UXUY

UXUY

Stablecoin-centric protocol enabling seamless cross-chain cryptocurrency trading with minimal slippage and high liquidity. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD38—57m (Dealroom.co estimates May 2024.)
Singapore Central (HQ)
  • Edit

Recent News about UXUY

Edit
More about UXUYinfo icon
Edit

UXUY is a cutting-edge startup that operates in the cryptocurrency trading market. The company focuses on providing seamless trading experiences through its stablecoin-centric bridges and cross-chain liquidity aggregation protocol. In simpler terms, UXUY makes it easy for users to trade different types of cryptocurrencies by connecting various blockchain networks, which are the digital ledgers where cryptocurrencies are stored and traded.

The primary clients of UXUY are developers and businesses involved in decentralized applications (DApps), GameFi (gaming finance), SocialFi (social finance), and NFTs (non-fungible tokens). These clients benefit from UXUY's suite of products, including customizable widgets and APIs (application programming interfaces). These tools allow developers to integrate UXUY's trading capabilities into their own platforms without the hassle of dealing with multiple trading systems and exchanges.

UXUY operates in the rapidly growing Web3 market, which is the next generation of the internet focused on decentralization and blockchain technology. The company's business model revolves around providing a comprehensive solution for cross-chain payments and trading. This means that users can trade cryptocurrencies across different blockchain networks with ease, thanks to UXUY's stablecoin-based bridges and hybrid liquidity pools.

UXUY makes money by charging fees for the trades executed on its platform and by offering premium features and services to its clients. The platform's decentralized nature ensures that trading activities are secure and efficient, with minimal slippage (the difference between the expected price of a trade and the actual price).

In summary, UXUY is revolutionizing the cryptocurrency trading landscape by simplifying cross-chain liquidity access and providing robust tools for developers and businesses in the Web3 space.

Keywords: cryptocurrency, stablecoin, cross-chain, liquidity, blockchain, DApps, GameFi, SocialFi, NFTs, decentralized.