The first-ever intent-based Perpetual Decentralized Exchange, known as PriveX, has been launched by the COTI network, intended to bridge the gap
The COTI network has announced the launch of PriveX, the first-ever intent-based Perpetual Decentralized Exchange. It aims to bridge the gap between centralized and decentralized trading.
PriveX is an integration of artificial intelligence with decentralized finance, shifting toward an AI-powered decentralized financial ecosystem DeFAI. It is powered by Symm.io for infrastructure and IntentX for a non-custodial trading interface. This enables users to access CEX liquidity depth pools, starting with Binance. Traders can benefit from decentralized security while accessing CEX liquidity.
PriveX – AI-Driven Perpetual DEX
A key feature of PriveX is its AI trading agents. The users can design, train, and customize AI trading bots to fine-tune trades in real time. The AI agents are all time analyzing the market and can actually even promote their strategy on social media. For community engagement, PriveX has designed vaults through which users can assign funds to AI agents that have been performing exceptionally well and earn through some or other good trades without losing any control.
Currently live on the Base network, PriveX is set to transition to COTI’s Mainnet. For this migration, the platform will launch new privacy features to ensure traders can implement advanced strategies without leaking sensitive data. This will change the proprietary trading concept in DeFAI.
To encourage early adoption, PriveX has launched an extensive points program that incentivizes users to trade and interact with the product. Users can redeem these points for $PRVX tokens and other unique rewards within the ecosystem.
As a COTI-backed initiative, PriveX aligns with COTI’s mission to build a secure and scalable Web3 ecosystem. COTI’s confidentiality layer, powered by Garbled Circuits, a cutting-edge cryptographic protocol, enables privacy-focused innovations. It enhances security across DeFAI, Real-World Assets (RWA), identity management, and other applications. With PriveX leading the charge, COTI continues to push the boundaries of decentralized trading
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