what's 0xMarkets?
0xMarkets is a decentralized exchange (DEX) built on the Cartha platform, designed to facilitate trading with an initial focus on foreign exchange (FX) markets. It aims to provide a competitive alternative in the DeFi space by leveraging blockchain infrastructure for transparent and efficient trading experiences. The project integrates with ecosystems like Bittensor's SN8 subnet, positioning itself as a potential hub for prop trading firms. It emphasizes decentralization to address issues in traditional prop firms, such as opacity and predatory practices, through onchain mechanisms for payouts and capacity scaling using collateral tokens like alpha.
0xMarkets testnet is live, launching with Cartha (Subnet 35) while preparing for Bittensor halving.
Links
x.com/0x_marketsReached $250k locked miner deposits on SN35 Cartha testnet/subnet, with $130k committed for the next epoch, and $337k USDC locked.
Platform testnet is now live, initiating launch sequence with Cartha (Subnet 35).
The project prepares for the Bittensor halving event this week.
Dual rewards system introduced with Alpha token and trading fee distributions to incentivize participation, with public release targeted by end of year.
v1 release expected imminently for this perpetual DEX built on Bittensor subnet 35 cartha.
Partnership announced with Bittensor's subnet 35 (Cartha) to power $7.5T in daily on-chain volume.
Platform announces upcoming launch in partnership with GTaoVentures, integrating Bittensor's Subnet 35 for liquidity provision with beta access now available.