Mu Exchange; Live on Gnosis Chain
Introduction to Mu Exchange
A change to the current perpetual DEX status quo is needed — that’s what Mu Exchange brings. Mu Exchange is revolutionary in the aspect that we can bring powerful innovations. We are the first Perpetual Decentralized Exchange (Perp DEX) to offer leverage trading with a yield-bearing token ($sDAI) as collateral. Users can continue earning their $DAI Saving Rate yield when trading even after opening positions.
TripleEarn Vault ($msDAI)
First in DeFi to offer three streams of income in a perp DEX vault:
- Single-Sided Deposit: Users can deposit $sDAI into our $sDAI Vault to become market makers of Mu.
- Depositing into the $sDAI Vault also earns you a substantial portion of Mu’s trading fees, earning 90% of the trading yield.
- Depositing into the $sDAI Vault can continue to earn a $DAI Saving Rate yield on top of the Mu trading fees.
YieldBuffed Trading
As $sDAI is a yield-bearing stablecoin, just holding it alone will gain you yields. Imagine trading with an up-only asset, and your trades are profiting! Truly YieldBuffed.
Proud to be on Gnosis Chain
We are proud to be on Gnosis Chain — one of the most decentralized blockchains containing many DeFi legos at your disposal (think of all the DeFi legos that can build on top of $msDAI). As one of the critical DeFi pillars for any blockchain, perpetual DEXes are essential as they let users trade on a more professional level and hedge their positions from just being able to long only. Also, Gnosis Chain offers unparalleled aspects of decentralization and much lower gas fees compared to almost every other chain, including many famous L2s.
Finally, the uniqueness of Gnosis Chain is that the gas fee is paid in $xDAI — a stablecoin. Your gas fees are stablecoins, and your trading asset is a yield-bearing stablecoin! Indeed, it is a genuinely DeFi-centric chain and ecosystem.
Security audit
No fear, we are safe and audited — check out our audit report by one of the best security audit firms in the industry — Peckshield.
Follow us!
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Discord: MuExchange
