PepperDEX is a grassroots, community-driven perpetual and expiring futures decentralized exchange platform, powered by Hxro Network.
It offers a robust set of decentralized financial primitives to enable liquid, margin-based speculation on the hottest cryptocurrencies. The recent regulatory restrictions and consequential unavailability of CEXs in certain regions are forcing more and more volume to decentralized derivatives protocols. However, DEXs are plagued with low liquidity, capital inefficiency, imitative features, and incentive mechanisms. PepperDEX aims to be at the frontier of deep orderbook liquidity, extreme capital efficiency, exciting new features, and innovative incentive mechanisms designed from the ground up.
PepperDEX is powered by Hxro Network. Hxro Network has the most well-designed, innovative liquidity solution in crypto. Their derivatives protocol, Dexterity - is a global order book for derivatives that allows all Hxro Network dApps to share and grow the same global liquidity instead of bifurcating and competing for it. The Dexterity protocol is also the epitome of capital efficiency, utilizing its dynamic margining and risk engine, SPANDEX, to determine user account leverage based on portfolio risk.
It doesn't stop there. PepperDEX will also include elements that have never been seen on Solana before, such as democratized market-making on Hxro Network and permissionless vaults to enable capitalization and execution of trading strategies on the exchange.
Finally, PepperDEX will capture powerful network effects through its synergistic relationships with other network applications leveraging Dexterity and Hxro’s robust incentive-based ecosystem, as well as its own.
