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…

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…