Summary:
Swych Finance has launched Swych PDEX, a decentralized perpetual exchange that aims to redefine leveraged trading. The platform offers a clean interface, a fully integrated TradingView chart, tradable assets including BTC, ETH, and BNB, and the ability to set take profit and stop loss orders. It also allows users to add or remove collateral while in a trade and provides comprehensive trading information. Swych PDEX operates on a real yield fee system, with fees allocated to the platform’s treasury, a lottery, investors, and liquidity. The platform plans to introduce a trading incentive program and integrate NFTs into its ecosystem.
Introduction:
Swych Finance has launched Swych PDEX, a decentralized perpetual exchange that aims to redefine leveraged trading. The platform offers a clean interface, a fully integrated TradingView chart, tradable assets including BTC, ETH, and BNB, and the ability to set take profit and stop loss orders. Swych PDEX also allows users to add or remove collateral while in a trade and provides comprehensive trading information. The platform operates on a real yield fee system, with fees allocated to the platform’s treasury, a lottery, investors, and liquidity. Swych PDEX plans to introduce a trading incentive program and integrate NFTs into its ecosystem.
Main Points:
– Swych PDEX is a decentralized perpetual exchange that focuses on risk management and innovative mechanics for both beginners and expert traders.
– The platform offers a clean interface with user-friendly features and a fully integrated TradingView chart for comprehensive market analysis.
– Tradable assets on Swych PDEX include BTC, ETH, and BNB, catering to different investment strategies.
– Users can set take profit and stop loss orders both when entering a trade and after the trade is open, allowing for effective risk management.
– The platform also offers dynamic collateral management, enabling users to add or remove collateral while in a trade.
– Traders have access to full position, order, and trade history details, ensuring transparency and informed decision-making.
– Swych PDEX is mobile-compatible, allowing users to manage their trades on the go.
– The platform provides a paper trading mode with live pricing data for practice and strategy development.
– Swych PDEX supports both market and limit orders to accommodate a variety of trading strategies.
– The platform shows PnL as Net PnL, providing a clear and honest view of a trade’s outcome after accounting for fees.
– Swych PDEX operates on a real yield fee system, with fees allocated to the platform’s treasury, a lottery, investors, and liquidity.
– The platform plans to introduce a trading incentive program to reward active traders based on their trading volume.
– Swych PDEX will integrate NFTs into its ecosystem, offering additional avenues for earning real yield and enhancing the overall trading experience.
– The Swych token, $SWYCH, powers the ecosystem and provides various utilities, including liquidity pools, staking, yield farming, and NFTs.
– Swych Finance plans to launch an incubator program and integrate gamification elements into its ecosystem.
Conclusion:
Swych Finance has launched Swych PDEX, a decentralized perpetual exchange that aims to redefine leveraged trading. The platform offers a user-friendly interface, integrated TradingView chart, tradable assets, and advanced risk management features. Swych PDEX operates on a real yield fee system, with fees allocated to different aspects of the platform. The platform plans to introduce a trading incentive program and integrate NFTs to enhance the user experience. The Swych token powers the ecosystem and provides various utilities. Swych Finance is committed to continuous improvement and user empowerment, offering comprehensive educational resources and expanding its features to provide additional value.