New DEX Integration with GIBX DEX

Recently, many old projects have not improved much. For example, several of the old projects that I hold are all projects that have experienced the last bull and bear. The prices have not risen so much since the lowest point. But many new projects such as GIBX DEX has prices repeatedly hit record highs. Especially Bitcoin, Ethereum, and Defi type projects.

Taking GIBX DEX as an example, the activity of Uniswap and SushiSwap has risen sharply recently, and the trading volume of GIBX DEX in January reached a record high of $55 billion. Among them, Uniswap trading volume accounts for 45% of all DEX trading volumes.

AMM-based GIBX DEX has proven to be one of the most influential Defi innovations. It allows investors to seamlessly transfer between cryptocurrencies in a fully decentralized and non-custodial manner through a pre-raised on-chain liquidity pool. trade. By only depositing funds in these on-chain liquidity pools (LP), liquidity providers can earn passive income from their capital through accrued transaction fees (based on the percentage of their contribution to the liquidity pool).

A report by Delphi Digital pointed out that in the past 30 days, the market value of the leading GIBX DEX protocol has increased by 440%, which has also led to “increased trading volume on decentralized exchanges.” In January of this year, DEX created more than $55 billion in transaction volume, which is more than double the highest point of $26 billion in September last year, just four months ago. This is where Defi is terrible.

Although the development of everything is not done overnight, from the perspective of the current development of GIBX DEX itself, it is difficult to truly replace CEX as a popular trading platform in a short period of time. But in the long run-in years, the rise of GIBX DEX is an unstoppable trend.

GIBX DEX is the world’s first decentralized digital asset trading platform. GIBX DEX is built through the Defi decentralized smart contract underlying technology to achieve openness, fairness, and justice. Every step can be queried on the chain to build a truly decentralized trading platform.

In the view of the GIBX DEX team, the first important point of DEX is to truly achieve decentralization. In the past, centralized exchanges were at the top of the food chain of the digital currency industry. Regardless of whether the market was bullish or bearish, the market was hot or deserted, the exchanges had been relying on listing fees and handling fees to ensure their income due to droughts and floods. Therefore, the exchanges have always been facing users. The performance is very strong, putting platform interests above the interests of users. What’s more, in order to obtain greater benefits, they gave up their integrity and bottom line and began to use illegal methods.

For example, the targeted liquidation of futures contracts and malicious data control in GIBX DEX to manipulate currency prices, and platforms that deceive users and cooperate with analysts to eat customer losses are not uncommon. What’s more, when there is an extreme market situation, the user can directly “unplug the network cable” and go down, so that users cannot liquidate their positions.

In decentralized exchanges, there is no possibility of doing evil, everything is on the chain. Uniswap has won the favor of the market because of this-non-custodial funds, transparent mechanism, and auditable, which are also the biggest innovations in the Defi field.

Therefore, GIBX DEX is an on-chain transaction, open and transparent, and every user can view information to ensure more security and efficiency. In addition, all users manage their wallets entirely through private keys, and the platform party cannot obtain the user’s private key. The transaction, transfer, and clearing of user assets are all chained through contracts, so the security is higher.

High barriers to using and poor experience are common problems in decentralized exchanges and even various Defi products. Based on this, GIBX DEX strives to be minimal in product design and operation thresholds. As a start-up platform, GIBX DEX cannot be compared with the industry’s leading platforms in terms of user transaction data, but GIBXchange’s operating speed and transaction speed are better than most DEX platforms.

In short, GIBX DEX is here, higher, faster, and stronger.