Overview
AZEx is a decentralized peer-to-pool perpetual decentralized exchange (Perp DEX) that leverages smart contracts to achieve decentralization, transparency, and automation, efficiently connecting traders and liquidity providers (LPs). By integrating deeply with blockchain mechanisms, AZEx intelligently routes funds within the platform to top decentralized finance (DeFi) protocols in the Berachain ecosystem - such as decentralized exchanges (DEXs), lending platforms, perpetuals, and yield aggregators - for farming opportunities. This approach fully unlocks the potential of on-chain assets, while AZEx incentivizes participants with validator rewards and its native platform token, AZT, maximizing user profits.
Key Features
- Peer-to-Pool Model: AZEx employs a peer-to-pool model where liquidity pools act as counterparties to traders, enabling instant trade execution. This model offers superior alternatives to traditional order book systems by providing immediate liquidity and reducing slippage. Risk management mechanisms, such as spreads and funding fees, are implemented to maintain balance within the pools.
- Auto Farming: To maximize the efficiency of idle funds, AZEx retains only 5% to 10% of assets for immediate trade settlement, deploying the remaining capital into non-custodial, permissionless DeFi protocols—including lending platforms and yield aggregators—for farming. Earnings generated from these activities are distributed back to LPs and platform participants, enhancing overall returns.
- Permissionless Listing: AZEx allows users to create markets for new assets, such as memecoins, and trade them using the peer-to-pool model. Trades can be settled in a coin-margined mode, isolating profits and losses from the underlying asset’s price movements. This feature fosters innovation and inclusivity within the platform.
- Social Trading: The platform offers on-chain copy trading, enabling users to follow top traders and execute trades at the exact price of the lead trader, eliminating latency issues and maximizing profits. Additionally, users can delegate funds to professional fund managers via smart contracts, participating in complex trading strategies without active involvement.
Tokenomics
AZEx's ecosystem is powered by its native token, AZT, which serves multiple roles:
- Incentives for Liquidity Providers: LPs receive AZT tokens as rewards for contributing to the platform's liquidity, encouraging sustained participation.
- Governance: AZT holders can participate in platform governance, influencing decisions and future developments.
- Staking Rewards: Users can stake AZT tokens to earn additional rewards, promoting long-term commitment to the platform.
The distribution and specific allocations of AZT tokens are designed to align the interests of all participants and ensure the platform's sustainable growth.
Why AZEx?
- Comprehensive DeFi Solutions: By integrating a fair launchpad and a secure DEX, AZEx addresses liquidity segmentation across DeFi products, enhancing liquidity utilization and providing users with a streamlined experience.
- Community-Centric Approach: AZEx emphasizes community engagement, offering tools and features that encourage active participation and foster the growth of meme token communities. This approach strengthens the overall ecosystem and supports project success.
NFTs
AZEx launched one NFT Collection:
FAQs
What is AZEx?
AZEx is a decentralized peer-to-pool perpetual decentralized exchange (Perp DEX) built on the Berachain network. It connects traders and liquidity providers through smart contracts, offering features like auto farming, permissionless listing, and social trading.
How does the peer-to-pool model work in AZEx?
In AZEx's peer-to-pool model, liquidity pools act as counterparties to traders, enabling instant trade execution and reducing reliance on traditional order books. Risk management mechanisms, such as spreads and funding fees, are implemented to maintain balance within the pools.
What is auto farming in AZEx?
Auto farming in AZEx involves deploying idle funds into non-custodial, permissionless DeFi protocols for yield generation. Earnings from these activities are distributed back to liquidity providers and platform participants, enhancing overall returns.
How can users participate in social trading on AZEx?
AZEx offers on-chain copy trading, allowing users to follow top traders and execute trades at the same price as the lead trader. Additionally, users can delegate funds to professional fund managers via smart contracts, participating in complex trading strategies without active involvement.
What is the role of the AZT token in the AZEx ecosystem?
The AZT token serves multiple roles within the AZEx ecosystem, including incentivizing liquidity providers, enabling participation in platform governance, and offering staking rewards to promote long-term commitment.
How does AZEx integrate with Berachain's Proof-of-Liquidity (PoL) mechanism?
AZEx integrates with Berachain's PoL mechanism by allowing users to provide liquidity while reinforcing network security. Through PoL, AZEx aligns liquidity incentives with network growth, rewarding liquidity providers with fees from platform transactions and BGT tokens.
What are the benefits of AZEx's vaults for asset management?
AZEx's vaults provide secure asset storage and automated investment strategies. The platform's LP Vault design ensures continuous reinvestment, optimizing returns for users through automated liquidity management.
How does the flywheel model function in AZEx?
AZEx implements a flywheel model that continuously incentivizes user engagement and ecosystem growth. Users earn rewards from transaction fees, staking incentives, and BGT emissions within the Berachain ecosystem, supporting sustainable platform growth.
