADE
Mojokertos https://bitcointalk.org/index.php?action=profile;u=3166146
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