Spotted Light on Shibarium's Builder: Introduction of Perpetual Trading in Positions Exchange
The Shibarium blockchain is set to welcome a new addition to its ecosystem with the launch of Position DEX, a native perpetual decentralized exchange (DEX), scheduled for August 2025. This innovative platform promises to revolutionize trading within the Shiba Inu community, offering features such as trading, farming, and community rewards.
Trading on Shibarium
Position DEX will enable users to trade various tokens on the Shibarium blockchain, taking advantage of its ultra-low fees due to Shibarium's gas efficiency. The exchange is not a typical DEX but a purpose-built perpetual exchange created exclusively for Shibarium, promising high-speed execution.
Community Engagement and Rewards
Community members can engage with the project, earn rewards, and provide feedback through a "Testing and Earn Campaign." This initiative encourages active participation and contributes to the continuous evolution of the platform.
Building on Shibarium
The decision to build on Shibarium was inspired by its unique opportunity to grow alongside a passionate and fast-growing community. The team behind Position DEX, with experience in building various DeFi projects, finds the current momentum within the Shib ecosystem a primary motivator.
A Gap in the Market
Position DEX sees a clear gap in advanced trading infrastructure and is excited to fill it. The project aims to address the lack of native, high-performance perpetual trading infrastructure on Puppynet, providing a native, high-performance perpetual trading infrastructure for the Shiba Inu community.
The Future of Position DEX
Future plans for Position DEX include a mainnet launch and the integration of advanced trading features. The long-term ambition for Position DEX is to become the cornerstone of advanced trading on Shibarium.
While Position DEX has been implicated in favoritism allegations within the Shiba Inu ecosystem, the primary goal remains to facilitate a decentralized trading environment on Shibarium, enhancing the ecosystem's overall functionality and user experience. As the launch date approaches, the Shiba Inu community eagerly awaits the arrival of this innovative trading platform.
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