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LogX Liquidity Pool is a stable asset pool constituting USDC and USDT. Which means traders can trade using USDC or USDT as collateral and PnL of the traders are also settled in the same collateral token. Liquidity providers can provide USDC/USDT in return for the LLP token which is the liquidity token for LogX.LogX uses a dark oracle that aggregates prices from various centralised and decentralised dexes to agree upon a common median value of price. This aggregated price value is compared against price from the Pyth Oracle network and written to chain. This comparison is done on chain and the aggregation from multiple sources makes sure that a common market price for token pair is taken into consideration.LogX liquidity pool is composed of stable tokens (USDC and USDT). Every trade is placed against a collateral token of either of these two stable tokens. This eliminates the issue of maintaining high liquidity for each token pair separately, which one would have to do in an order book model for a DEX.Traders can trade against the liquidity pool regardless of the index token; the same liquidity will be available for each index token listed on LogX. This means that as long as the platform has enough stable token liquidity, traders can use that liquidity to open leveraged positions on any index token.

Audit

IEO Page On Gate

Foundation

 Investors & Advisors 

Team

Airdrop Season 1

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Sep, 16 2024 LogX has raised a strategic round bringing the total capital raised to $10.1M.

LogX

LogX is a perpetual exchange offering high-leverage trading on Layer 2 blockchains.

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TRON Foundation

Gate.io

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Animoca Brands

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MV Global

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Mr. Block

Kyle Chasse

Mind Network

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Phantom of the Kill

Alpha Protocol Ventures

Spark Digital Capital

NxGen

Let’s Go Ventures

X Ventures

MultiversX

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%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Investors & Advisors	17%	9.34%	7.62%
Team & Shareholders	22.5%	5.50%	15.5%
Treasury	18%	5.50%	15.5%
Community Airdrop	12.8%	5.50%	15.5%

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