Morphex partners with UniDex to integrate Morphex’s perpetual trading protocol into our leverage trading aggregator. This will allow UniDex users to access deeper liquidity on both BNB chain & Fantom unlike ever seen before. Morphex’s offers a deep liquidity, 0% price impact, no slippage model that will allow UniDex traders to get a better rate for their aggregated perp trades.

Let’s dive into what this partnership brings below

What is Morphex?

Morphex is a unique perp trading DEX offering 0% price impact and no slippage trading to offer deep liquidity and seamless trading. Traders can connect to either BNB chain or Fantom to place leveraged trades against popular crypto pairs like BTC. FTM. BNB. and ETH at flexible leverage options.

Morphex has done a cumulative of $500,000,000 in on chain trading volume with over 500+ active users. They’ve quickly attracted a large user base and trading volume on Fantom, while recently also deploying on BNB chain. How does this partnership benefit UniDex?

Perp Aggregation

UniDex released the first perp aggregator in early 2021, adding different liquidity sources such as GMX and Perp Protocol. We’ve revamped the UI and methodology to provide a more robust experience for traders that fits perfectly with our partnership with Morphex.

UniDex users will be able to place orders that aggregate between UniDex and Morphex’s liquidity pools, allowing much larger trades to be placed as remaining open interest becomes more scarce. This means larger trades, better fills, and more reliable liquidity for the trader. Users need to select a trading pair found on Morphex, input an amount, and you can see the position router at work splitting up the trade to find the best route. UniDex takes no extra fee for routing to Morphex, and traders actually receive a fee discount when using our terminal!

With this partnership, we can more closely collaborate with the Morphex team to provide fixes, apply changes, and implement new features released by Morphex much quicker. It’s essential for community members to stay updated by joining community channels for both projects such as Discord. We’ll link both here because you do not want to miss the upgrades both UniDex and Morphex are making.

Morphex Quick Links

Discord invite link — https://discord.gg/morphex
Twitter — https://twitter.com/MorphexFTM
Website — https://www.morphex.trade
Trade platform — www.morphex.trade/trade

UniDex Quick links

Discord invite link — https://discord.gg/unidex
Twitter — https://twitter.com/UniDexFinance
Website -https://www.unidex.exchange/
Swap Trading — https://app.unidex.exchange/
Leverage Aggregation Terminal — https://leverage.unidex.exchange/
Business Inquiries — marketing@unidex.finance