MEKE: A Decentralized Trading Platform for Cryptocurrency Derivatives

• The cryptocurrency trading market can be broadly divided into two categories: spot trading and derivative trading.
• According to data from CoinMarketCap and other professional cryptocurrency derivative platforms, the daily trading volume hovers around $30 billion for spot trading and $70 billion for derivative trading.
• There is a pressing demand among traders for a decentralized cryptocurrency derivative trading platform that offers security, transparency, and user-friendliness.

Overview of the Cryptocurrency Trading Market

The entire cryptocurrency market witnessed waning popularity over the past two years due to the deteriorating global economic environment and adverse events within the industry. Nevertheless, the market continues to exhibit exuberance when it comes to daily trading. The cryptocurrency trading market can be broadly divided into two categories: spot trading and derivative trading. According to data from CoinMarketCap and other professional cryptocurrency derivative platforms, the daily trading volume hovers around $30 billion for spot trading and $70 billion for derivative tradings which translates into a daily revenue of hundreds of millions of dollars.

Demand for Decentralized Contract Platforms

In contrast to the spot trading market, cryptocurrency derivative trading boasts a greater size yet is still in its maturing process. At present, most users rely on centralized contract exchanges which are known to facilitate various behind-door practices and manipulations that greatly disadvantage traders. Although decentralized contract platforms exist, they are beset by multiple obstacles like usage inconveniences. As such, there is a pressing demand among traders for a decentralized cryptocurrency derivative platform that offers security, transparency, and user-friendliness.

MEKE – A Decentralized Cryptocurrency Derivative Trading Platform

MEKE is precisely such a decentralized platform that is secure, transparent, and user-friendly with its main functions deployed on Binance Smart Chain (BSC). This prevents fraudulent transactions at source while also ensuring fairness in user transactions by utilizing optimized algorithms to expedite transaction speed without compromising usage experience.

Features of MEKE

MEKE is an on-chain perpetual protocol platform developed by a US technology team capable of generating hundreds of millions of dollars in profit per day. It has all features necessary for efficient crypto derivatives transactions including liquidity protection mechanisms such as insurance fund pooling; price protection mechanisms like circuit breaker; risk control measures like margin call/stop out system; automatic risk management & liquidation mechanism; remote liquidation & advanced order types; real time P&L calculation & tracking; customizable fees structure; modular framework & open source codebase etc.. All these features combined make MEKE one of the most robust DeFi derivatives protocol available today!

Conclusion

MEKE is an innovative solution that promises secure transactions with high speeds suitable for both retail investors as well as large institutional investors looking for an alternative asset class within crypto marketspace with low entry barriers but high returns potentials through smart contract technologies backed up with sophisticated risk management systems & protective measures built in place!