Crypto moves fast. The start of 2022 saw all time highs and boundless optimism. Fast forward 10 months and crypto has fallen from grace. In the fallout, many projects continue to BUIDL and prepare for the next bull market. If you’ve noticed the growing demand for decentralized trading and crypto derivatives, you’re not alone. Utilizing a ready-to-go solution can then be one of the most impactful decisions you can make for your project.
These are the must-haves you should know when choosing a decentralized trading solution!
1. Technology-first decentralized trading
Too often, solutions are haphazardly developed to capitalize on the latest buzzwords in crypto. What use would it be if your platform regularly breaks down and trades fail all the time?
The right derivatives DEX solution would be built on a strong and sound technological base, and you should know how the underlying technology facilitates decentralized trading. This will differ from solution to solution, but know which technologies are tried and tested for crypto derivatives, and which sound like marketing gimmicks.
It’s also useful to look at the credentials of the developer. Great if they are established in the derivatives space. Better yet if their partner ecosystem involves reputable projects.
2. Seamless user experience
There’s a reason why user interface (UI) and user experience (UX) can make or break a platform. Providing a seamless trading experience better engages your users and encourages them to trade.
Choose a solution that makes your new DEX look and feel like an extension of your platform. Many solutions only offer one look — the one that the developer decides on. Ensure that you can dress your DEX in your branding and brand colours to help your users trust and use your new product.
The ApolloX DEX Engine excels in this. Instead of providing the same ol’ ApolloX interface for its partners, DEX Engine offers a fully customizable frontend interface to give your users a native DEX experience.
Compare the difference in UI branding between ApolloX (top) and ApeSwap Pro (bottom)
3. Flexibility for your business needs
Communicate clearly to the solutions provider on what your project needs. Do you want to expand your product line? Pivot your strategic direction? Add more trading options for your users?
The best solutions seem tailor-made for you. In addition to a fully functional DEX, the right solution should offer customizable options like being able to use your native token as trading fees, referral incentives and advanced trading tools that would help cater to your specific business requirements.
This modular format ensures that you can adapt and adjust quickly in the dynamic crypto world.
4. Minimal logistical concerns
We know that launching a new product takes months and even years. The costs and effort needed to develop and set up a new derivatives DEX can far outweigh the potential benefits. Thus, the solution you choose should ideally minimize the lead time and resources required from you. Wouldn’t it be great if your team could focus on other pressing concerns?
At ApolloX, this setup can take just one week, as was the case for ApolloX DEX Engine partner ApeSwap Pro. Read our case study with ApeSwap Pro to find out more.
Did we also mention that onboarding with ApolloX DEX Engine is free?
5. Dedicated account team support
Who doesn’t want outstanding service standards and efficient feedback?
A great solutions provider should understand the best ways to support their clients, and this often boils down to providing effective support for their clients and their clients’ users. We know that, hence ApolloX DEX Engine provides both customer and marketing support to partners.
Direct your users to ApolloX customer support to get their urgent enquiries answered. As a partner, your project can also access a marketing repository (free of charge) to adapt design collaterals and user campaigns for your user engagement strategy.
Snapshot of ApolloX DEX Engine marketing repository for partners
Offer fully functional decentralized derivatives trading
ApolloX’s one-stop solution ApolloX DEX Engine helps businesses set up their own derivatives DEX. 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.
Set up your DEX in a few days
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.