Traditional rules of the game don't constrain cryptocurrency trading, and that's where the permanent decentralized exchange (PDEX) comes into play, a relatively new area in DeFi's big plan.。The market is constantly changing, and a permanently decentralized exchange has changed the rules of the game, growing its market value by more than $2 billion.。But it's not plain sailing。

Despite their innovative approach, these platforms have been vying for space in markets dominated by CEX.。Permanent DEX's trading volume accounts for about 3% of the total trading volume, and their task is very difficult.。

The challenge is not just scale, it's technology。For permanent DEX, the untapped potential in markets eager for innovation and decentralization is important。

In a world where GMX and dYdX are already making waves, Swych PDEX is not just about following the trend, it's about creating a new trend, the convergence of ambition and technology, to leverage trading.。

Introduction to Swych PDEX

Swych's Permanent DEX focuses on risk management and innovative mechanisms, tailored for beginners and trading experts。

Key insights:

• Simple and user-friendly interface。
• Fully integrated TradingView charts。
• Tradable assets include BTC, ETH and BNB。
• Take Profit and / or Stop Loss can be set when entering a trade。
• Take Profit and / or Stop Loss can be set after entering a trade。
• Add / Remove Collateral in a Transaction。
• Full position, order and trade history details。
• Mobile phone access。
• Paper trading model with real-time pricing data。
• Market orders and limit orders。
• PnL is net PnL, so what you see is what you get.。
• Simple and user-friendly interface

The design of Swych PDEX is centered on simplicity, ensuring a smooth and intuitive trading experience, lowering the entry threshold for new traders, simplifying the operation process for experienced users, and enabling users to use the platform.。

Fully integrated TradingView charts

Featuring fully integrated TradingView charts, the platform offers comprehensive market analysis tools that enable traders to customize their own analysis methods, adjusting charts to suit their own trading styles and preferences.。

Tradable assets

Swych PDEX will initially support BTC, ETH and BNB, offering a variety of trading options, catering to different investment strategies and preferences, and plans to further expand the asset list in the future。

Set take profit and stop loss

Allowing traders to set take profit (TP) and stop loss (SL) orders when entering a trade or after opening a position is important for effective risk management and strategy implementation。

Dynamic Collateral Management

Traders can increase control over trading positions and exposures by adding or removing collateral as the transaction progresses。

Comprehensive transaction information

Swych PDEX provides detailed information on positions, orders and trading history。In this transparent environment, traders can make informed decisions, review trading strategies and track market performance。

Mobile Compatibility

Aware of the need for mobile trading, Swych PDEX provides a mobile-friendly interface, ensuring that users can manage their own transactions and keep in touch with the market at any time。

paper trading platform

The paper trading function with real-time pricing data is an ideal tool for practicing and formulating strategies, especially for novices or traders who just want to test the water。It allows traders to simulate real market trading without financial risk and is a valuable tool for learning and experimentation.。

Order Type

The platform supports both market orders and limit orders for a variety of trading strategies, allowing traders to execute trades based on their market expectations and risk appetite。

Transparent PnL reporting

The platform displays PnL as net PnL, and after deducting any fees, the transaction results are clear at a glance。Traders can view the actual fees before opening a position, or they can view the fees when opening a position。It also shows gross net worth。

Understanding fees and real rates of return

Swych PDEX uses a real revenue charging system designed to reward users while maintaining platform operations。The system not only ensures the smooth operation of the exchange, but also helps generate real returns for investors。

Exchange Fee Description

Swych PDEX's fee structure has been carefully adjusted to balance the need for operational sustainability and user returns。This model reflects the platform's commitment to creating a mutually beneficial ecosystem for all stakeholders.。

• Position Fees: Swych PDEX charges 0 for permanent transactions.1% of the cost。This fee applies to each transaction。
• Liquidation Fee: A notional liquidation fee of $5 is charged。This fee arises when a position is liquidated and usually occurs when market movements affect a leveraged position beyond a certain limit。
• Dynamic borrowing fee: this fee is calculated as (borrowed assets) / (total pool assets) * 0.01%, with an hourly limit of 0 if the pool is fully used.01%。This fee structure is used to manage liquidity and risk associated with leveraged transactions。
• Execution fee: Swych PDEX maintains a minimum execution fee, with both minimum and maximum execution fees of 0.0025。These fees are essential for executing trades on the platform and are kept to a minimum to encourage trading activity.。

The concept of real rate of return

The real rate of return of Swych PDEX refers to the actual benefits that users receive from the exchange, which comes from the various transaction fees charged。Unlike hypothetical or projected earnings, actual earnings represent actual revenue generated by platform activities。This benefit is an important aspect of Swych PDEX's business value proposition, as users not only participate in trading activities, but also become the beneficiaries of the platform's success through actual benefit distribution.。

income distribution

Swych PDEX implements a strategic fee income distribution system to ensure operational sustainability while rewarding communities and investors。This approach reflects the commitment to balance operational needs with the interests of platform users.。The following is an overview of expense income distribution:

Allocation of fees charged

• Vault: 5% of the cost is allocated to the agreement vault。For continuous maintenance and development of the platform to ensure its smooth operation and continuous improvement。
• Lottery: 10% of the fees charged are used for the lottery mechanism.。This feature adds an element of excitement and additional monetization potential for platform users。
• Investor: Swych PDEX allocates 35% of fees to stakeholders。This allocation emphasizes the platform's commitment to providing real benefits and returns to investors.。
• Liquidity: 50% of fees are allocated back to the exchange itself。By reinvesting this part of the fee in the platform's liquidity, Swych PDEX ensures the healthy development of the market and the continuous supply of liquidity.。This is important to maintain efficient market operations and improve the overall performance of the platform between trading pairs.。

Focus on balanced growth

This distribution model is the cornerstone of Swych PDEX's strategy to create a sustainable and prosperous ecosystem。It balances the need to cover operating costs and invest in future development, providing tangible benefits to communities and stakeholders.。

Please note that the above weight percentages may change and tilt more rewards to stakeholders。As the platform continues to evolve, this approach positions Swych PDEX as a forward-looking participant in DeFi, prioritizing platform stability and user rewards。

Trading Incentive Plan

Swych PDEX is about to launch another initiative to reward traders based on volume。This volume-based promotion is a feature that incentivizes active trading on the platform, providing tangible rewards for traders who frequently participate in market activities。

promotion mechanism based on transaction volume

• Reward structure: For every $25,000 in trading volume, traders receive a $10 USDT reward。The reward system is designed to encourage higher trading activity, providing direct monetary benefits to active users.。
• Calculation of trading volume: Trading volume is determined by the formula: Trading volume = collateral x leverage。This means that the trading volume is calculated based on the amount of collateral used by the trader multiplied by the trading leverage。

Additional features

Swych PDEX is not satisfied with its existing products, but actively expands its functions to increase user engagement and provide more value。The introduction of NFT and the emphasis on educational resources is a step in this direction。

Swych College and Educational Materials

• How-to guide: Swych PDEX provides step-by-step guidance on various platform functions and trading methods, making it easier for users to browse and use the platform more effectively。
• Swych Academy: The academy particularly attracts users to learn and research deals at their own pace。It covers basic topics such as understanding candle charts, risk management, chart patterns, general trading information and advanced trading techniques。These extensive content ensure that all users, regardless of their level of experience, can find relevant and useful information, aiming to equip traders with knowledge, improve decision-making skills and trading acumen。

NFT integration: New ways to make money

Swych PDEX plans to include NFT in its ecosystem in the near term。These NFTs will not just be digital collectibles, but are designed to deliver real utility to the platform。

What makes these NFTs unique is their ability to provide additional avenues to earn real。This feature will bring new moneymaking opportunities to users, leveraging NFT's popularity and innovation to enhance the overall trading experience of the platform。

This upcoming feature and all educational resources underscore Swych PDEX's commitment to continuous improvement and empowerment of users。The integration of NFT and the focus on comprehensive education demonstrate the platform's commitment to providing a comprehensive, rich trading experience.。

SWYCH token: the cornerstone of the ecosystem

Swych now and in the future will have a wide variety of products such as liquidity pools, permanent exchanges as we mentioned above, pegging and income farming solutions, all of which will be powered by the Swych token $SWYCH。The token serves as a cornerstone that interweaves various elements and unique features in the ecosystem to provide users with a comprehensive experience。

Utilities

• Liquidity Pool: Users will benefit from a liquidity pool on Swych where they can deposit funds and profit from the transaction fees incurred while receiving LP tokens as shares in the pool。
• Phase 2: The next phase of the Swych token is focused on enabling users to generate real revenue through pegged pools without paying additional fees。
• Real Yield Staking: This feature will give users the opportunity to earn real gains based on their betting positions。
• NFTs: Deliver unique, utility-focused NFTs that offer additional rewards and engagement opportunities in the ecosystem。
• Lottery, Publishing Platform and Others: An enhanced lottery system, an accessible, permissionless publishing platform, and a platform focused on listing diversified tokens to ensure the safety and interests of investors。
• Incubator projects and gamification: Going forward, Swych will launch an incubator program to support new projects and incorporate gamification elements into the ecosystem。

SWYCH tokens connect these disparate elements together to provide a unified, simplified DeFi experience for every user in the Swych ecosystem。It integrates different functions and features to ensure that the ecosystem remains connected and provides users with multiple ways to participate, invest and earn rewards on the platform。