Name: LogX
SKU: LOGX
Price: 0.012891006478 USD

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.

Arbitrum Ecosystem

Blast Ecosystem

Linea Ecosystem

Manta Ecosystem

Mantle Ecosystem

Mint Ecosystem

Mode Ecosystem

Soneium Ecosystem

Zircuit Ecosystem

Audit

IEO Page On Gate

Airdrop Season 1

Foundation

Future Community Rewards

 Investors & Advisors 

Team

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.

Gods Unchained

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible Finance

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

Bware Labs

WeWay

GameOn Forge

Blockchange Ventures

Big Brain Holdings

coinIX

Castrum Capital

Outlier Ventures

Kangaroo Capital

Maven Capital

FinSec Innovation Lab

Kima Network

Sociapol

SpaceN

Raft

KuCoin Labs

YZi Labs (Prev. Binance Labs)

Republic Capital

HTX Ventures

Emurgo

Crypto.com Capital

Magic Square

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

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

Name	Total	Unlocked	Locked
Future Community Rewards	40%	-	-
Investors & Advisors	17%	0.33%	16.6%
Team	16%	0.31%	15.6%
Foundation	15%	4.18%	10.8%
Airdrop Season 1	12%	12%	-

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