What is EMDX?

EMDX is a derivatives DEX focused on building derivatives for real-world assets (RWA) within the Web3 environment. Although our platform currently supports perps on over 30 crypto assets, our core mission is to seamlessly integrate derivatives of traditional assets with decentralised finance (DeFi).

Value Proposition

One-Stop Shop

The main value proposition of EMDX is to give users a unique trading experience through a One-Stop Shop where they can find several and highly liquid derivative products. Perpetual contracts, futures, and option based products are currently available for all types of investors who can execute directional trades, arbitrages or hedging operations in an extremely efficient protocol in terms of market depth and trading fees.

User-centric approach.

EMDX has been developed to improve the user experience when interacting with decentralized platforms. The platform is oriented to make complex and professional-grade products understandable and reachable to a wider range of users, whether sophisticated or not. Thus, the protocol seeks to balance the quality and quantity of the statistical information and monitoring tools that are offered.

Traditional and Emerging Market Assets and Risks

Since our inception in 2022, we have been at the forefront of developing innovative solutions to bridge traditional asset derivatives to DeFi, experimenting with various exchange models such as vAMM-based exchange.

Significant milestones have been achieved in our journey, like:

• Launching our mainnet in June 2022 on Avalanche network,

• Partnering with Matba Rofex, the largest commodities derivatives exchange in Latin America and a century-old public entity, in July 2022.

• Following this partnership, we, alongside Matba Rofex and Chainlink, launched the first-ever perpetual swap on a fx latam currency (like the Argentine peso against USDC in september 2022, soon extending offerings to include the Brazilian real and the Turkish lira.

Despite achieving $600 million in turnover within four months, scaling our vAMM-based infrastructure proved challenging due to issues like skewness and market risk exposure as the protocol was the counterpart itself. This led us to shift towards an orderbook-based model through a strategic integration with Orderly Network, therefore taking advantage of its plug and play omnichain liquidity layer and infrastructure solutions.

This strategic shift has made more effective our focus on leveraging cutting-edge technology to develop tailor-made derivative products, particularly for RWA and emerging market (EM) assets. Our collaboration with Orderly enables the EMDX team to concentrate on product design and market strategy, aiming to attract institutional players to market make and provide liquidity.

Our vision is to establish EMDX as the premier institutional-grade DeFi platform for trading and hedging real-world assets globally.