what's Citrex Markets?

Citrex Markets is a decentralized exchange (DEX) built on the Sei blockchain, specializing in perpetual futures trading with up to 20x leverage. It enables users to trade major cryptocurrencies like BTC, ETH, XRP, and SEI in a non-custodial environment, leveraging Sei's high-throughput infrastructure for fast execution and low fees. The platform aggregates liquidity from multiple sources to provide deep order books and minimize slippage, making it suitable for both retail and institutional traders seeking exposure to crypto derivatives without centralized intermediaries. At its core, Citrex uses automated market makers (AMMs) optimized for perpetuals, combined with oracle feeds for accurate pricing. It supports features like isolated margin trading, stop-loss orders, and API integrations for advanced strategies. As part of the Sei ecosystem, Citrex benefits from cross-chain compatibility and focuses on scalability, security through audited smart contracts, and community governance to evolve the protocol over time.

Citrex Markets is a recent launch in the Sei ecosystem, contributing to its growth momentum.