CoinFLEX, a crypto futures exchange, is the first centralized exchange to launch a hybrid Automated Market Maker called AMM+. CoinFLEX is hosting an ‘AMM+ Arena’ competition where users will be rewarded based on their APR ranking.
The First AMM for the Futures Market
The AMM+ trades directly in CoinFLEX’s perpetual futures market and offers users unique features that dramatically increase users’ capital efficiency. Specifically, users can trade with up to 10x leverage and have the option of choosing from multiple collateral types, meaning you can use BTC to trade an ETH/USD pair.
The AMM+ has also been offering competitive yields. Users who are using the AMM without leverage have seen three-digit APRs. With the added benefit of leverage, users have reported even higher rates.
To promote the launch of the AMM+, CoinFLEX is launching a trading competition called ‘AMM+ Arena’ to increase AMM+ adoption and liquidity.
Elements of the AMM+ Arena
Trading competition pr
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