MCDEX Token MCB Price 2.03

The DEX for futures is built on the Arbitrum. The MCDEX team says it's designed to prioritize security, self-custody, and censorship resistance. Anyone can trade or create new markets. MCDEX uses an automated market maker. The people who started MCDEX used to work for a Chinese tech giant. He created a mining software called Minerbabe. He launched two versions of MCDEX, one in 2020 and the other in 2019. The current V3 version is backed by several renowned investors. Users can trade up to 500ETH or 40BTC with up to 25X leverage on Arbitrum. They like the features of centralized exchanges, such as stop-loss and limit orders. The role of operators is to set the initial parameters. Operators have to pay for services. The benefits of being a Liquidity Provider include trading fees at a fixed ratio, profits from spread and slippage, funding payments paid by traders, and liquidation penalties. Delegators can't withdraw from their accounts. Advisors: 75K. An investor is angel. The daily trading volume is $10 million. Certik audited the protocol.