Trade & Earn with HMX Protocol

HMX Protocol: The Next-Gen Decentralized Perpetual Exchange

Since HMX’s launch in 2023, one of our growth strategies has been to reward trading activities through sizable esHMX token emissions. The approach proved effective in accelerating our platform’s growth, achieving a peak daily trading volume of over $650 million and a cumulative total exceeding $30+ billion in ~6 months. This framework was essential for bootstrapping activity and establishing our presence in the competitive decentralized perpetual exchange market.

Trade Crypto, FX, and Commodity with up to 1,000x leverage on Arbitrum & Blast_l2

HMX Invitation Code

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HMX is revolutionizing the decentralized trading landscape with its next-gen perpetual protocol, offering unparalleled features on Arbitrum. By integrating cross-margin and multi-asset collateral support, HMX allows users to engage in high-leverage trading across various asset classes, including cryptocurrencies, forex, and commodities.

Leveraged Trading with Cross-Margin & Multi-Collateral Support

At the core of HMX's offering is its ability to provide leveraged trading with up to 1,000x leverage. This feature enables traders to take substantial positions with relatively small collateral. HMX supports multiple cryptocurrencies as collateral, combined with cross-margin support, which provides enhanced flexibility in managing positions and risks.

HMX — Next gen Decentralized Perpetual Exchange

HMX Products

HMX's product suite is designed to cater to diverse trading needs:

Leveraged Trading (Cross-Margin Multi-Collateral Management):

Users can trade various asset classes with significant leverage, supported by a robust cross-margin system that accepts multiple crypto assets as collateral.

Leveraged Market Making (HLP Vault):

This product allows users to participate in market making with leveraged positions, enhancing liquidity and trading opportunities on the platform.

$esHMX Airdrop

To promote user engagement and expand its user base, HMX is launching an airdrop of $esHMX tokens. This initiative aims to attract users to try the platform, provide feedback, and potentially become long-term users.

How to Qualify for the $esHMX Airdrop:

Option #1:

Complete Airdrop Campaigns on HMX’s Zealy Participate in various campaigns on HMX’s Zealy page to earn points. These points determine the share of the airdrop received. New campaigns will be released continuously until the end of Phase 1: Public Open Beta.

Roadmap

HMX is committed to continuous improvement and innovation. Key milestones in the roadmap include:

Q2 2023:

✅Completed two security audits.

✅Beta launch of HMX.

✅Q3 2023:

✅Full-scale launch.

✅Launch of governance tokens.

✅Listing on key data sites.

✅Progressive web app (PWA) launch.

✅Listing additional markets.

Q4 2023:

✅Additional security audit.

✅Order execution engine upgrade.

✅Trading API launch.

✅Listing more markets and collateral assets.

✅HLP composition optimization.

Q1 2024:

Implement governance for $HMX token holders.

Explore additional utilities for the $HMX token.

List HMX token on centralized exchanges.

Explore cross-chain opportunities.

Q2 2024 and Beyond:

Remain adaptable to market changes and seize new growth opportunities.

Markets

HMX offers trading on various markets, including:

Platform Rewards

Arbitrum

Stake HLP, HMX, esHMX, HMX-ETH LP and Dragon Points to earn rewards.

Blast

Golden Slam Campaign

Campaign for Golden Slam 🏅

The Golden Slam is an attempt to make Blast more enjoyable and engaging for HMX users. Whether you're a trader or an HLP depositor on Blast, taking part in HMX can earn you a Gold Pass. With this pass, you could be eligible to win Blast Gold every hour!

Customized Index Markets

HMX Token

$HMX serves as the governance token of the HMX Protocol, with a fixed supply of 10 million tokens.

HMX Chart with price and candles

$esHMX Vesting Schedule:

$esHMX holders can vest their tokens to receive HMX over a year.

Users can claim vested tokens anytime.

Vesting can be canceled, with unvested tokens returned to staking for rewards.

Community Incentives

A significant portion of $HMX tokens (40%) is allocated for community incentives. Users can earn these rewards by actively trading on HMX.

Trade to Earn:

For every $1 of trading volume, users receive at least 1 TLC, which determines weekly reward distribution.

Trading Discounts:

HMX and $esHMX stakers enjoy trading discounts based on their staking tier, evaluated weekly.

Audits & Security

Security is paramount at HMX. The protocol undergoes rigorous internal code reviews and third-party audits to ensure robust security measures. HMX has been audited by reputable firms such as Foobar, WatchPug, and Cantina, ensuring the platform’s integrity and reliability.

In conclusion,

HMX Protocol is setting new standards in decentralized trading with its innovative features and user-centric approach. By offering high leverage, multi-asset collateral support, and continuous security enhancements, HMX aims to become a leading perpetual DEX in the crypto space.