Introducing ArcaneDEX
Perpetual and data-tracking DeFi protocol built on Arbitrum reformi the trading experience.
What is ArcaneDEX?
ArcaneDEX is an all-in-one decentralized perpetual exchange and aggregator built on the Arbitrum network providing users with the best trading experience and data-tracking opportunities while granting L2 network advantages such as real yield, high TPS, optimized market rates, low fees and sustainability.Â
Our protocol opens doors to new DeFi discoveries and brings requisite features for users to utilize and apply to their personal needs to get the best results in the unpredictable and volatile crypto market.Â
Our mission
With ArcaneDEX, our mission is to highlight the advantages DeFi has over modern finance by providing practical education and giving access to built-in features that allow everyone to have full control over their assets and investment decisions.Â
Since the Arbitrum ecosystem is still very young and far from its true potential, the ArcaneDEX team strives to pave the way for the mass adoption of DeFi and help everyone transition from being trend chasers and degens to becoming responsible, curious and expert investors.Â
ArcaneDEX features
While building the ArcaneDEX protocol, we’ve been always questioning ourselves, how can we convey our features to users in the most common way while transmitting the full potential? And why should people choose us among many other DEX’es?
At first, it wasn’t easy to figure it out but after days of brainstorming and building this protocol, it seemed that we were getting closer and closer to the right answer. It reflected the solution that none of us thought of before starting to build ArcaneDEX.Â
That is simplicity over complexity, experience over technicality and quality over quantity. This statement perfectly describes ArcaneDEX features and what can you expect by utilizing them.Â
1. Swap
The first go-to feature and the main catalyst of our protocol is the ArcaneDEX swap. It will let users trade and exchange crypto while granting fixed market rates, fast transactions and low fees.
We are fully aware that easy access to crypto is very important because DeFi itself is complex and most people have a hard time understanding the concept and basics of it. But what makes our swap even more different from others is the smooth experience which is a game changer.Â
2. Staking
There is no doubt that earning opportunities in decentralized finance are more accessible and diverse than in other authorized financial institutions. ArcaneDEX staking will allow everyone to earn a higher-than-average yield for contributing liquidity in the form of crypto tokens.
This feature will consist of 3 staking pools with different lock periods and yield rates. With ArcaneDEX staking, we provide users with more options to choose from and provide liquidity that best corresponds to each person’s financial situation and risk/reward strategy.Â
3. Portfolio
ArcaneDEX portfolio tracks your performance, wallet balance, win rate, PNL ratio and transactions. It helps in managing your trading activity and improving results. DeFi tools like this are usually undervalued but that's because they are never presented the way they should be.
What we did is integrated the most important metrics for tracking data that is easy to read and understand. No more being confused while trying to puzzle out your past trading moves and random numbers that bring no clarity to you. With ArcaneDEX Portfolio, everything about your trading performance and activity will seem clear and concrete.Â
4. Trend AnalysisÂ
Trend Analysis is probably one of the best features we’ll have in ArcaneDEX. It will let you follow the smart money and increase the success of your decisions by displaying the market and trending tokens sentiment as well as buy & sell volume.
To be ahead of other traders and investors, it is crucial to foresee the edge and understand the next market moves. With our trend analysis, users will able to comprehend and utilize the displayed data just by looking at it. The best part is that you won’t need to have any technical knowledge while using it!Â
5. Futures Leaderboard
The Futures Leaderboard in ArcaneDEX is where all the trading data is displayed and competitions take place. It represents the top traders in open and closed positions of the chosen timeframe by volume, the number of trades, win rate and the PNL ratio allowing anyone to track their activity and learn from the best ones.
Also, users can go more deeply by clicking on the specific trader and checking all the data in the new format which displays the same leaderboard metrics along with showing all the transactions, the chart screen of when the position was opened or closed and its leverage size.Â
6. Copy TradingÂ
Besides all the features in ArcaneDEX, we have integrated an exclusive Copy Trading that allows only our users to get notified when TOP traders’ transactions occur on the dApp. It operates autonomously and is linked with the ArcaneDEX Telegram trading bot giving alpha access to everyone who uses our protocol.
The notification can be simply activated by going to the Futures Leaderboard, clicking on the specific trader and pressing the follow button located next to the account’s address. Once done, you’ll need to connect your Telegram account by going to portfolio and that’s it! You’ll be notified every time the trader opens or closes the position in your Telegram account.
7. Dashboard
This one might seem common but it’s always important to have information about the performance of the blockchain or L2 network that protocols or its users are based in.
For that reason, we will integrate the ArcaneDEX dashboard which will have a visual display of the Ethereum blockchain and Arbitrum network data. It will allow users to get the latest records with our dashboard metrics and understand performance as well as emerging malfunctions.Â
What are the Arcane Levels and how do they work?
While building ArcaneDEX we have come up with a very interesting idea that would make our protocol more gamified and fun. That’s when we created Arcane Levels which are the personal performance indicator required for participating in one of our airdrop programs for early users. Everyone can level up by simply being active on ArcaneDEX, bringing volume, inviting friends and participating in competitions.
But what really are these programs?Â
Well, we are glad you asked because you will love it! For being an early user, you are able to participate in Arcane Airdrop Program V1 & V2 and get rewarded tokens. For more information about ongoing airdrop programs and how to take part in them, please check the article below which has everything you need to know: