DX25 Labs Launches Its MultiversX-based DEX on Public Testnet
by
FM
DX25 has officially launched its public testnet.
DX25 Labs has officially launched the public testnet for its powerful new decentralized exchange (DEX) built on the MultiversX blockchain ecosystem.
The platform is set to introduce a robust set of DeFi tools aimed at both individual and institutional traders in the MultiversX ecosystem.
After announcing that DX25 Labs had raised $750k in seed funding in early March, it has officially launched its public testnet, which will offer users the opportunity to try out some of the features the platform offers.
The company aims to bridge the divide between TradFi and DeFi with a comprehensive suite of products tailored to both sides of the aisle - novice and professional traders in the MultiversX ecosystem.
“Over the last few months, our team has worked tirelessly on preparing DX25 for launch. The public test net will give users a glimpse into what we have planned for the platform as we prepare to launch a comprehensive suite of trading features throughout the course of 2023 and beyond. We’ve set out to build a powerful new trading platform for the MultiversX ecosystem that offers a robust set of features without overcomplicating the overall user experience,” said James Davies, Chief Product Officer of DX25 Labs.
DX25 was developed by Tacans Labs, the DeFi builder arm of Switzerland-based Tacans AG, with a team of over 40 staff dedicated to developing and marketing the platform.
The public testnet will offer users the ability to try out some of its features, such as swapping and the creation of liquidity pools that make use of its concentrated liquidity and multiple fee levels.
Together with the launch of its public testnet, the company has announced a rewards program aimed at incentivizing early users of the public testnet.
DX25 has allocated a total of 100,000 USD worth of $DX25 tokens for its rewards program, which will require users to use and promote the platform actively.
About DX25 Labs
DX25 is a feature-rich decentralized trading platform built on the carbon-neutral MultiversX blockchain. Its combination of DeFi and TradFi features sets it apart in a sea of similar DEXes. The leadership team includes award-winning entrepreneur Mathias Lundoe Nielsen, and industry veterans, James Davies, Ivan Ivaschenko, and Marie Tatibouet.
For more information, visit www.dx25.com
About Tacans Labs
Co-founded by Danish entrepreneurs Lars Seier Christensen, founder of Saxo Bank and Concordium blockchain, and Mathias Lundoe Nielsen, an award-winning serial entrepreneur with multiple tech ventures, Tacans Labs is the DeFi arm of Tacans, a web3 venture builder invested in the future economy of blockchain by building, funding and acquiring cutting-edge Web3 companies.
Started in 2021, the group’s portfolio comprises of seven Web3 companies across multiple sectors with a combined valuation of $63M+.
For more information, please visit www.tacans.com
DX25 Labs has officially launched the public testnet for its powerful new decentralized exchange (DEX) built on the MultiversX blockchain ecosystem.
The platform is set to introduce a robust set of DeFi tools aimed at both individual and institutional traders in the MultiversX ecosystem.
After announcing that DX25 Labs had raised $750k in seed funding in early March, it has officially launched its public testnet, which will offer users the opportunity to try out some of the features the platform offers.
The company aims to bridge the divide between TradFi and DeFi with a comprehensive suite of products tailored to both sides of the aisle - novice and professional traders in the MultiversX ecosystem.
“Over the last few months, our team has worked tirelessly on preparing DX25 for launch. The public test net will give users a glimpse into what we have planned for the platform as we prepare to launch a comprehensive suite of trading features throughout the course of 2023 and beyond. We’ve set out to build a powerful new trading platform for the MultiversX ecosystem that offers a robust set of features without overcomplicating the overall user experience,” said James Davies, Chief Product Officer of DX25 Labs.
DX25 was developed by Tacans Labs, the DeFi builder arm of Switzerland-based Tacans AG, with a team of over 40 staff dedicated to developing and marketing the platform.
The public testnet will offer users the ability to try out some of its features, such as swapping and the creation of liquidity pools that make use of its concentrated liquidity and multiple fee levels.
Together with the launch of its public testnet, the company has announced a rewards program aimed at incentivizing early users of the public testnet.
DX25 has allocated a total of 100,000 USD worth of $DX25 tokens for its rewards program, which will require users to use and promote the platform actively.
About DX25 Labs
DX25 is a feature-rich decentralized trading platform built on the carbon-neutral MultiversX blockchain. Its combination of DeFi and TradFi features sets it apart in a sea of similar DEXes. The leadership team includes award-winning entrepreneur Mathias Lundoe Nielsen, and industry veterans, James Davies, Ivan Ivaschenko, and Marie Tatibouet.
For more information, visit www.dx25.com
About Tacans Labs
Co-founded by Danish entrepreneurs Lars Seier Christensen, founder of Saxo Bank and Concordium blockchain, and Mathias Lundoe Nielsen, an award-winning serial entrepreneur with multiple tech ventures, Tacans Labs is the DeFi arm of Tacans, a web3 venture builder invested in the future economy of blockchain by building, funding and acquiring cutting-edge Web3 companies.
Started in 2021, the group’s portfolio comprises of seven Web3 companies across multiple sectors with a combined valuation of $63M+.
FXIFY Celebrates 1 Year Anniversary: Establishing Itself as an Industry Leader
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
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Looking to expand your network in #Africa?
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Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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