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FlowX Launches Perp DEX on Sui Blockchain with a Prize of 50,000 FLX
FlowX has officially launched Perp DEX (Decentralized Permanent Futures Trading Platform) on Sui Blockchain, aiming to provide users with a leveraged trading experience similar to #Cex while ensuring decentralization and native settlement on Sui.
Highlighted Features and Comprehensive Ecosystem
#FlowX Perp is built on Hyperliquid, leveraging liquidity depth to ensure fast and stable order execution. The platform stands out with a familiar interface, supporting multiple trading pairs with flexible leverage. The project's strength lies in its ability to easily connect capital across different services within the FlowX ecosystem such as spot, farming, and perp, allowing users to avoid using multiple discrete platforms.
Trading Incentive Campaign with Big Rewards
To celebrate the new feature, FlowX is launching the Perp Trading Competition from October 2 to October 30 with a total prize of 50,000 #FLX . The competition has a scoring mechanism based on Net Profit, Trading Volume, and community tasks.
Prizes are divided into three categories:
MVP Reward (10,000 FLX): For the top 20 outstanding traders.
Progressive Reward (Up to 35,000 FLX): Increases with total trading volume.
Pioneers Reward (5,000 FLX): For the first 500 traders to register and trade (snapshot on 06/10).
The launch of Perp DEX is a new piece, completing FlowX's vision to become the central all-in-one platform on Sui, including DEX, farming, launchpad, and aggregator.
FlowX has officially launched Perp DEX (Decentralized Permanent Futures Trading Platform) on Sui Blockchain, aiming to provide users with a leveraged trading experience similar to #Cex while ensuring decentralization and native settlement on Sui.
Highlighted Features and Comprehensive Ecosystem
#FlowX Perp is built on Hyperliquid, leveraging liquidity depth to ensure fast and stable order execution. The platform stands out with a familiar interface, supporting multiple trading pairs with flexible leverage. The project's strength lies in its ability to easily connect capital across different services within the FlowX ecosystem such as spot, farming, and perp, allowing users to avoid using multiple discrete platforms.
Trading Incentive Campaign with Big Rewards
To celebrate the new feature, FlowX is launching the Perp Trading Competition from October 2 to October 30 with a total prize of 50,000 #FLX . The competition has a scoring mechanism based on Net Profit, Trading Volume, and community tasks.
Prizes are divided into three categories:
MVP Reward (10,000 FLX): For the top 20 outstanding traders.
Progressive Reward (Up to 35,000 FLX): Increases with total trading volume.
Pioneers Reward (5,000 FLX): For the first 500 traders to register and trade (snapshot on 06/10).
The launch of Perp DEX is a new piece, completing FlowX's vision to become the central all-in-one platform on Sui, including DEX, farming, launchpad, and aggregator.
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$CETUS $SUI I posted a pledge tutorial for #FLX and was criticized by the KOL of #CETUS . I am optimistic about both projects and their operation models are similar. I just want to increase the exposure of good projects and let more recognized people participate, so that good projects can develop better. I used to promote #CETUS pledge, and I also have 1 million #CETUS pledges. Now I promote FLX because the current FLX is more cost-effective, with a total of 10 million and a total market value of only 8 million dollars. #FLX is still burning, and more than 44,700 have been burned so far. Different projects are to form competition. Under competition, the project parties will do a good job and release more policies that benefit participants.
$CETUS $SUI Simply give a tutorial on #xFLX staking
First, you need to get xFLX. There are two ways to get xFLX, one is to exchange; the other is to convert it on FlowX dapp. What is the difference between these two methods? The xFLX obtained by exchange is not fixed, it is mainly determined by the market conditions of the FLX/xFLX liquidity pool. The conversion through FlowX dapp is FLX:xFLX=1:1. You can choose any of these two methods according to the market conditions.
The second is to stake xFLX. Click the Earn->Stake menu of FlowX dapp to enter the staking page to stake.
First, you need to get xFLX. There are two ways to get xFLX, one is to exchange; the other is to convert it on FlowX dapp. What is the difference between these two methods? The xFLX obtained by exchange is not fixed, it is mainly determined by the market conditions of the FLX/xFLX liquidity pool. The conversion through FlowX dapp is FLX:xFLX=1:1. You can choose any of these two methods according to the market conditions.
The second is to stake xFLX. Click the Earn->Stake menu of FlowX dapp to enter the staking page to stake.
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$CETUS $SUI Let's take a look at some data of #FLX
Total Supply: 10 million
Circulating Supply: 4.08 million
Historical Highest Price: 2.74
Historical Lowest Price: 0.2932
Current Burn Amount: 43,456 coins
Total Supply: 10 million
Circulating Supply: 4.08 million
Historical Highest Price: 2.74
Historical Lowest Price: 0.2932
Current Burn Amount: 43,456 coins
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7625740296755996747455 Today is comparable to 312, and once all long contracts are liquidated, the bull market can start easily, and all spot can be bought in batches.
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