Overview

What is LogX? TL;DR: - LogX is like 1inch for perps - helping on-chain traders find the best execution for their perp trades - LogX is also the leading Perp DEX on layer 2 networks including Mode Network and Optimism Main-Net. LogX pioneered and launched our own native perps on L2s like Mode Network with an innovative “Discrete Asset, Market Neutral” (DAMN) AMM pools. These pools take in stable assets like USDT, USDC, wUSDM, etc. and enable oracle-based perp trading to traders. - Backed by reputed investors like Sequoia Capital (India), Coinbase Ventures, IOSG, Hashed and more! - Crossed $15B in trading volume with more than 155k wallets in 9 months of operation. Since our inception, LogX’s mission has been to make the experience of trading on-chain bigger and better than CeFi, and through that onboard CEX users to DEXes. In fact this mission has remained unaltered ever since we wrote about it in our introduction blog in 2023 here: https://flintlabs.medium.com/flint-labs-next-chapter-7e56a87f4f5e In our 9 months of operation, we have boldly explored various offerings for different trader segments. We identified two primary trader segments: pro traders desiring orderbook functionality and tools, and those seeking a simpler UX for multi-chain exploration. So we built LogX Pro for the former and LogX OG for the latter. LogX Pro is an Orderbook based Perp Dex which is live on Optimism Main-net, Arbitrum and Base Network. LogX OG is a Perp DEX which is based on our own AMM pools. **Our Competitive Edge and Uniqueness:** - Low-Cost, High Liquidity Offering: LogX offers unmatched cost efficiency and high liquidity across multiple trading pairs, setting a new benchmark in the decentralized trading space. - Technological Superiority: Our innovative DAMN based AMM pool enables us to launch a perpetual dex on newer networks and ecosystems like Mode network at a speed unheard of. We were the first perp dex to deploy on Mode Network and bootstrapped liquidity to more than $3M in TVL and $1.3B in trading volume **Growth** LogX has been one of the fastest growing Perp DEXes on layer 2 networks. We were also the first perp dex to deploy on Mode Network in the first week of Main-net launch and are still the largest perp dex on Mode Network. We were the preferred strategic launch partner for Mode Network. Sharing some metrics for LogX’s performance on the Mode Network. - TVL: $3M - Unique wallet addresses (lifetime): 30,000 - Total trading volume lifetime(March-May): $1.3B - Avg DAU(last 30 days): 250 LogX is also deployed on Optimism Main-net through their LogX Pro product which is an Orderbook based Perp Dex powered by the Orderly Network and has crossed $12B in trading volume with more than 30,000 wallets on the Optimism and Arbitrum Network combined. LogX’s overall performance across all the deployed L2s can be found here: https://app.logx.trade/dashboard The whole premise of LogX is based built upon composability. LogX does not only integrate with other composable protocols, but other protocols can also integrate LogX. Applications like wallets, copy trading platforms, analytics platforms, etc. can find seamless composability with LogX. This is important to us because LogX would not have existed if not for the composability of other protocols. We owe our existence to it, and want to ensure that other protocols and apps can build on top of LogX to unlock new value props.