English | 简体中文 | 繁體中文 | 한국어 | 日本語
Sunday, 15 September 2024, 06:00 HKT/SGT
Share:
    

Source: IdeaSoft
JibX Launches Perpetual DEX on INTMAX's Plasma Free Layer 2 Solution
JibX was developed in collaboration with IdeaSoft, a leading blockchain application developer and member of Sigma Software Group, and INTMAX, the company behind Plasma Free. IdeaSoft's experience in building blockchain applications, combined with INTMAX's advanced scaling technology, has enabled JibX to create a scalable, secure, and efficient DEX platform poised to transform the DeFi landscape.

TOKYO, Sept 15, 2024 - (ACN Newswire) - JibX is excited to announce the launch of its perpetual decentralized exchange (DEX) built on INTMAX's Plasma Free, an advanced Layer 2 scaling solution for Ethereum. JibX aims to revolutionize decentralized finance (DeFi) by offering zero transaction fees, leverage up to 250X, and privacy-focused off-chain settlement.

Plasma Free, developed by INTMAX, enables JibX to deliver near-zero fees, high transaction speeds and secure trading while maintaining Ethereum's reliability. Using zero-knowledge proofs and decentralized architecture, Plasma Free resolves key challenges in scalability and cost, making it the perfect platform for JibX's advanced trading model.

Quote from JibX Core Team:

"Launching JibX on Plasma Free allows us to provide a next-generation trading experience. Zero gas fees, high leverage, and unmatched scalability make JibX a game-changer in the DeFi space. We're proud to bring this innovation to market."

Partnership with IdeaSoft and INTMAX:

JibX was developed in collaboration with IdeaSoft, a leading blockchain application developer and member of Sigma Software Group, and INTMAX, the company behind Plasma Free. IdeaSoft's experience in building blockchain applications, combined with INTMAX's advanced scaling technology, has enabled JibX to create a scalable, secure, and efficient DEX platform poised to transform the DeFi landscape.

Key Features of JibX's DEX

  • Zero Transaction Fees: Plasma Free reduces fees to nearly zero, making trading more accessible.
  • Perpetual Swaps with High Leverage: JibX is supported by cutting-edge algorithms and an insurance fund to effectively handle activities with a high degree of risk.
  • Re-staking and Collateral Rewards: We generate an interesting multiplier effect by using LST-based assets and stablecoins. This makes it possible for us to split fees with active traders and to distribute points for re-staking.
  • Privacy and Security: Off-chain private settlement ensures privacy and minimal trading costs.

About JibX:

JibX is a decentralized exchange (DEX) platform that aims to revolutionize DeFi by drastically reducing transaction fees to near zero, all while maintaining high speed and privacy. Additionally, by leveraging the scalability of INTMAX's Plasma Free, JibX opens up new opportunities for developers to build projects with unprecedented efficiency and scale. The future of decentralized finance is huge, and JibX is at the forefront of this exciting journey.

About IdeaSoft:

IdeaSoft is a leading fintech blockchain development company that helps startups and enterprises to build cutting-edge solutions.

Contact Information
Nataliia Komarnytska
PR manager
nataliia.komarnytska@ideasoft.io

SOURCE: IdeaSoft



Topic: Press release summary
Source: IdeaSoft


https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Everest Medicines Unveils Breakthroughs in AI+mRNA Platform, Reinforces Global Leadership in Next-Gen mRNA Innovation  
July 4, 2025 18:59 HKT/SGT
DENSO Acquires Axia Vegetable Seeds to Realize Sustainable Agriculture  
Friday, July 4, 2025 3:20:00 PM
MHIET Launches 450kW Gas Cogeneration System Capable of Hydrogen Co-Firing  
Friday, July 4, 2025 2:13:00 PM
INVEST FAIR Malaysia 2025 Spotlights Investor Trends, Multi-Asset Literacy, and Tech-Driven Platforms  
July 4, 2025 13:00 HKT/SGT
Yachiyo Engineering and NEC launch adaptation finance study in Indonesia to calculate the adaptation value of disaster prevention measures  
Friday, July 4, 2025 12:25:00 PM
Fujitsu to implement store monitoring solution for METRO Inc. in Canada, enhancing operational efficiency and policy compliance  
Friday, July 4, 2025 12:19:00 PM
Chinabank Fully Transitions Into AI-powered Human Capital Management  
July 3, 2025 20:30 HKT/SGT
UOB Hong Kong becomes first Singapore-based bank to sign MOU with HKTDC  
July 3, 2025 16:29 HKT/SGT
Fujitsu to develop ETF trading platform based on TSE's CONNEQTOR and provide it to Australian Securities Exchange  
Thursday, July 3, 2025 10:14:00 AM
AI-Powered CX, Operational Efficiency, and Smarter Journeys Redefining Strategies Across UK Enterprises: Customer Experience Live Show UK 2025 Unveils Industry Priorities  
July 3, 2025 08:59 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575