*SCHWARZENBACH, Switzerland, May 3rd, 2023/Chainwire/--*DX25 Labs has officially launched the public testnet for its powerful new decentralized exchange (DEX) built on the MultiversX blockchain ecosystem. The platform is aimed at both individual and institutional traders in the MultiversX ecosystem. set to introduce a robust set of DeFi tools After announcing that had raised $750k in seed funding in early March, it has officially , which will offer users the opportunity to try out some of the features the platform offers. DX25 Labs launched its public testnet The company aims to bridge the divide between TradFi and DeFi with a comprehensive suite of - novice and professional traders in the MultiversX ecosystem. products tailored to both sides of the aisle “Over the last few months, our team has worked tirelessly on preparing DX25 for launch. The public test net will give users a glimpse into what we have planned for the platform as we prepare to launch a comprehensive suite of trading features throughout the course of 2023 and beyond. We’ve set out to build a powerful new trading platform for the MultiversX ecosystem that offers a robust set of features without overcomplicating the overall user experience,” said James Davies, Chief Product Officer of DX25 Labs. DX25 was developed by Tacans Labs, the DeFi builder arm of Switzerland-based Tacans AG, with a team of over 40 staff dedicated to developing and marketing the platform. The public testnet will offer users the ability to try out some of its features, such as swapping and the creation of liquidity pools that make use of its concentrated liquidity and multiple fee levels. Together with the launch of its public testnet, the company has aimed at incentivizing early users of the public testnet. announced a rewards program DX25 has allocated a total of 100,000 USD worth of $DX25 tokens for its rewards program, which will require users to use and promote the platform actively. ‍About DX25 Labs ‍DX25 is a feature-rich decentralized trading platform built on the carbon-neutral MultiversX blockchain. Its combination of DeFi and TradFi features sets it apart in a sea of similar DEXes. The leadership team includes award-winning entrepreneur Mathias Lundoe Nielsen, and industry veterans, James Davies, Ivan Ivaschenko, and Marie Tatibouet. For more information, visit www.dx25.com ‍About Tacans Labs‍ Co-founded by Danish entrepreneurs Lars Seier Christensen, founder of Saxo Bank and Concordium blockchain, and Mathias Lundoe Nielsen, an award-winning serial entrepreneur with multiple tech ventures, Tacans Labs is the DeFi arm of Tacans, a web3 venture builder invested in the future economy of blockchain by building, funding and acquiring cutting-edge Web3 companies. Started in 2021, the group’s portfolio comprises of seven Web3 companies across multiple sectors with a combined valuation of $63M+. For more information, please visit www.tacans.com Contact PR Manager Dion Guillaume Tacans Labs dion.guillaume@tacanslabs.com 0734545400 *: This story was distributed as a release by Chain Wire under HackerNoon’s Brand As An Author Program. Learn more about the program .* Disclaimer here

This is a PR written by or for the company mentioned within it. The writer has a vested interest in the company and products mentioned within.

Leading Digital Racing Media Network Veloce Goes Web3

Public Testnet Announcement: DX25 Launches DEX on MultiversX Blockchain

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

Untitled Story

$500k Presale: TG.Casino Passes Milestone with Upcoming Telegram-Powered Platform

The Noonification: Use This 7-Step McKinsey Framework to Solve Any Problem (1/10/2023)

$500k Presale: TG.Casino Passes Milestone with Upcoming Telegram-Powered Platform

The Noonification: Have U Been Pwned? (1/12/2023)

0xMahjong NFT to Begin Free Minting - Mahjong Meta Game Expects Over $10 Million In Funding

$500k Presale: TG.Casino Passes Milestone with Upcoming Telegram-Powered Platform

The Noonification: Use This 7-Step McKinsey Framework to Solve Any Problem (1/10/2023)

$500k Presale: TG.Casino Passes Milestone with Upcoming Telegram-Powered Platform

The Noonification: Have U Been Pwned? (1/12/2023)

0xMahjong NFT to Begin Free Minting - Mahjong Meta Game Expects Over $10 Million In Funding

Light-Mode

Classic

Newspaper

Dark-Mode

Neon Noir

Minty

HN StartUps