When it comes to decentralized finance (DeFi) trading platforms, FuturX stands out as a revolutionary option. In this in-depth comparison, we will explore why FuturX is the platform of choice for traders looking for self-custody of funds, trustlessness, transparency, low fees, advanced trading features, shared protocol revenue, high leverage options, a wide range of assets, a mobile app, and user empowerment. Let's dive in and see how FuturX compares to traditional centralized exchanges and other on-chain PERP trading protocols.

1. Self-Custody of Funds:

• Centralized Exchanges (CEX): ❌
• Other On-Chain PERP Protocol: ✅
• FuturX: ✅

FuturX empowers users by allowing them to have full control over their funds. Unlike centralized exchanges where users have to trust the platform with their assets, FuturX provides self-custody of funds, ensuring that users retain ownership and control over their cryptocurrencies.

2. Trustless/Permissionless:

• Centralized Exchanges (CEX): ❌
• Other On-Chain PERP Protocol: ✅
• FuturX: ✅

Trustlessness and permissionlessness are key features of decentralized platforms. While centralized exchanges require users to trust the platform and its custodial services, both other on-chain PERP protocols and FuturX operate in a trustless manner. Users can engage in transactions without relying on intermediaries, enhancing security and eliminating the need for trust.

3. Transparency:

• Centralized Exchanges (CEX): Limited
• Other On-Chain PERP Protocol: ✅
• FuturX: ✅

Transparency is essential for fostering trust in the trading process. While centralized exchanges may have limitations in terms of transparency, both other on-chain PERP protocols and FuturX provide a high level of transparency. Users can verify transactions and trading activities on the blockchain, ensuring a transparent and tamper-proof trading experience.

4. Low Fees:

• Centralized Exchanges (CEX): Depends on platform
• Other On-Chain PERP Protocol: Usually higher
• FuturX: ✅

FuturX offers a cost-effective trading experience with low fees. Unlike some centralized exchanges that may have varying fee structures, and other on-chain PERP protocols that tend to have higher fees, FuturX prioritizes affordability for its users.

5. Advanced Trading Features:

• Centralized Exchanges (CEX): ✅
• Other On-Chain PERP Protocol: Limited
• FuturX: ✅

FuturX provides advanced trading features to cater to the needs of experienced traders. While centralized exchanges generally offer a range of advanced trading options, other on-chain PERP protocols may have limitations. FuturX combines the best of both worlds by offering advanced trading features in a decentralized environment.

6. Shared Protocol Revenue:

• Centralized Exchanges (CEX): ❌
• Other On-Chain PERP Protocol: Limited
• FuturX: ✅

FuturX stands out by rewarding its users through shared protocol revenue. While centralized exchanges do not typically offer revenue-sharing opportunities, and other on-chain PERP protocols may have limited options, FuturX provides a compelling earning opportunity for liquidity providers, ensuring the platform's sustainability.

7. High Leverage Options:

• Centralized Exchanges (CEX): ✅
• Other On-Chain PERP Protocol: Limited
• FuturX: ✅

FuturX offers high leverage options for traders seeking amplified exposure. While centralized exchanges generally provide high leverage, other on-chain PERP protocols may have limitations in this regard. With FuturX, users can take advantage of high leverage to maximize their potential returns.

8. Wide Range of Assets:

• Centralized Exchanges (CEX): ✅
• Other On-Chain PERP Protocol: Limited
• FuturX: ✅

FuturX supports a wide range of assets, giving users access to diverse trading opportunities. While centralized exchanges generally offer a variety of assets, other on-chain PERP protocols may have limitations in terms of available assets. FuturX ensures that users can trade popular cryptocurrencies and other digital assets seamlessly.

9. Mobile App:

• Centralized Exchanges (CEX): ✅
• Other On-Chain PERP Protocol: Limited
• FuturX: ✅

FuturX provides a mobile app for convenient trading on the go. While centralized exchanges typically offer mobile apps, other on-chain PERP protocols may have limited mobile accessibility. FuturX ensures that users can access their accounts and engage in trading activities from their mobile devices.

10. On-chain Order Book:

• Centralized Exchanges (CEX): ❌
• Other On-Chain PERP Protocol: ❌
• FuturX: ✅

FuturX's on-chain order book enhances the trading experience by providing transparency and verifiability. While centralized exchanges and other on-chain PERP protocols may not offer an on-chain order book, FuturX ensures that users can verify transactions and market data on the blockchain, ensuring a fair and transparent trading environment.

11. User Empowerment:

• Centralized Exchanges (CEX): Limited
• Other On-Chain PERP Protocol: ✅
• FuturX: ✅

FuturX places a strong emphasis on user empowerment. While centralized exchanges may have limitations in terms of user control and decision-making, both other on-chain PERP protocols and FuturX empower users by providing self-custody of funds, trustlessness, and a transparent trading environment.

In conclusion, FuturX emerges as a top choice among DeFi trading platforms when compared to centralized exchanges and other on-chain PERP protocols. With its self-custody of funds, trustlessness, transparency, low fees, advanced trading features, shared protocol revenue, high leverage options, wide range of assets, mobile app, on-chain order book, and user empowerment, FuturX delivers a comprehensive and user-centric trading experience. By combining the benefits of decentralized trading with innovative features, FuturX paves the way for the democratization of trading in the DeFi ecosystem.