What is LogX? LogX is a DEX Perpetuals is built on the Arbitrum ecosystem with aggregate liquidity, brings users the best transactions – low fees, high liquidity. So what makes LogX stand out? Let’s Weakhand let’s find out.
To understand more about LogX, please read the articles below:
- What is GMX (GMX)? Overview of GMX Cryptocurrency
- What is Mux Protocol (MUX)? Overview of Mux Protocol Cryptocurrency
LogX Overview
What is LogX?
LogX is an exchange Decentralized for perpetual trading with aggregated liquidity (DEX Perpetuals Aggregator) is built on Arbitrum and comes with a decentralized Oderbook that helps users easily swap their assets right on the platform.
LogX Aggregator combines liquidity on many different platforms to bring users who want to play Long – Short the best transactions, low fees, high liquidity, helping users not have to maintain positions on many other DEXs together.
LogX Aggregator currently supports the following exchanges: GMX, MUX
LogX currently supports crypto assets: BTC, ETH, USDC.e, LINK, UNI, USDT, FRAX, DAI, ARB, AVAX, OP, BNB.
LogX Difference
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LogX uses aggregated liquidity from the two leading DEXs on Arbitrum, GMX and MUX, ensuring fast transactions, low fees and no price slippage.
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Users can Long – Short many different types of assets with leverage up to 100x, providing a smooth user experience.
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Once the user enters the transaction details into LogX, the LogX router automatically routes the user to the best exchange to execute the transaction.
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User LogX is completely free, LogX does not charge any additional fees beyond what the Exchange charges.
Development Roadmap
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Core Team
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Investor
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Tokenomics
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LogX Project Information Channel
Summary
LogX is a decentralized derivatives exchange that aggregates liquidity across the Arbitrum ecosystem. LogX uses the liquidity of two major DEX exchanges, MUX and GMX, helping to make transactions fast, smooth, low fees, high liquidity, and no price slippage. The assets LogX currently supports are limited. Through research, we found that LogX was copied from the MUX exchange and the information channels about the project are very limited.
Hope this article provides useful information about the LogX project.
