What is PEX Exchange? Recent News, Fundraising and Token
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Key Takeaways
- PEX Exchange is a decentralized platform designed for spot and perpetual trading, aiming to improve fairness in decentralized finance.
- It incorporates a game-theory-inspired Auto-Equilibrium Engine to enhance existing perpetual DEX primitives.
- The project lacks publicly available information on a native token or token generation event as of the latest verifiable sources.
What is PEX Exchange?
PEX Exchange is a decentralized spot and perpetual exchange platform focused on creating a fair trading environment in the DeFi space. According to its official introduction on Medium, PEX aims to become the fairest decentralized perpetual trading platform by building upon existing PerpDEX primitives and integrating innovative mechanisms for equilibrium and user fairness (source: official Medium article by PEX Exchange).
How Does PEX Exchange Work?
PEX Exchange operates as a decentralized exchange (DEX) supporting both spot trading and perpetual contracts. Its core functionality revolves around improving traditional PerpDEX models through enhancements that address common issues in decentralized trading, such as liquidity imbalances and unfair mechanisms.
The platform features a game-theory-inspired Auto-Equilibrium Engine, which automatically adjusts parameters to maintain balance and fairness in trading activities, as detailed in the project's introductory documentation on Medium.
What Makes PEX Exchange Unique?
- It emphasizes fairness in decentralized trading by refining PerpDEX primitives, setting it apart from standard DEX platforms (evidenced by the project's Medium introduction).
- The Auto-Equilibrium Engine uses game theory to dynamically balance the platform, potentially reducing manipulation risks.
- PEX focuses on spot and perpetual trading in a decentralized manner without relying on centralized intermediaries.
PEX Exchange Native Token
TGE Information
Recent News & Fundraising
- In August 2023, PEX Exchange was introduced via a Medium article, highlighting its goal to create a fair decentralized spot and perpetual exchange with an Auto-Equilibrium Engine.
- No recent announcements or updates were found in available sources as of 2025, with the last known information from 2023.
- There is no verifiable information on fundraising rounds or investments for the project.