Merkle Trade Launches TGE Sequence for Gamified Perp DEX on Aptos

Thursday, 29 August 2024, 13:01

Merkle Trade, a gamified perpetual DEX on Aptos, is launching its TGE Sequence with innovative staking and auction options. This event starts on August 29, 2024.
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Merkle Trade Launches TGE Sequence for Gamified Perp DEX on Aptos

Merkle Trade TGE Sequence Overview

Merkle Trade, the first gamified perpetual futures decentralized exchange (DEX) based on Aptos, is launching its Token Generation Event (TGE) Sequence, which features both Genesis Staking and a Liquidity Bootstrapping Auction (LBA).

Key Features of the TGE Sequence

  • Genesis Staking allows preMKL holders to earn USDC rewards while retaining their MKL tokens.
  • The LBA runs from August 29 to September 5, offering exclusive rewards for early users.
  • Merkle Trade’s user-friendly platform supports trading with as little as $2 in collateral.

Investment Opportunities

By participating in the LBA, users can deposit USDC or preMKL over a 7-day period. Participants will receive MKL-USDC LP tokens, generating dual rewards from trading fees and a portion of the total MKL supply.

Engaging with Merkle Trade

Merkle Trade aims to make trading fun and accessible, boasting more than $12.9 billion in cumulative trading volume and over 124,500 traders on its platform. Users are encouraged to evaluate their financial goals and choose the best strategy from the TGE Sequence.

For more updates on participation in the LBA, stay tuned to Merkle Trade’s official channels.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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