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Market capitalization: $3.64T
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LogX
LOGX

About LogX

The LogX Liquidity Pool, comprised of USDC and USDT, enables trading with either stablecoin as collateral. Trader profits and losses (PnL) are settled in the same collateral token. Liquidity providers earn LLP tokens, the liquidity token for LogX, by depositing USDC or USDT. LogX employs a "dark oracle" to gather prices from various centralized and decentralized exchanges, establishing a median price. This aggregated price is compared to data from the Pyth Oracle network and recorded on-chain. This on-chain comparison, along with aggregation from multiple sources, ensures a comprehensive market price for each token pair. By utilizing USDC and USDT, LogX avoids the need for high liquidity for each individual token pair, a common challenge in order book-based decentralized exchanges (DEXs)...

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