Oxchange Launches Upgraded Gasless DEX with Concentrated Liquidity and Unique Revenue-Sharing Model

cartban
3 min readApr 24, 2023

Oxchange is a decentralized-gasless cryptocurrency exchange that offers users a secure and efficient way to trade digital assets without relying on a central authority. The platform has recently launched an upgraded v3 DEX with new trading features, including concentrated liquidity, range orders, and multiple price ranges in a single pool, promising an improved trading experience for users. The exchange is built on the Polygon blockchain and offers a user-friendly interface, fast and efficient trading, and access to a wide range of ERC-20 tokens.

One of the unique features of Oxchange is its gasless platform. The exchange gives back the gas fees used on the blockchain by providing users with OC tokens of equal value to the gas fees paid. This means that users can trade cryptocurrencies without worrying about paying additional gas fees, making it more accessible and user-friendly. Additionally, Oxchange’s concentrated liquidity mechanism ensures that users always have access to the best possible prices and the deepest order books, without having to wait for other traders to fill their orders.

Another advantage of using a decentralized exchange like Oxchange is improved security and privacy. By using smart contract technology, Oxchange holds liquidity reserves and facilitates peer-to-peer market making and swapping of ERC-20 tokens. This ensures that users have full control over their funds and eliminates the need for a central authority to oversee transactions.

Oxchange has also launched a marketing campaign to showcase the benefits of using the platform for cryptocurrency trading, with an airdrop campaign for loyal users. The platform has been listed on several centralized exchanges to increase liquidity and trading volume. The exchange plans to launch a decentralized loan platform and NFT marketplace in the future and is set to integrate zkproof blockchain technology to ensure secure and private user transactions.

In terms of tokenomics, Oxchange has a unique revenue-sharing program that benefits both users and token holders. By holding OX tokens, users can access premium features such as exclusive trading pairs and reduced fees. Additionally, OX token holders receive a share of the platform’s revenue through the revenue-sharing program. This innovative model rewards both users and token holders and ensures that the platform remains sustainable and profitable in the long run.

Overall, Oxchange is a great option for people who want to trade cryptocurrencies in a decentralized and efficient way. Its gasless platform, concentrated liquidity mechanism, and user-friendly interface make it accessible to a wide range of users, while its revenue-sharing program rewards both users and token holders. With its upgraded v3 DEX and plans for future expansion, Oxchange is set to become a leading decentralized exchange in the cryptocurrency space.

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