Permissionless Listing

Permissionless Margin & Markets

Create New Markets

With AZEx, users have the ability to create markets for any base/quote pair, whether it’s a newly launched project, a memecoin, or a niche token. By providing an open framework for listing assets, AZEx makes it possible to tokenize new projects and rapidly introduce them to a wide audience. Traders and creators alike can easily design trading pairs based on their interests, and instantly start trading in a decentralized marketplace that reflects the latest trends in DeFi.

• Launch any market without centralized approval: Users can create their own base/quote trading pairs, establishing markets for any asset, even without prior vetting or permissions.

• Community-driven platform: This open market structure fosters innovation, as community members are the ones responsible for bringing new assets and markets to life.

• Instant trading access: Once a market is created, it’s available for immediate trading by any user, promoting rapid growth and adoption of new assets.

This feature will be enabled once our ecosystem fully supports Uniswap V4 hooks, offering additional flexibility and integration with other decentralized protocols.

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Add Multi-Asset Support

In addition to market creation, AZEx allows users to leverage multiple ERC-20 assets as collateral within a single trading pair, providing a wide range of options for risk management and portfolio diversification.

• Multi-collateral functionality: Users can add any ERC-20 token as collateral, enabling them to trade using their preferred assets while maintaining the flexibility to choose from a wide range of tokens.

• Maximized flexibility for traders: With multi-asset support, users are not limited to one single asset for collateral but can choose any asset they hold in their wallet, increasing liquidity options and trading efficiency.

• Permissionless listing: This support extends to base/quote trading pairs, giving users complete control over what assets they wish to include in their trades, regardless of the asset’s market popularity.

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Coin-Margined Trading

For assets with low liquidity or highly volatile price movements, AZEx offers coin-margined trading. This allows users to trade and settle profits and losses in the asset being traded, isolating them from the fluctuations of the underlying asset's price. Coin-margined trading provides greater flexibility and risk management, especially for traders who wish to focus on specific assets without exposure to broader market movements.

• Denominated in Traded Asset: In coin-margined trading, profits and losses are settled in the same asset being traded, which makes it ideal for speculative trading or new assets where prices may be more volatile. Traders can trade the asset in a way that isolates them from broader market risks.

• Benefits of Coin-Margined Trading:

  • Lower liquidity requirements: The peer-to-pool model supports assets with lower liquidity by pooling community funds, making it possible to trade assets with less market depth.

  • Less exposure to broader market fluctuations: Coin-margined trading helps mitigate risks related to fluctuations in major market assets like BTC or ETH.

  • Enhanced profit/loss control: Traders can focus on asset-specific price movements without worrying about the impact of underlying asset movements.

This feature creates a dynamic trading environment where emerging projects and niche assets can gain traction and liquidity while ensuring that traders can still manage risk effectively. Through the permissionless listing and coin-margined trading, AZEx fosters a community-driven, decentralized marketplace, providing opportunities for new assets to grow and be traded on equal terms.