I like these types of projects, but this one is claiming more than it can deliver, in my opinion.

Downsides...

They don't have a big user base. The analytics currently only show 42 open trades in the version 2 platform.

Source: https://stats.mux.network/public/dashboard/13f401da-31b4-4d35-8529-bb62ca408de8

I'm also skeptical about their claim of zero price impact to trades. This means that even if you open a $1MM trade, that will not impact the price of the market. In all markets that I've seen, large positions will affect the market. That's the nature of trading. More demand will create higher prices and vice versa.

So I don't know how they can claim this. It doesn't make sense. Therefore, if the market prices aren't influenced by actual trades, what determines the prices?

Upsides...

The platform has a nice clean interface and provides up to 100X leverage. They also have some big backers like Binance Labs and have a decent social media following. So 1 extra star for that. Show Less

2024 Cyrator - Verified Crypto Intel

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