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flash-trade
Flash Trade is a Solana DEX offering fast execution and minimal slippage for traders.
Flash Trade
What is Flash Trade?
Flash Trade is a decentralized spot and perpetual exchange on the Solana blockchain that allows trading with up to 100x leverage. It offers minimal fees and no price impact, making it an efficient platform for traders.
Key features
- ✅ Zero price impact
- ✅ Account abstraction
- ✅ Asset backed perpetuals
- ✅ Isolated margin
- ✅ Dynamic pricing with Pyth oracles
What does Flash Trade do?
Flash Trade enables users to trade cryptocurrencies with high leverage on Solana, providing a seamless trading experience with low fees and minimal price impact. The platform operates using a unique multi-asset pool-to-peer oracle system, the first of its kind on Solana, and incorporates innovative NFT structures to gamify and enhance user accounts.
Why is Flash Trade unique?
Flash Trade stands out with its unique pool-to-peer trading model, ensuring zero price impact and optimal trading conditions. Liquidity providers earn rewards from the fees collected through trading. Additionally, the platform uses dynamic pricing via Pyth oracles and a backup oracle system for maximum uptime. The inclusion of NFTs to gamify and incentivize trading adds an extra layer of engagement.
Pricing
To use Flash Trade, initially, you need to purchase a Flash Beast NFT. These NFTs act as trading accounts and unlock various perks and rewards. Apart from the cost of the NFT, trading fees on the platform are dynamically adjusted based on market conditions. Additionally, liquidity providers earn a share of the fees generated from trading activities, making it an attractive option for active participants.
Frequently Asked Questions
Flash Trade is a decentralized perpetuals trading protocol on the Solana blockchain, enabling users to trade various cryptocurrencies with up to 100x leverage directly from their wallets.
Utilizing a unique pool-to-peer model, Flash Trade allows traders to engage in leveraged positions without the need to deposit assets into a centralized account. This model ensures zero price impact and minimal spreads during trading.
Flash Beasts are unique NFTs within the Flash Trade ecosystem that generate passive yield and serve as identity accounts. Users can mint these NFTs and participate in quests to unlock additional benefits.
While accessing the platform is free, trading involves fees such as spreads and funding rates. Additionally, providing liquidity may yield returns from trading and margin fees.
