Matrix Labs Monthy Update (January 2022) — Development Updates, January Highlights, and More
Welcome to another Monthly Update from Matrix Labs!
2022 is off to a great start! Time really does fly when you’re constantly building and shipping, huh?
January has been a very rewarding and busy month for the Matrix Labs team. A complete rebrand with a new vision and goals to change the game in the DeFi space.
Let’s go over what went down in January.
- Matrixswap has integrated the Fantom blockchain.
- Trading Competition was a success.
- Smart Contract Audits by Halborn Security
- A rebrand from Matrixswap to Matrix Labs
Fantom Integration Into Matrixswap
Our amazing DEX Aggregator, Matrixswap, has integrated yet another amazing new blockchain, Fantom into its lineup. You can now trade on up to 4 different chains — Polygon, BSC, Avalanche, and Fantom.
Next, the team is hard at work to add Moonbeam and Moonriver as our next targets.
Start swapping here — https://router.matrixswap.io/
Our Perpetual DEX is also getting ready for mainnet which will go live VERY soon. Our team is hard at work at implementing minor bug fixes, new features, and preparing everything so you can start trading real assets on mainnet.
We’re introducing 3 initial trading pairs for you to speculate on.
- ETH / USDC
- BTC / USDC
- MATIC / USDC
Be prepared to start trading your favorite assets!
We’ve also concluded our 1st ever Trading Competition in early January. We’ve seen almost $200 million traded within 2 weeks and have reward over 100 participants with $MATRIX tokens!
Below are some quick stats from the trading competition.
Trading Competition Statistics
- BTC AMM Volume — $152,492,016 USD
- ETH AMM Volume — $47,087,447 USD
- Total # of Traders — 526
Smart Contract Audits by Halborn Security
We take security seriously and that’s why we’ve partnered with Halborn Security to complete our Smart Contract Audits for both our platforms — Matrixswap & MatrixPerp.
Matrixswap Rebrands to Matrix Labs
The decision to rebrand was a logical conclusion after an enlightening past few months of growing Matrixswap to an internal team of 9, dozens of partnerships, a multi-chain DEX aggregator, and a lightning-fast Perpetual DEX — we certainly have been busy!
While we have built amazing products already, the Matrix team has set their visions a lot higher and with that, is an opportunity to create something truly amazing in the world of DeFi.
This is why Matrixswap has decided to rebrand to Matrix Labs.
We’ve been holding an NFT giveaway for the past 3 months now with a new NFT introduced each month.
Here are the winners for the last week of January -
And here is the next NFT for February!
Next Community Call
Our next Community Call will be held on February 5th by our Project Lead, Joseph Liu. We will be answering all of the community’s questions from our Telegram & Discord channels. Since this is a start of a new year, we will be sharing plans for the roadmap ahead.
Date — Saturday, February 5th, 2022
Time — 7 AM PST / 3 PM GMT
Click this link to join us on this date and time! — https://us02web.zoom.us/j/84894188352
Thanks for reading!
About Matrix Labs
Matrix Labs is building an ecosystem of DeFi products that will interoperate to maximize returns while minimizing risks for users. Matrix Lab’s products focus on capturing unaddressed demand in DeFi in an innovative and user-friendly way that is open to everyone.
Use Matrixswap on Polygon, BSC, Avalanche, & Fantom
Matrixswap’s DEX Aggregator is now LIVE on four different chains — Polygon, BSC (Binance Smart Chain), Avalanche, & Fantom. Trade all of your favorite assets within these three chains and enjoy the unique features Matrixswap has to offer.
Use it here —https://swap.matrix-labs.xyz/