Defx

Defx is an exchange that operates on a decentralized model and Layer 1 platform, providing perpetual futures with leverage of up to 25x in standard markets and 1000x in Degen mode. Constructed on Tendermint’s consensus and compatible with EVM, Defx offers a centralized exchange experience devoid of counterparty risk and usability compromises. Contracts can be found on Arbitrum, Solana, TON, Base, Ethereum, and various other EVM-compatible chains. Characteristics encompass liquidity vaults, multi-collateral backing, timely funding, and additional options.

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