Position Exchange Derivatives Trading Protocol details
Position Exchange is introducing its Decentralized Perpetuals Trading Protocol (DPTP). A protocol that runs FULLY On-chain where there is no need for a 3rd party to maintain the Orderbook, matching engine, and offers different types of orders (Limit, Market, leveraged trading...).
There is no need for users to deposit funds on the smart contract, users can trade straight from their wallets. By using on-chain order books we aim to create an efficient, fair, and trustless financial market that is not controlled by any centralized organization.
Benefits of Trading on Position Exchange:
Highly Intuitive: Experience speed on our protocol. Trade quickly on an easy-to-use platform.
Increased Privacy: No sign-ups required: Simply connect your wallet and you are all set.
More Security: Trade directly with no intermediaries. More autonomy in a decentralized environment.
Low fees: Experience low gas fees on transactions
Easy access: Trade directly from your wallet without the need of depositing.