In April 2025, at the Paris Blockchain Week, BYDFi unveiled MoonX — a new tool for MemeCoin investors, focusing on smart trading capabilities.
Features of MoonX
MoonX is designed to provide MemeCoin investors with features that facilitate efficient trading. Key characteristics include:
* Fast token listing using API data exchanges with platforms like Pump.fun. * Smart risk control that assesses token security across various criteria. * Tracking 'smart' investors based on analysis of millions of addresses. * Trade optimization utilizing gas control algorithms and slippage control mechanisms.
Structural Changes at BYDFi
The launch of MoonX represents BYDFi's transition into the 'Dual Engine Era', combining centralized and decentralized platforms. The company was among the first to complete this platform upgrade, giving BYDFi a competitive edge in the evolving crypto exchange market.
MemeCoin Market and Future Investments
With the growing popularity of MemeCoins, BYDFi sees significant potential for increasing its user base. CEO Michael noted, 'Traditional exchanges are shifting toward a broader competitive landscape where leaders will be the platforms integrating user demands with the ecosystem.'
The advent of MoonX reflects BYDFi's commitment to innovation in the cryptocurrency sector, facilitating broader access to Web3 and MemeCoin investments.
