icon - Position Exchange
POSI Position Exchange
+ 0.85%
$ 0.01696243
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • -
    Position Exchange
    $ 0.01696243
    $ 1,356,544
    $ 31,553
    79,973,466 POSI
    + 0.85%

Position Exchange. Price of cryptocurrency: $ 0.01696243

The new Decentralized Trading Protocol, powered by a vAMM, aims to bridge the gap between people and thecryptocurrencies markets and enhance trading experiences.
The protocol offers easy and accessible Derivatives Trading in which users can trade Crypto Derivatives Products fully on-chain transparently and trustless, with high security, and privacy with a plan to expand into other assets in the future. The platform is designed to bring the traditional Centralized Finance experience and tools onboard.
A user-friendly interface was designed by the team at Position Exchange.
Unlike most of the recent token created by other exchanges, POSI comes with a different approach. All fees and revenues from the protocol will be distributed back to POSI holders by a mechanism called Buy- Back and Burn.
Stake, Farm, and Cast NFTs can be used by holders to grow their POSI balance as well as participate in Position Exchange's governance.
Our vision is to make Decentralized Derivatives trading easy and available to everyone as well as to build the most community-driven platform in the DeFi industry, where every single user plays an important part of the decisional process.
There are developments and a road map.
The position exchange has been going on for a while. A month ago, the platform was public and started to gather a good community around. Following a meticulously planned schedule, the features will be developed step by step. The farming feature and the token were released to the public.
The mainnet will launch in September. In order to reduce on-chain gas fees position exchange will move to multichain.