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CyberDEX CYDX
CYDX
0.01644
$
4.50 %
Change 24h
Market Cap
$ 3,803,532
Volume 24h
$ 16,220
Circulating Supply
231,404,085
Total Supply
2,000,000,000
Social
CYDX
$
1D
7D
1M
3M
6M
1Y
All
| # | Exchange | Pair | Price | Volume 24h |
|---|
Description
CyberDEX is a decentralised perpetual swaps trading platform functioning on Optimism. The exchange is powered by Synthetix which - by its unique model - allows traders to tap into huge liquidity pools and carry out trades with minimum slippage and market impact.
This is done by leveraging Synthetix debt pool (a massive pool of liquidity) that ensures execution in size at the closest price level to the order with minimal impact to the markets traded. This model is sustained by the liquid and immutable stablecoin, sUSD, which is quoted against the tradable synthetic assets with their prices matching the underlying assets using decentralised data oracles such as “Chainlink” and “Pyth”.