QuickSwap, a well-known decentralized exchange (DEX), has unveiled its latest offering called Falkor. This new platform is specifically designed for trading perpetual contracts, commonly referred to as perps. With Falkor, traders have the ability to engage in high leverage trading up to 50 times without incurring any gas fees. This innovative platform, which operates through the Polygon PoS chain gateway, provides users with access to brand-new and convenient services.
QuickPerps: Falkor has officially launched as the next-generation decentralized Perpetual Exchange on @0xPolygon PoS. Users can now trade with up to 50x leverage, enjoy zero gas fees, and benefit from deep liquidity across more than 37 supported tokens. Get ready to unleash the beast. To learn more and get started, visit the link below. [image]
The Orderly Network Powers QuickSwap’s New Falkor Exchange
Falkor is built on the Orderly Network, which serves as a foundational pillar of the capital market underlying Web3. This decentralized perpetual exchange allows users to directly deposit funds from the Polygon PoS network into a secure “vault.” Once deposited, the Orderly Network enables these funds to be used for trading purposes.
Falkor offers a user-friendly interface coupled with an exceptional user experience, making it easier for traders to navigate the platform. It provides traders with access to advanced trading tools, an order book model, and uncomplicated leverage trading options. Falkor facilitates near-instant transactions, allowing traders to execute trades simultaneously.
One notable feature of Falkor is that traders can deposit orders from the Polygon PoS to the Orderly Network without the need for rooting or bridging, which is an essential security aspect of the platform. However, the most significant aspect of Falkor is its deep liquidity, which enables traders to enter and exit positions without experiencing significant slippage. This optimized perpetual swap experience ensures that users can profitably navigate the market.
QuickSwap’s Falkor Offers High Leverage for Leading Cryptocurrencies on Polygon
QuickSwap and the Orderly Network have partnered to recruit and assist the next generation of perpetual traders on the Polygon network. This partnership aims to provide users with a seamless trading experience while leveraging the Polygon PoS widely within the blockchain industry. Falkor supports a range of tokens that can be traded with different levels of leverage. Users can trade leading cryptocurrencies such as BTC and ETH with a leverage ratio of 50x.
In addition, tokens like $BNB, $SOL, $XRP, $DOGE, and many more can be traded with a leverage ratio of 10x. Falkor is excited to implement other exciting features as it continues to evolve. The Polygon PoS ecosystem is experiencing rapid growth, with millions of users and billions of swap volumes and on-chain TVL. With Falkor now live, QuickSwap aims to become the leading blockchain platform offering a robust, efficient, and high-leverage trading experience for users.