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PriveX Goes Live on COTI with an Intent-Based Trading Platform

PriveX Goes Live on COTI with an Intent-Based Trading Platform

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by Giorgi Kostiuk

2 days ago


The PriveX platform has recently launched on the COTI blockchain, offering users a new level of decentralized trading focused on security and the use of modern technologies.

Overview of PriveX and its Benefits

PriveX is a decentralized exchange (Perp-DEX) focused on futures trading using privacy-enhancing technologies. The platform allows users to trade perps markets while leveraging the privacy technology of the COTI network.

Technological Features of the Platform

Utilizing intelligent trading agents, PriveX actively employs an intent-based execution system that dynamically sources liquidity based on trader instructions. The entire execution process is managed via a solver network powered by Symmio, ensuring liquidity from various sources, including centralized exchanges.

Development Plans and Reward Program

With the launch on COTI's mainnet, PriveX has introduced a reward program for early adopters. Traders can earn PriveX points and SYMM tokens, granting access to upcoming airdrops. The platform aims to expand its features by adding an AI agent portal and further integrating COTI’s privacy technologies.

As PriveX launches on the COTI platform, the decentralized trading market gains a powerful tool focused on security and innovation. The future of PriveX is expected to be connected to expanding functionalities and bridging the gap between decentralized and traditional exchanges through the use of AI and advanced technologies.

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