LogX Network: A Pioneering On-chain Trading Platform

Key Takeaways

LogX Network is a pioneering on-chain trading platform, housing over one million users.

LogX Network boasts key features of exceptional performance, gasless trading, multi-Asset support, and scalability across blockchain networks.

The native token of LogX Network is LOGX, with a supply of one billion, offering various practical functions.

What Is LogX Network?

LogX is the ultimate DeFi Superapp, offering leveraged prediction markets, exotic perpetuals, meme coin trading, and more. Prediction markets offer 20x leverage. LogX Network, powered by Arbitrum, Hyperlane, and AltLayer, is an innovative cross chain infra that will scale to millions of users across TON, Solana, Bitcoin, Move, and EVM ecosystems.

LogX is proud of 1.3M+ users, $21B lifetime trading volume, 67% community allocation in tokenomics, and high decentralization. In addition, it has raised a total of $10.1 million in funding from investors such as Coinbase, Sequoia, Hashed, and IOSG.

Technical Principles Behind LogX Network

LogX Network is built on best-in-class infrastructure, including the Arbitrum Orbit Stack for scalability, Avail Network DA for data availability, Hyperlane Network for cross-chain messaging, and Alt Layer for enhanced network construction. This powerful combination ensures that LogX Network not only meets but exceeds the expectations of modern traders. Through innovative technologies such as account abstraction and token-agnostic order matching, LogX Network delivers a user experience that is both seamless and intuitive.

LogX Network is more than just a trading platform; it is a comprehensive ecosystem designed to support multiple retail consumer products, including:

1. Perpetuals Trading: Over 100 perpetual pairs with gasless trading and instant order matching.

2. Leveraged Prediction Markets: The first on-chain prediction market with up to 20x leverage, offering options like Trump US elections.

3. Spot Trading: Optimized spot trading with low latency and high liquidity.

4. Meme Coin Launchpad: A seamless, gasless platform for creating and trading meme coins.

5. Real-World Assets (RWAs): On-chain fractional ownership and trading of real estate assets. Besides, the LogX Network roadmap also includes features such as gaming and treasury yield.

Outperforming traditional DeFi platforms, LogX Network has a swath of key features. It processes over 30,000 transactions per second (TPS) with approximately 100ms latency, ensuring a seamless trading experience. You can enjoy a CEX-like trading experience with zero gas fees and one-click trade execution. Beyond derivatives, LogX Network supports a wide array of asset types, enabling a diverse trading ecosystem. Additionally, LogX Network is built to scale across 50+ blockchain networks, ensuring broad compatibility and extensive reach.

LogX Network's Tokenomics

The native token of LogX Network is LOGX, with a supply of one billion tokens, which are allocated across various segments, including airdrop season 1 (12%), foundation (15%), future community rewards (40%), investors and advisors (17%), and team (16%). LOGX utility includes:

Governance: LOGX token holders will be able to stake their LOGX to participate in DAO governance voting and participate in decision-making voting for integration of new chains, new consumer app deployment and budget approvals.

Gas Fee: LOGX is the native gas fee token of LogX Network and LOGX stakers will get a 100% gas subsidy when using LogX Network.

Net Revenue Share: 100% of net revenue will be shared with LOGX stakers via the buyback and distribution program.

Ecosystem Airdrops: As LogX Network expands and launches new products, LOGX stakers will get airdrops for using the product.

Partner Airdrops: LogX works with 30+ partners closely who value the LogX community. LOGX stakers will get partner airdrops from them.

Boosted Trading Rewards: LOGX holders and stakers will get boosted trading rewards when they interact with LogX ecosystem.

Early Access to Premium Features: Token stakers gain early access to premium features, fostering a sense of exclusivity and encouraging user feedback for continuous improvement.

The Bottom Line

LogX Network boasts key features of exceptional performance, gasless trading, multi-Asset support, and scalability across blockchain networks, owing to its technology innovation. From a product perspective, LogX Network is more user-friendly for retail investors. Its features, such as perpetuals trading, leveraged prediction markets, spot trading, meme coin launchpad, and RWAs, are designed to meet the needs of retail investors. As the blockchain industry and DeFi grow, LogX Network is poised to reshape the DeFi landscape and may even surpass traditional centralized exchanges.