BSX – The first CLOB Perp Exchange to launch on a basic layer 2 blockchain

April 1, 2024 – Grand Cayman, Cayman Islands

Backed by the Base Ecosystem Fund, BSX raises the bar as one of the world’s leading high-performance DEXs (decentralized exchanges), offering the best of both worlds by combining the benefits of CEXs (centralized exchanges). We plan to provide an enhanced DeFi trading experience. exchange), using the self-custody feature of the DEX. BSX will begin trading at base layer 2 mainnet alpha on April 1, 2024.

After the end of the public testnet trading phase in the first quarter, the BSX The new standard for highest performance DEX is scheduled to begin trading on its base layer 2 mainnet alpha on April 1, 2024.

BSX is backed by a number of prominent investors, including Base Ecosystem Fund, Bankless Ventures, CMS Holdings, No Limit Holdings, Saison Capital, Kyros Ventures, and WW Ventures.

BSX is also advised by Arthur Hayes, founder and CIO of Maelstrom and co-founder of BitMEX.

BSX aims to provide the ultimate DeFi trading experience, combining the liquidity, premium UX, and user-friendly features of CEX with the pricing and self-custody features of DEX.

By leveraging the Base network, BSX provides ultra-fast trading and low trading fees while ensuring transparency and accuracy through on-chain payments.

BSX also streamlines the interface and flow for retail traders, allowing them to easily connect to existing wallets, enable one-click trading, and execute transactions securely on-chain.

BSX users will have access to a wide range of crypto products including permanent, spot and more. Everything in one place.

Main products include:

  • low gas trading Base transaction costs are minimal and highly optimized, allowing for near gas-free settlements. This makes the total transaction cost comparable to CEX.
  • unparalleled performance Our high-performance trading engine provides extremely low latency and instant guaranteed execution. Combined with the one-click instant trading feature, it provides an experience that: if not better than that CEX trading.
  • Self-management and transparency BSX settles all trades on-chain, giving you full control of your funds with no hidden counterparty risks. your keys, your coins.
  • API integration BSX’s “Delegated Keys” feature simplifies the use of external trading terminals without exposing your private keys or relinquishing control of your funds.

BSX launches private testnet in November 2023 We welcome early adopters from our extensive waiting list of 80,000 members 5,000 traders participated in the public testnet in January 2024, contributing to strong growth of $5 billion in total trading volume during the period.

BSX is positioned to compete with major CEXs such as Binance and OKX, with crypto perpetual trading to begin in April 2024, followed by other products later this year.

Visit our website to trade and join our upcoming exciting rewards program for new traders or visit:

X | Discord | Document


Henry N, BSX Protocol Foundation Core Contributor

This content is sponsored and should be considered promotional material. The views and statements expressed here are those of the author and do not reflect the views of The Daily Hodl. The Daily Hodl is not a subsidiary or owner of any of his ICOs, blockchain startups, or companies that advertise on our platform. Investors should conduct due diligence before making high-risk investments in ICOs, blockchain startups, or cryptocurrencies. Please note that investments are made at your own risk and you are responsible for any losses you may incur.

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