CoinFLEX Excited to Announce Major Milestones of 2021

CoinFLEX Announcements: Significant Growth in AMM+, flexUSD TVL, Trading Volume, and Decentralization Continues Trading Volume All Time Highs Since early August, CoinFLEX has seen a tremendous increase in trading activity, climbing to a staggering high of $3 billion USD daily trading volume with Open Interest over $200 million USD. The…

How to buy CoinFLEX IFO -Polkadot?

How to buy CoinFLEX IFO -Polkadot? We are all excited about the launch of CoinFLEX IFO (Buy DOT at $75!) CoinFLEX IFO will be launching Polkadot futures contract on July 17th at 12:00 PM UTC (8:00 PM Hong Kong Time). On the day of launch, everyone can lockup 1000 FLEX for 7…

A Christmas message from CoinFLEX CEO

Hey guys! Great news, the new CoinFLEX Markets UI is out! We have a team working around the clock on improvements and new iterations as well. Our CXO will be updating us all with some sneak peaks of some of them, but right now if you login and click “CoinFLEX…

Trap of the funding rates: Perpetual Swaps v.s. Futures

With the rapid development of the digital asset industry in recent years, the corresponding derivatives market has become more prosperous. Various derivatives exchanges are also beginning to offer a wider variety of products. BitMEX launched the Bitcoin perpetual futures contract in May 2016. Other industry organizations have also followed suit.…

CoinFLEX: Who are we, where are we going, and why?

My Origins I decided 6 years ago (in 2012) that bitcoin exchanges were the most fascinating problem in the world to solve and that I wanted to devote all my efforts and energy to the space of liquidity in the “bitcoin industry”. Simply nothing seemed as fascinating as a currency…

Using FLEX to pay fees – detailed mechanism

In short: Fees are taken as previously, in USDT (spot and future settlement USDT) during trade Every 24 hours, the USDT fees are refunded back, and FLEX taken from user’s spot accounts, equivalent to half the USDT amount refunded If there is insufficient FLEX, the swap doesn’t take place. So…

Traditional Futures vs Crypto Futures Exchanges

Traditional futures enable great things. For example, buying 40 times the amount of Gold as you have dollars to support or hedging interest rates all the way out to 5 years in the future. However, they are by no means perfect and are a slow moving industry heavily tied to…