Vision
Revisiting Our Initial Inspiration - Freedom To Trade
What drives us to build MarginX
The freedom of listing, trading and utilizing derivatives – is at the core of our mission at MarginX, a decentralized infrastructure.
Our goal is to establish a trustless, inclusive, transparent, and automated framework that facilitates unfettered trading.
To realize this vision, the system must first embrace the freedom of listing. Just as Uniswap did for spot trading in 2018, MarginX extends this concept to perpetual trading.
In MarginX 2.0, we intend to decentralize both the "listing" and "market-making" components, fully adopting the Automated Market Maker (AMM) approach for perpetual order books, which we have termed "Automated Limit Order Book Market Maker For Perpetual Market" or "ALO."
Market participants will have the authority to determine which assets or tokens they wish to trade or provide liquidity for, based on their own risk preferences – placing this decision in the hands of traders rather than the platform itself.
The entire process mirrors that of Uniswap, albeit tailored for the perpetual contract market. A liquidity provider gains the freedom to list any desired perpetual pair by injecting funds and configuring parameters. Trading fees, funding fees, as well as trading profits and losses, are equitably distributed among all liquidity providers. This structure delineates risks and rewards unambiguously.
This process is characterized by its permissionless nature, automation, and transparency.
Last updated