Matrixswap Development Updates #3

Welcome back to another Weekly Development Update from the Matrixswap team. Over the past week, our team has been focused on the launch of our upcoming Perpetual DEX. Here are the updates from the past week.

Matrixswap Perpetual v1

If you’re unfamiliar with our upcoming Perpetual DEX v1, please our article here.

As we get closer to our highly anticipated launch, our team has been working around the clock on deliverables.

During the past week, we have done the following -

  • Open/close/reduce position testing with all sorts of position sizes/testing

price impact/funding rate verification.

  • Working on audit report improvements and suggestions from Halborn
  • Working on a new backend for WebSocket integration
  • Cleaning up front-end code, fixing small front-end bugs, adding ‘margin management’ and ‘confirm transaction’ modals.

Matrixswap DEX Aggregator

A couple of members of the team have also started working on improving the DEX router to enhance the user experience.

During the past week, we have done the following -

  • Added support for the multi-chain and integrated the BSC network. Also added the token lists available on BSC
  • Finalizing the updated UI, tweaking responsivity for all resolutions.
  • Preparing for the merge with handling updates from other branches.
  • Integrating swap and ‘Emergency Nuke Button’ transaction on BSC

As always, thanks for reading. See you next week!

About Matrixswap

Matrixswap is a fully decentralized virtual-AMM-based perpetual swaps trading protocol deployed on the Polkadot, Cardano, and Polygon blockchains. Unlike traditional AMMs, users can long or short any assets’ perpetual contracts with up to 25x leverage. Matrixswap aims to be a fully community-owned and governed Defi protocol.

Use The Matrixswap DEX Aggregator on Polygon

Matrixswap’s DEX Aggregator on Polygon Network is now LIVE to help users find the best swap prices. With over $1.2bn in aggregated liquidity, users can trade tokens on Polygon with confidence. This DEX Aggregator also includes unique trading functions — multi-token buys and sells, Emergency Nuke Button, and interesting UI/UX details.

Try it here — https://router.matrixswap.io/

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Trade decentralized perpetual futures with up to 25x leverage on Polygon, Polkadot, & Cardano.