Introduction

Getting to Know Lynx

What is Lynx?

Lynx is an advanced decentralized perpetuals exchange offering high-leverage trading on crypto, forex, and commodities using any ERC-20 token as collateral. Lynx eliminates price volatility risk from the collateral asset, allowing any asset - from governance tokens to meme coins - to be collateralized without additional liquidation risks. Lynx brings new utility to all tokens in the crypto space, enabling traders to gain exposure to other assets without ever selling their holdings.

Key Features

Traders:

• Any Token as Collateral: Use any listed token - from governance tokens to memecoins - as collateral to trade perpetuals. We are constantly supporting new collateral options.

• Price Volatility Protection: Price fluctuations in the collateral asset do not impact the health of a trader's position or move them closer to liquidation

• No Gas Costs: Signing intents rather than ordinary transactions lets users trade perpetuals without paying any gas fees or needing to hold a chain's native token

• Guaranteed Payouts for Successful Traders: Funds are earmarked on every trade to ensure that profitable positions are paid out, regardless of black-swan events or bank runs

Liquidity Providers:

• Single-Asset Liquidity Provision: Tailor exposure to specific assets by providing liquidity to select single-asset pools rather than a multi-asset basket (plus no impermanent loss)

• Fee Generation: Absorb trading fees from traders including opening/closing fees, interest payments, liquidation fees, and more.

• Limited Counterparty Risk: Funding rates exchanged between traders help balance open interests and reduce exposure to trader P&L

Listing your Token

Any protocol, DAO, or blockchain can easily list their token as a supported collateral asset on Lynx, enabling token holders to use it to trade perpetuals. Listing your token on Lynx has many benefits:

• Increased Utility for the Token

• Revenue Opportunities for Token Holders

• Customizable Listing (eg. determine which instruments are tradeable using your token)

Lynx can support any ERC-20 token in an instant, regardless of which chain it's deployed on.

Listing your token as a collateral asset on Lynx does not:

• Allow traders to short your token - only use it as a collateral asset

• Sell off your token during liquidations: liquidations create no negative price impact or risk of cascading events

With the flexibility to support any collateral asset, listing on Lynx is quick and easy. To learn more about integration, contact us.