Matrixswap Development Updates #4

Welcome back to another weekly development update from Matrixswap. We have worked on a lot of key objectives over the past week and we’re excited to uncover them below.

Matrixswap Perpetual v1

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

We can finally say we’re in the final stages of launch and we’re excited to have initial users on board as well as participate in our upcoming Trading Competition.

During the past week, we have done the following -

  • Working on simulating transactions before the uses attempt to do it. This will tell if the error before the actual transaction, if any.
  • Price Impact calculations are also fixed — USDC to ETH conversion fixes and funding rate verification complete
  • Front-end cleaning and bug fixing.
  • Improved the behavior of the app when switching blockchains/accounts.
  • Set up a mock USDC faucet.
  • Improved modals (the window that opens in the middle of the app when you make a transaction).

Matrixswap DEX Aggregator

The Matrixswap team has also delivered promising changes to our DEX Aggregator and we cannot wait for you to see what we have in store. Major changes have been made and we are sure our community would love them!

During the past week, we have done the following -

  • Update new UI for multi-chain components
  • Implemented new UI into the testing site
  • Adding subgraph for BSC to track the daily volume and total volume of transactions

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.