Today, two trends are playing out.
Firstly, decentralized exchanges (DEX) are seeing a demand boost. Traders increasingly migrate from centralized exchanges (CEX) to DEXes as they seek increased privacy and self-custody of funds. Secondly, more companies are acquiring derivatives trading platforms to enter the very lucrative crypto derivatives market - worth $4.96 trillion in 2021. For example: Equities market operator Cboe Global Markets acquired spot and CFTC-regulated futures exchange ErisX in May to offer digital assets trading. Crypto exchange Coinbase also acquired and rebranded derivatives exchange FairX into its own derivatives business this year.
The crypto derivatives market is growing and traders are looking for more decentralized options. There is opportunity here. How can your business leverage these trends to stay competitive?
Setting up a crypto derivatives DEX is hard
Setting up a DEX may be the no-brainer if your business wants to stay relevant. However, you would have a host of considerations including developing a visually appealing yet functional platform, safeguarding against threats and so on.
This is even more so for crypto derivatives. DEXes mainly utilize an automated market model (AMM), which uses liquidity pools to conduct token swaps. However, crypto derivatives involve trading financial contracts based on the underlying asset, not the actual asset itself. You’d have to rely on order books with maker-taker models for derivatives trading. However, how can you best develop an effective order matching system and ensure liquidity for the best trading experience?
Giant corporations have resources and manpower, but for many businesses, these require months — if not years — of R&D and beta testing.
A working alternative is a ready-to-go solution like ApolloX DEX Engine. Read on to find out how your business can benefit.
ApolloX DEX Engine, one-stop derivatives trading solution
The ApolloX DEX Engine helps your business to build your own branded futures trading exchange.
Leveraging on ApolloX DEX Engine, you will enjoy a customizable frontend interface with end-to-end support from ApolloX on the backend. Expect stable trading infrastructure, deep liquidity and market depth with a multitude of benefits.
Enrich your ecosystem
Launch your new platform and grow your ecosystem. Your new DEX, powered by ApolloX DEX Engine, will offer perpetual futures.
Perpetual futures are a type of derivatives financial contract with no expiry date and no physical settlements. They are commonly used to hedge against risk and users can gain profit in both bear and bull markets by opening short or long positions.
Differences between crypto spot and futures
Read our case study with ApeSwap to find out how they launched a crypto futures Pro trading platform for advanced traders in a week.
Monetize your traffic for additional revenue
Enjoy free onboarding when you submit a successful application to ApolloX DEX Engine. You will even open up an additional revenue channel for your business by earning commission on transaction fees!
Share a guaranteed minimum 50% in profits with ApolloX. Commission can go up to 70%. The higher your platform’s trading volume, the higher your profits.
ApolloX DEX Engine Profit Sharing Model
Set up your DEX in a few days
Whether your business wants to expand into the derivatives market, cater to both beginner and pro traders in your user base, or even add more use cases to your native token (ask us about this!); ApolloX DEX Engine promises a fuss-free, ready-to-deploy experience. Furthermore, you can expect marketing and customer support from ApolloX to ensure a smooth onboarding.
3 Simple Steps
1. Fill in the application form and submit
Our dedicated support team will review each submitted application with care. Successful applicants will be guided to proceed to the next step.
2. Create your own domain name
Before you start, help your users easily identify you by creating your branded domain name.
3. Download our proprietary SDK and customize it according to your preferences
Customize the ApolloX DEX Engine SDK to better cater to your business needs. After mandatory testing, prepare for launch.
Submit your application now!