Building Layer2 seems to have become a trend. From emerging projects like Mantle Network and Linea to established chains like Cele, they are actively exploring and implementing Layer2 solutions. In this Layer2 trend, MEKE has built a decentralized derivative trading platform.
MEKE is a decentralized derivative trading platform, what does that mean?
Since the outbreak of crypto derivative trading in 2019, the market has been continually expanding. According to CoinDesk’s CryptoComLianGuaire data, the trading volume of derivatives in January 2023 increased by 76.1% compared to December 2022, reaching $2.04 trillion, accounting for 70.3% of the entire cryptocurrency market. As trading activities continue to grow, more and more companies are emerging and focusing on this area, and the decentralized world has seen a large number of platforms focusing on derivative trading since last year. As a product with strong user demand, decentralized derivative platforms still have a considerable gap compared to centralized products, but this is also where MEKE’s opportunity lies.
MEKE is a decentralized derivative trading platform developed by a US team in 2021. It can be used to trade perpetual contracts of various mainstream cryptocurrencies such as BTC and ETH, and in the future, it will consider trading futures of physical assets such as foreign exchange, gold, oil, and US bonds.
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What are MEKE’s future plans and prospects?
MEKE’s goal is to solve the problems users encounter in the field of cryptocurrency and meet market demands, becoming one of the top applications for decentralized cryptocurrency derivative trading. To achieve this, after testing all available public chains in the market, the MEKE team chose to operate on BSC because of its fast transaction speed, gas fee friendliness, and stability. In addition, the huge market flow of BSC will make it easier for MEKE to grow and develop.
In the future, MEKE will continue to move forward, seeking better technical solutions beyond BSC, optimizing algorithms in continuous development, and providing secure, efficient, and transparent decentralized derivative trading services for crypto enthusiasts worldwide.
What opportunities does MEKE bring?
MEKE launched its first public beta on July 31 and will end in a short period of time. Due to its huge market potential and strong technical core, MEKE has received widespread attention worldwide, with coverage in English and Chinese media. It can be clearly felt that due to the public beta of MEKE, the trading volume on the OpBNB test chain has also increased.
Like all star projects, participating in MEKE not only allows you to understand the latest development direction of blockchain technology, but also offers many potential benefits, such as fee dividends and airdrops. Participating in the MEKE public beta may have benefits comparable to early participation in DYDX, Optimism, and Arbtirum tests.
Due to the limited issuance of tokens on the MEKE platform, a unique issuance mechanism has been designed, with earlier participation resulting in more generous benefits. If you participate in the public beta test too late, the benefits will be reduced until the public beta test incentives are fully distributed. The MEKE public beta test is currently in full swing, for the latest information please join the MEKE official community.
Official Website:
https://meke.io
Telegram:
https://t.me/MEKE_Global
Discord:
https://discord.gg/meke
Twitter:
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