BMX / Morphex
BMX is a DeFi platform on Base and Mode offering spot, margin, and NFT trading, requiring only a wallet connection to use. We offer 3 different products:
- BMX Classic: A spot and margin trading platform based on GMX-v1 with a focus on capital efficiency and low fees. All trades are settled against a singular liquidity pool consisting of blue-chip assets, where a user can provide liquidity with any whitelisted asset, and in exchange, they receive LP tokens, representing their share in the diversified liquidity pool.
- BMX Freestyle: An intent-based trading platform with a focus on low fees and offering over 250+ trading markets, powered by the SYMMIO protocol.
- Based MediaX: An onchain avatar (NFT) and veAERO marketplace on Base with a fee of 1.9%, where listings with multiple avatars use Chainlink VRF to distribute randomly to buyers.
Morphex (MPX) is the original deployment on Fantom, equivalent to BMX Classic.
Pricing for the protocol is determined by price feeds directly from Chainlink and Pyth (opens in a new tab) for the fastest and most accurate updates. As the protocol matures, governance will eventually decide most parameters.
Last updated on November 12, 2024