

Convert CYDX to your currency
Last Updated on Oct 06, 2025 04:43 PM
What is CyberDEX?
About the coin
CyberDEX is a decentralized perpetual swaps trading platform that operates on the Optimism network. It is powered by Synthetix, a protocol that allows traders to access large liquidity pools. This setup enables users to execute trades with minimal slippage and market impact, making it an attractive option for traders looking for efficient and cost-effective trading solutions.
Main features
The platform leverages the Synthetix debt pool, a substantial liquidity pool that ensures trades are executed at the closest price level to the order, with minimal market disruption. This is achieved through the use of sUSD, a stablecoin that is both liquid and immutable. The stablecoin is quoted against tradable synthetic assets, with prices that match the underlying assets using decentralized data oracles like Chainlink and Pyth.
How it works
CyberDEX functions by utilizing the unique model of Synthetix, which provides a massive pool of liquidity. This model allows for the execution of trades in size, ensuring that traders can carry out their transactions efficiently. The use of decentralized data oracles ensures that the prices of synthetic assets are accurate and reflective of the underlying assets, providing traders with reliable and trustworthy trading conditions.
Wallet for CyberDEX
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Tangem supports networks for CyberDEX
- Ethereum
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CyberDEX FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- CyberConnect is positioned asa foundational component in the evolving landscape of decentralized social networks and Web3 applications. It leverages blockchain technology to offer a protocol that emphasizes user ownership and control over digital identities, content, connections, and interactions.
- It operates on the Binance Smart Chain, ensuring low fees and high efficiency, key attributes in the best DEX listings.The platform's focus on peer-to-peer transactions minimizes reliance on a central authority, staying true to the decentralized nature of blockchain technology.
- Founded in 2021, Soldex isa trustless decentralized trading protocol on Solana, headquartered in Halifax, Canada. Soldex uses Artificial Intelligence coupled with Machine Learning to solve some peculiar real-time cross-exchange problems. It has a lot customizable of bots to enhance the trading experience of its users.
How to secure CyberDEX with Tangem Wallet?
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Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why choose CyberDEX wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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