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by Nate Urbas

Crypto Trader, Bitcoin Miner, Holder. 🚀🌑

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LEXER Markets

lexer.markets

(0 reviews)
(0 reviews)
Site Rank: 1095

If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....

Their Official site text:


Overview
Lexer is a decentralised perpetual trading platform supporting a wide range of markets with deep liquidity, the core features of Lexer are:
Crypto, Forex, NFT and Indices markets
Up to 100x leverage
High real yield liquidity providing without impermanent loss
Advanced risk management
How does LEXER work and what makes it unique
Lexer is powered by its unprecedented and innovative Hybrid Liquidity Engine and Smart Router on top of an evolving group of Oracle-based Settlement Algorithms. 
Lexer Architecutre
What is Oracle-based Settlement Algorithm?
Oracle-based settlement algorithm is a group of transaction settlement algorithms that rely on data from on-chain oracles, instead of reserve of liquidity in CFMM based, or liquidity depth in order-books. 
Different settlement models
Advantages
No price impact
Low to zero slippage
Instant settlement
High capital efficiency in liquidity providing
Enabling markets without physical inventory
Challenges
Individual liquidity models only work well for specific type of assets and functions
Advanced risk management for LP is required for different market conditions
Oracle manipulation and front-running attack
Individual models work best only for specific markets and cases
What is Hybrid Liquidity Engine and how does it overcome the challenges
Hybrid Liquidity Engine organically combines multiple liquidity models into a single trading platform. Instead of trying to making one model to fit all use cases and markets, hybrid engine makes use of strengths from individuals and avoid weaknesses and thus more markets can be enabled easily without compromises. 
More on Hybrid Liquidity Engine .
Hybrid engine makes use of strengths from individuals and avoid weaknesses
What is Smart Router
The smart router is the mechanism capable of making decisions about how to route trades into according liquidity engines to optimize efficiency and performance. The smart router determine the best route for each trade to bring better utilization and balance between engines, this can help to improve trading experience and provide possibility to integrate more trading engines into Lexer and ultimately opens up more variety and market availability. 
More on smart Router .
Smart router unifies access to multiple LP engines and provides frictionless experience
What does it means for traders
Wider range of markets with deep liquidity
Supreme trading experience
What does it means for liquidity providers
High real yield opportunities without impermanent loss
Flexibility in choosing what types of markets to back and make risk-adjusted return 
What does it means for protocols and ecosystem
Cross-protocol margining is made possible
New legos for building advanced Defi strategies

Get started
Connecting your wallet 
Before starting your trading journey on Lexer, you can connect your wallet through the "connect wallet" on the top right conner of the trade page: 
press to connect wallet
After select and connected to your wallet, you would need to connect to the arbitrum network. You will the message under poped up if your wallet is not connected to arbitrum, simply clicking onto the message will help redirect you to arbitrum network. 
Sending Fund to Arbitrum
You will need to have funds in your arbitrum account to start trading.
The easiest way to get funds on the Arbitrum network is to use a centralized exchange that is integrated with Arbitrum, it can be sent through Binance, Bybit ...etc.
Alternatively you can send your ETH from Ethereum mainnet to arbitrum through arbitrum bridges.
The token bridging can vary from ten minutes to 1 hour, depending on the network traffic. Here is some options below you can choose:
Multichain
Stargate 
Synapse
Opening  trades
Before opening a trade, start by selecting the market and the trading pair which you want to begin trading. 
Click on "Long"(Buy) or "Short"(Sell) depending on which side of the leveraged trade you are taking. After selecting your side, you can enter the desired collateral and adjust the leverage using the leverage slider below.
After setting the parameters, simply click on "Open position" and confirming the transaction on Metamask.
Closing trades
You can see the trade, you can see the trade details under the position list and closing the position at the tab on the right. 
We planned to implement stop loss and take profit in the next iteration and traders will be able to modify it in this tab.
Dark Mode
If you are one of those whoes eyes deteriorate under light theme, we got you covered! You can switched to dark mode on the left of the marquee bar to save your eyes from dying.