Matrix Labs

Matrixswap Development Updates #6 (Week Ending Friday, Dec 9)

Welcome back to another Weekly Development Update from Matrixswap. Since the launch of our Perpetual DEX and our major upgrades to our DEX Router, we’ve been quite busy! We’re also planning a lot of changes and additions to our lineup within the near future. A lot to look forward to.

Here are this weeks’ updates!

Matrixswap Perpetual v1

We’ve launched our Perpetual DEX this past week. You can read more about it here.

During the past week, we have done the following -

  • We are working on implementing changes to the user interface — changes similar to the DEX Router.
  • Also in the works is a single-sided $MATRIX staking pool where the stakers are compensated with trading fees from DEX.
  • Also, preparing mock USDC for trading competition that will happen soon.
  • Worked on improving Polygon RPC issues & updated the smart contracts to add a partial closing feature.

Matrixswap DEX Aggregator

We are finalizing the major changes being made to our DEX Aggregator.

During the past week, we have done the following -

  • Fix the bugs and errors found on BSC and have added ‘Buy Matrix’ functionality.
  • Also working on implementing a new chain to our DEX Router.

As always, thanks for reading.

See you next week.

About Matrixswap

Matrixswap is a fully decentralized virtual-AMM-based perpetual swaps trading protocol deployed on the Polkadot, Cardano, and Polygon blockchains. Unlike traditional AMMs, users can long or short any assets’ perpetual contracts with up to 25x leverage. Matrixswap aims to be a fully community-owned and governed Defi protocol.

Use The Matrixswap DEX Aggregator on Polygon & BSC

Matrixswap’s DEX Aggregator is now LIVE on two different chains — Polygon & BSC (Binance Smart Chain). Trade all of your favorite assets within these two chains and enjoy the unique features Matrixswap has to offer.

Use it here — https://router.matrixswap.io/

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