AscendEX is a leading global digital asset financial platform founded by a group of Wall Street quantitative trading veterans in 2018, servicing retail and institutional clients in over 200 countries and regions of the world. Building on core value of &ldquo;Efficiency, Resilience and Transparency,&rdquo; AscendEX continues the tradition of innovation, and the commitment to driving operational excellence from product design to industry partnership expansion. Driven by its continuous innovative product development and early-mover advantage in strategic alignment with the leading projects from DeFi ecosystem, AscendEX offers trading services across over 200 trading pairs across cash, margin, and futures products, in particular margin trading of over 50 tokens in cross-asset collateral mode and futures trading in both cross-asset and isolated margin modes. Furthermore, the platform has clearly set itself apart from other competitors as the top-tier financial platform with its full integration of &ldquo;Cash &ndash; Margin &ndash; Futures - Staking &ndash; DeFi Mining.&rdquo; BTMX, the platform native utility token, now ranks one of top 100 crypto assets by market capitalization. AscendEX has ranked top 3 among global trading platforms by ROI, per industry research data. With strong control risk mindset, the AscendEX team have applied traditional financial market rigor to the design and development of high-performance order matching system and digital asset security management with dynamic combination of hot and cold wallet solutions. The core mission of the platform is to create a robust, secure, and reliable experience for all participants; and a consistent source of liquidity for primary listing and trading offerings.

USDx stablecoin

USDx is the ethereum-based ERC20 stablecoin initiated by the dForce Decentralized Finance Protocol platform, and it is also the first stablecoin to receive strategic investment from the world's leading commercial banks. Its main advantages include: asset interest generation, risk diversification, multiple insurance, RMB and USD OTC channels, decentralized governance model, etc. As an index stabocoin, USDx is anchored to a series of high-quality component stabocoins (1 USDx = 0.3USDC + 0.3TUSD + 0.3PAx + 0.1DAI). Users can exchange component stabocoins into USDx by weight through minting protocol. You can also destroy the USDx and get back the series of component stablesoins. The coin minting and destruction process are all implemented in the chain, ensuring a high degree of transparency, tampering and censorship of the operation. The types and weights of component stablecoins will be adjusted through on-chain governance.

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