PowerDEX: Redefining what's possible on-chain
Since 2020, PowerTrade has established itself as an industry-leading centralized exchange (CEX) for institutional and professional crypto options traders. As part of our commitment to transform the trading landscape, we’re constantly innovating to deliver the experience our users demand.
Today, we are excited to announce the latest addition to the PowerTrade ecosystem: PowerDEX, our brand-new decentralized exchange.
By combining decentralized benefits of self-custody and transparency with centralized features such as institutional-grade execution and ultra-low latency - we’re redefining what a DEX can be.
PowerDEX is designed to bring you all the ease of a CEX with all the freedom of a DEX.
The PowerDEX Difference
The DeFI market needs a DEX with the full suite of derivatives available on CEXs, so we built it.
We’ve applied everything we’ve learned from PowerTrade to create a lightning-fast decentralized platform, complete with the tools and performance traders demand.
The result is PowerDEX. Engineered for speed and reliability, it's the decentralized exchange that finally brings institutional-grade tools to DeFi, including:
- A full suite of derivatives: Crypto Options, Futures, Perpetual Swaps, and Spot trading.
- Wide Range of Trading Pairs: BTC, ETH, plus 25 altcoins (and counting).
- Advanced Trading Strategies and RFQ: Create multi-leg strategies to elevate your trading with Iron Condors, Straddles, Strangles and more.
- Request for Quote (RFQ): Get fast, efficient quotes from leading market makers for block trades at tight pricing.
- Flexible Multi-Collateral Margin System: Trade smarter with Multi-Collateral Margin, use any spot traded pair as collateral.
- Optimized Capital Efficiency - Maximize capital with pro-grade SPAN/Portfolio Margin—enabled by default for greater control.
- Robust API: Streamline your trading operations, run advanced trading bots and more.
PowerDEX runs on the Ethereum network to achieve efficient on-chain custody and on-chain settlements. We’ve also added proprietary technology that allows the exchange to access off-chain liquidity and execution services.
PowerDEX is engineered for high performance and can manage substantial trading volumes. With a scalable architecture optimized for growth, PowerDEX adapts to increasing user numbers and trading activity - ensuring the platform remains fast and responsive, even during periods of high demand.
We built PowerDEX to provide the most flexible, powerful trading experience possible across perpetuals, options, spot and more.
The Best of Both Worlds
As crypto markets mature, we see a future of coexistence between centralized and decentralized platforms. PowerDEX is designed to complement PowerTrade—rather than replace it—to give traders a unified ecosystem.
Users can swap between both the centralized and decentralized platforms based on their needs.
The Road Ahead for PowerDEX
We have big plans for PowerDEX. Here are a few key features you can expect to see coming to PowerDEX in the coming months:
- Easy Options Interface: Trade options easily - click, trade, profit.
- Structured Products: Introduction of vaults, snowballs, and exotic options
- Polaris - Trade Copilot: Polaris is a trade copilot designed to assist traders with decision-making
- Risk Management Tools: Advanced risk management tools to enhance trading safety
- Data Analysis Tools: Sophisticated data analysis tools for better trading insights
- PowerDEX Mobile App: Integration of PowerDEX into the existing PowerTrade mobile app for iOS and Android, giving on-the-go trading access
- Ultra-Simple Prompt-Based UI (Polaris): Evolution of Polaris into an ultra-simple prompt-based UI, making trading more accessible
Our longer-term goal is to push the boundaries of innovation and offer an unmatched trading experience in the DeFi space.
PowerDEX is the most powerful decentralized exchange ever launched for crypto options trading. It’s the gateway for traders who want the benefits of decentralization without compromise.
This is just the start. Exotic options, powerful tools, cross-platform bridges, and more are coming to PowerDEX. With an unparalleled suite of tools and products, we're redefining what's possible on-chain.
We can’t wait to show you what transparent, self-custodial, on-chain trading is meant to be.
PowerDEX is in a limited invite-only beta and is launching to the public soon. If you’re interested in being part of the beta program, please complete this form with your details.