These 7 products are shaping the future of DeFi
The future of trading in DeFi is social trading. Because no human can follow all the pairs, all the niches of DeFi. Why not trust the top trader in NFT projects when you don’t have the time to keep track of everything in the rapidly-moving NFT world? Why not trust the Layer 2 expert trader to find the next gem? Anyone who wants to have an edge on the market and keep up with all of its moves will need to trust someone who eats, breathes, and lives trading a specific niche of DeFi.
But manual following is slow and horribly ineffective. One needs a platform and/or a collection of tools to automate as much of the discovering, following, and profiting from successful traders as possible. It should be as simple as “I can see that John is great at platform tokens. Copy John.”
But who will create all those tools? Well, as the DAO dedicated to bringing social trading to DeFi, the Dexe Network is on this. We are introducing no less than 7 products to market — all playing a key role in creating a massive DeFi social trading ecosystem much more powerful than the sum of its parts. This is how social trading will become the easiest and most rewarding thing to do in DeFi. Here are the products creating the future of DeFi, today:
- Dexe Investment
This is it — the most important things in DeFi all in one place. This is how you do social trading well. Dexe Investment will connect traders and investors in the most transparent and mutually rewarding ways, allowing for entirely new forms of profiting from cooperation. All you will have to do is log in, select the traders you want to invest for you and assign funds to them. The entire process will be as simple and transparent as can be. The best part is having access to the best traders at your fingertips with transparency and accountability to keep your funds safe.
2. Limit Swaps
Trading only market orders is not really trading — it’s reacting to the market. Meaningful social trading requires more complex order types. For traditional finance traders, limit orders are so obvious that they can’t even imagine not having them. But in DeFi DEX trading, it’s an entirely different story. We will offer 3 types of limit orders for DEXs: market limit orders, partial execution (up to a target price) limit orders, and hybrid DEX + CEX limit orders.
3. Decentralized Tournament Service
How do you know who’s a good trader if the best traders don’t compete head on? This could be both beneficial and fun. As DeXers already know, we ran the very successful first-ever DeFi trading competition recently and will run more soon. When something works so well, it’s only natural to turn it into a product that other projects can use to their benefit and that of our community. It’s also helping to discover top traders that can become an integral part of our social trading ecosystem, benefiting themselves and those who trust them with their funds.
4. Wallet Info
Already released and popular, this tool allows you to check the historical profitability of any ERC-20 wallet with a convenient breakdown by time and asset. Want to find successful traders, whales, insiders, etc.? Start with Wallet Info — it is that first building block that will make social trading a roaring success. Once you know who/which wallets are making the best trades (consistently and in specific niches), you can form your social trading strategy and plan for success.
5. Wallet-to-Wallet Copying tool
Here is an open secret: some of the top traders in that first DeFi trading marathon succeeded because of their (perfectly legal) use of our W2W Copying tool. Once you find the most profitable wallets via Wallet Info, why not automatically copy their future trades in assets you are interested in? This is the first tool allowing you to do social trading right now, with a number of customizations. And it’s totally free.
6. Kattana Trading Terminal
Kattana started out as a separate project from us. But we quickly saw its value to the Dexe Ecosystem and so did they. Kattana’s team integrated the product and themselves into our DAO and universe of products. Together, we are bigger and stronger, and a lot closer to the DeFi dream of finance that’s not just as good but better than traditional finance. Kattana is the trading terminal for DeFi and will make DeXe the one go-to place for all DeFi trading needs.
7. Anti-sniping Bot Service
It’s not enough to be able to invest in successful new projects before they hit big — too many projects get exploited early on, destroying value for both traders and its own community. Sniping bots are one of the biggest problems for new listings. We had such success helping Kattana’s initial AMM listing avoid the sniping bot plague that other projects noticed. After helping several with their listings, a new product was born. With social trading being so important, we are creating tools not only to trade but to make the entire ecosystem stronger and more secure.
Social trading is the future of trading, and these 7 products are leading DeFi to its success. Next, we’ll talk about each of these in detail in a separate article. Stay tuned…
About DeXe
Dexe.network is a decentralized social trading ecosystem that operates via autonomous smart contracts and includes tools for virtual currency allocation and automatic rebalancing. It eliminates the risks of transferring digital wallet details such as private keys and API or any virtual currency data to a third party. Most importantly, the DeXe Network connects successful traders and followers in a transparent, verifiable way for the benefit of both groups.
Website: https://dexe.network
Official telegram channel: https://t.me/Dexe_network
Official telegram EN chat: https://t.me/dexe_network_official_chat
Facebook: https://www.facebook.com/dexe.network
LinkedIn: https://www.linkedin.com/company/dexe-network
Twitter: https://twitter.com/DexeNetwork
