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Description

A worldwide platform for trading digital assets, allowing users to buy and sell cryptocurrencies such as Bitcoin, ETH, USDT, and various altcoins. By subscribing to the ASD Investment Product, users can partake in a distribution pool based on their proportional shares, and by depositing ASD (previously known as BTMX), they can earn major cryptocurrencies daily as returns. Users can borrow and repay assets seamlessly during trading, with the option to do so interest-free every eight hours, and they can close all positions with a single click. Holding ASD provides access to exclusive VIP fee discounts, while features like Instant Unbonding, Compound Mode, and Staked Assets are available for Margin Collateral. The platform introduces a unique tiered VIP transaction fee and rebate system that benefits both traders and ASD holders within the AscendEX ecosystem, with tiered discounts linked to the base trading fees determined by either the trailing 30-day trade volume in USDT or the average unlock of ASD holdings over the same period. This setup encourages increased trading activity and enhances overall user engagement on the platform.

Description

Evaluate returns in relation to opportunity cost. As a liquidity provider, you contribute a designated proportion of assets to enable trading within the pool. Your profits come from trading fees, while you also incur the expenses associated with maintaining that specific asset ratio. Each transaction results in fees being allocated to the pool, which accumulate in both tokens and ETH. The returns from the pool are compared to holding a set amount of both tokens and ETH without actually providing liquidity. Each liquidity provider experiences distinct returns influenced by their unique entry and exit timings. The returns illustrated in the chart above represent an investment in the pool made exactly 30 days prior. It's essential to keep your team and stakeholders informed through actionable reports and dashboards, which can help identify new avenues for growth while concentrating on your key success metrics. Regular updates will not only enhance transparency but also foster a collaborative environment focused on shared objectives.

API Access

Has API Yes 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Algorand Yes 
Balancer No 
Bittax Yes 
CoinGecko Yes 
CoinMarketCap Yes 
CoinTracking Yes 
CryptoTax360° Yes 
Curve Finance No 
Ethereum No 
Hummingbot Yes 
Koinly Yes 
MultiversX Yes 
Orderly Network Yes 
Serum DEX Yes 
SushiSwap No 
Uniswap No 
aelf Yes 
margin Yes 

Integrations

Algorand No 
Balancer Yes 
Bittax No 
CoinGecko No 
CoinMarketCap No 
CoinTracking No 
CryptoTax360° No 
Curve Finance Yes 
Ethereum Yes 
Hummingbot No 
Koinly No 
MultiversX No 
Orderly Network No 
Serum DEX No 
SushiSwap Yes 
Uniswap Yes 
aelf No 
margin No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App No 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

AscendEX

Founded

2018

Country

Singapore

Website

ascendex.com

Vendor Details

Company Name

Pools.fyi

Website

pools.fyi/

Product Features

Alternatives

Alternatives