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Home Blog Introducing Surge
Jun 18, 2024
Introducing Surge
The first perpetual DEX on the Radix network, born from a powerhouse collaboration between CaviarNine, KeyRock and Supra. Each partner brings unparalleled expertise, from cutting-edge oracle technology to deep financial acumen.
Web3, surge
Prophet

Welcome Insurgents!

We’re thrilled to unveil Surge.

The first perpetual DEX on the Radix network, born from a powerhouse collaboration between CaviarNine, KeyRock and Supra. Each partner brings unparalleled expertise, from cutting-edge oracle technology to deep financial acumen.

In less than six months, the Radix ecosystem has flourished with innovative dApps, including concentrated liquidity DEXs for native and Instabridge-wrapped tokens, escrow and lending protocols and NFT marketplaces. Surge is set to take the Radix ecosystem to new heights by introducing a comprehensive, secure and user-friendly trading environment specifically designed for off-ledger markets.

Perpetual trading platforms allow traders to seek higher returns using leverage for their positions and to be free of traditional expiry date constraints. Surge not only facilitates this through its innovative design but also enriches the ecosystem for liquidity providers (LPs).

Positioned as the premier perpetual DEX on Radix, Surge combines the best practices from established protocols with its own unique features.

Key Features of Surge

Advanced Trading Platform: Surge will support over 100 instruments, with price feeds accurately provided by Supra, catering to a wide array of trading strategies. Innovative Account and Collateral Management: Our novel account system combines both efficiency and choice between pooled and segregated margin.

User-Friendly Interface: Tailored for both novices and seasoned traders, Surge simplifies complex operations without compromising on sophistication.

Use of Scrypto Smart Contracts: Surge leverages the Radix network’s full potential to ensure a seamless and secure trading experience.

Additional Features: Instant trading without signup, advanced referral rewards and more features will be detailed in the coming months.

Introduction of the SRG Token

Central to the Surge ecosystem, the SRG token facilitates governance, fee structures and rewards. We will unveil comprehensive details on token allocation and utility in the near future, emphasising the advantages for our early supporters and community.

Early Access and Registration

Join us early by signing up at the Surge website and following our announcements on Twitter and Telegram. Early registrants will gain exclusive access to the platform, previewing the future of DeFi trading.

Community Engagement and Rewards

Our commitment to community engagement includes rewarding early adopters, referrals and testnet participants. We’re dedicated to nurturing a robust and active community, with more information on these initiatives to be shared soon.

Future Developments and Roadmap

Surge’s roadmap is ambitious, with plans to expand features and enhance the platform continually. We’re excited about the future and will release more details on these developments in the coming months.

Closing Thoughts

The introduction of Surge marks a significant milestone in DeFi. We’re at the beginning of an exciting journey and look forward to sharing more with our community as we progress.

For more information and to sign up for early access, visit our website https://www.surge.trade/

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