FlowX Launches Perp DEX Expanding Trading Experience on Sui Blockchain
In DeFi, perpetual Futures Contract (perp) are playing an increasingly important Vai . They allow users to trade with leverage, open and close positions flexibly, and access Capital strategies that Capital previously only available on CEXs.
However, most users still have to go to CEX to trade perp. FlowX wants to change that on Sui Blockchain . With the launch of Perp DEX , the project aims to bring a similar experience to CEX but still ensure decentralization and native settlement on Sui.
What does FlowX Perp offer?
Perp on FlowX is built with several highlights:
Performance : FlowX Perp is built on Hyperliquid and leverages its liquidation depth to ensure fast and stable order matching, with settlement directly on Sui, keeping the experience fast and transparent.
Familiar interface : designed according to professional trading interface standards, easy to access for both newbies and experienced traders.
Flexible leverage : supports many trading pairs with different leverage levels, suitable for many trading strategies.
Connected to the FlowX ecosystem : users can move Capital easily between spot, farming and perp instead of having to use multiple separate platforms.
FlowX Perp Campaign with a total prize pool of 50,000 FLX
To celebrate the new feature, FlowX is launching a Perp Trading Competition in October with a total prize pool of 50,000 FLX . This program encourages users to experience the new product and at the same time creates fair competition between traders.
At the same time, through this campaign, the FlowX team also wants to listen to direct feedback from the community to continue improving and perfecting the product, aiming for better Perp versions in the future.
Time : from October 2 to October 30
Scoring mechanism:
Net Profit : each 1 USDC net profit = 20 points (only calculate real profit, not count unrealized PnL).
Trading Volume : every 50 USDC trading Volume = 1 point (applies to both open and closed positions).
Social & community tasks : complete tasks such as retweeting, writing posts, or Chia PnL to receive extra points (up to 200 points).
Prize structure (total 50,000 FLX)
FlowX divides rewards into 3 main categories:
MVP Reward – 10,000 FLX
For the top 20 traders on the leaderboard.
Direct distribution by rank when campaign ends.
Progressive Reward – up to 35,000 FLX
This reward increases according to the total volume of all eligible participants, up to a maximum of 35,000 FLX.
Calculation:
- With the first 50 million USDC Volume → every 1 million USDC will add 200 FLX to the pool.
- With Volume exceeding 50 million USDC → each 1 million USDC will add 100 FLX.
This reward pool will be Chia among the top 100 traders, distributed according to score proportion.
Pioneers Reward – 5,000 FLX
For the first 500 traders to register and trade on FlowX Perp.
Snapshot determines the list on October 6, 10:00 AM (Vietnam time).
Conditions of participation :
Each wallet can deposit up to $500 USDC for perp trading during the campaign period.
You need to register an account (wallet + social) via the form: form.typeform.com/to/ckaGmYvO#id=c8 to be eligible to participate.
Volume and profit will be updated periodically and publicly on the leaderboard.
Join today
Users can visit https://flowx.finance/perp to get started.
If you register now, you will be eligible for the Pioneer Reward – with 5,000 FLX for the first 500 traders (Snapshot as of October 6, 10:00 AM Vietnam time ).
Starting early not only helps to familiarize yourself with the product, but also gives you an advantage in campaign points over later participants. This is an opportunity to experience Perp as early as possible and at the same time increases your competitiveness for rewards.
FlowX in the bigger picture
Perp is just one new Shard in FlowX's roadmap. The platform is building a comprehensive trading ecosystem on Sui, including DEX, farming, launchpad, aggregator, and now perp.
With its “all-in-one” approach, FlowX hopes to become the central project for decentralized financial activities, while expanding the choices for the trader community on Sui.
Also Read information about FlowX Finance here: Website ｜ X ｜ Telegram
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