MUX Protocol (MCB)

What is MCDex?

For Coin and Token enthusiasts, MCDex must be no stranger. However, MCDex is an extremely confusing concept for first-timers.

Highlights of MCDex (MCB)

– Security: When it comes to MCB, security is the most prominent feature. Securing the ecosystem based on smart contracts is the top priority of all products in the field of decentralized finance. MCDEX perpetual contract code will be fully tested first, ensuring 100% test coverage for all possible code branches.

– In addition, MCDex (MCB) cooperates with many well-known security teams in the industry to comprehensively test smart contracts. Open Zeppelin and ConSensys Diligence are the team that performed the security testing of MCDEX's Mai Protocol V2.

– Complex decentralization of perpetual contracts is an indispensable feature of MCB. It requires comprehensive protective measures to prevent and eliminate potential harm within. That is why Coin68 focuses on further research on software protection measures, global settlement mechanisms and risk assessment, etc.

Functions of MCDex (MCB)

AMM and Order book support: The MCDEX exchange allows users to access Perpreptual contracts on both on-chain AMM and off-chain Order books.

– Trade on AMM: With this function, MCB has an easy-to-see interface and is completely decentralized. However, it also has a very high risk of falling prices.

Trade on Order book: Although difficult to off-chain, Trade on Order book has a familiar interface and better liquidity.

MCFUND: This service is built for new investors who do not have much knowledge to make perpetual contract transactions. MCFund allows users to invest by depositing their assets into the fund, making the process simpler. Bots and social traders will manage the funds by giving them trading strategies. Thereby, MCDex (MCB) provides a platform for various traders. Towards the common goal of creating profits together.

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