SparkSwap Partners with ApolloX to Launch a Perpetual Futures Trading, Revolutionizing Decentralized Trading
An Inside Look at the SparkSwap and ApolloX Partnership and their Perpetual Futures Exchange
The world of trading has evolved rapidly over the past few years, with digital assets gaining popularity among investors. As a result, new trading platforms and technologies are emerging to meet the growing demand for these assets. SparkSwap, a full-service, decentralized finance platform, is one such platform that aims to deliver financial solutions to leverage and unlock the true value of one’s assets and paves the way to the future of finance. Hence, the team is excited to bring a new feature in partnership with ApolloX, a leading decentralized solution shaping Web3 trading. And they offer the biggest decentralized crypto derivatives exchange on BNB Chain, ApolloX DEX, and ready-to-go derivatives trading solution ApolloX DEX Engine.
What is Perpetual Trading?
Perpetual trading is a type of trading that allows traders to bet on the future value of an asset without physically owning it. This type of trading is popular in the cryptocurrency market, where the volatility of digital assets provides the potential for profit.
Perpetual trading is accomplished through the use of perpetual futures contracts, which are types of derivatives that allow traders to speculate on the future price of an asset. These contracts have no expiration date, and the positions can be held indefinitely. Contracts are settled on a regular basis, often every eight hours, and the settlement price is determined by the asset’s spot price now.
Perpetual trading is typically done on decentralized exchanges, which are platforms that allow users to trade cryptocurrencies without the need for a central authority. These exchanges use smart contracts to execute trades, which helps to ensure that trades are executed fairly and securely.
To learn more about Futures trading, feel free to check and read the following ApolloX’s guides on how to use Perpetual Trading.
➡️ 📖 Beginners Guide
➡️ 📖 More How-to Guides for Futures Trading
SparkSwap and ApolloX Partnership
The SparkSwap Perpetual Futures Exchange is developed in partnership with ApolloX Finance. This collaboration is significant because it brings together two decentralized platforms that are focused on disrupting traditional industries. By leveraging ApolloX’s stable trading infrastructure, deep liquidity, and market depth, partners of ApolloX’s perpetual futures engine can introduce derivatives trading to their users with confidence and ease.
ApolloX DEX Engine Architecture
The ApolloX DEX Engine Architecture uses an order-book model to support futures trading, providing a smooth user experience and excellent market depth.
ApolloX’s main architecture is its “off-chain matching + on-chain settlement” model. Transaction matching is done off-chain in the cloud while fund settlement and custody are done on-chain, allowing for higher throughput, increased privacy, robust security, and API support for quantitative trading.
Conclusion
The partnership between SparkSwap and ApolloX has resulted in the creation of the SparkSwap Futures, a revolutionary decentralized perpetual futures trading platform that is fast, affordable, and accessible to all. This platform enables traders to capitalize on market volatility without physically owning the assets. It is expected to be a game-changing solution for traders looking to benefit from perpetual trading.
The SparkSwap Perpetual Futures Exchange is just the first step in this partnership, and there are sure to be more exciting developments in the future.
Stay tuned for more information about this new feature and the benefits it will bring to SparkSwap and SFUEL in the long term. There are a lot more possibilities to uncover, until then, we would like to invite you on our upcoming Open Beta Trading Competition this May before we finally launch this new trading platform! We will post official launch dates and competition mechanics, so keep following our official accounts and be part of our announcement channels!
🌐 SparkSwap Official Links
Website | Twitter | Facebook | Instagram | Telegram | YouTube
🌐 ApolloX Official Links
Learn more about SparkPoint and SparkSwap from the following links:
🏠 SparkPoint Website: https://sparkpoint.io/
⚡️ SparkSwap Website: https://sparkswap.finance/
🪙 Get SRK: https://srk.sh/trade
⛽️ Get SFUEL: https://srk.sh/tradesfuel
📢 Telegram Announcements (SparkPoint): https://t.me/sparkpoint
📢 Telegram Announcements (SparkSwap): https://t.me/SparkDeFiOfficial
🏘 SparkPoint Community on Telegram: https://t.me/SparkPointOfficial
🏘 SparkSwap Community on Telegram: https://t.me/SparkDefi
👋🏽 SparkPoint Twitter: https://twitter.com/sparkpointio
👋🏽 SparkPoint Facebook: https://facebook.com/sparkpointio
👋🏽 SparkPoint Instagram: https://instagram.com/sparkpointio
👋🏽 SparkSwap Twitter: https://twitter.com/SparkDeFi
👋🏽 SparkSwap Facebook: https://www.facebook.com/SparkDeFi
👋🏽 SparkSwap Instagram: https://www.instagram.com/sparkdefi/
