Launch Your Own Perpetual Futures DEX Platform Like ApolloX

Back in the early days of cryptocurrency trading, spot trading was the sole way for a user to trade or invest in cryptocurrency.  Spot trading allows you to purchase a cryptocurrency at the going rate, hang onto it for a while (in the hopes that the price will rise), and then sell it whenever you'd like. As the crypto industry continues to grow rapidly, traders expect more advanced trading options. This leads to the development of advanced trading options like derivatives.

The rise of decentralized finance (DeFi) has introduced a new paradigm, allowing traders to manage their own funds directly from their wallets without the need for intermediaries. Platforms like ApolloX have demonstrated the potential of this model. This article will explore the concept of a white label perpetual futures DEX platform, drawing inspiration from the features and functionality of successful platforms like ApolloX.

What is ApolloX Finance?

ApolloX Finance is a decentralized derivative trading platform that allows its users to trade perpetual contracts whose value is based on cryptocurrencies. These contracts enable users to trade contracts with no expiration date. The decentralized nature allows users to buy and sell directly from their wallets without the need for any intermediaries.

All transactions on the futures DEX platform are executed on-chain, maintaining transparency and security. It provides a cost-efficient trading experience for its users by offering low trading fees and the lowest slippage on the market. It offers up to 750x leverage (extremely high), which provides huge profits for even small price movements. Also, since it has a permissionless DEX engine, businesses can launch their own DEX quickly.

Notable Features of the Perpetual Futures DEX like APX Finance

This decentralized perpetual platform, like APX Finance, offers several notable features for its users to stand out in the competitive market. Here’s why this platform is one of the most popular in the market:

Shared Liquidity Pool

With the inclusion of a shared liquidity pool called ALP in the white label ApolloX perpetual DEX platform, which allows users to stake assets such as USDT, BNB, and ETH. The users earn a small percentage of the share from trading fees in return.

Automated Market Maker (AMM)

The AMM uses a smart contract-based pricing model and liquidity pools to execute trades quickly without the need for traditional order books. The AMM executes the trade faster and more efficiently.

Options Trading

Apart from futures trading, it also supports options trading, allowing users to buy or sell assets at a specific price within a certain time period. Options trading enables users to control risk irrespective of the price movements.

Risk Management

This includes several risk management tools, such as Cross & isolated margin modes, Real-time position monitoring, Funding rate balancing, and an Auto-liquidation system to protect both traders and the platform from market volatility. 

High Leverage

The ApolloX-like derivatives futures exchange's 750x leverage, which enables users to initiate substantial bets with minimal capital, is one of its key characteristics. For instance, with $10, you can use 750x leverage to open positions worth $7500. 

On-chain Trading

Since every trade on white label Perpetual Futures DEX is carried out on-chain, all transactions are documented on the blockchain. Decentralisation, verifiability, security, and transparency are thus guaranteed.

Cost-Efficient Trading

Even during high volatility, this APX finance like platform offers low fees and slippage because of the Automated Market Maker model. The low fees and slippage make it a cost-efficient derivatives futures DEX platform.

Wide Asset Support

This decentralized perpetual futures platform supports a variety of crypto assets, such as  BTC, ETH, BNB, SOL, and many altcoins. This gives users the flexibility to trade their preferred asset. 

Multi-Chain Access

The decentralized futures DEX like APX supports multiple chains, such as BNB Chain, Arbitrum, zkSync, opBNB, and Base, enabling users to access multiple chains and choose cheaper chains.

How to Build a Perpetual Futures DEX Platform like ApolloX?

Development of a perpetual futures DEX platform like ApolloX involves combining DeFi technology and advanced trading features. Here’s the step-by-step breakdown of the development process:

Defining the Technology Stack

Picking the right tools and blockchain is the foundation to build a high-performing platform. For front-end development, use tech tools such as React.js or Next.js. Utilize solidity for smart contract development and Python, Node.js, or Go for backend development. For a seamless platform running, pick blockchain networks like BNB Chain or Ethereum, as well as layer 2 networks like Arbitrum, Optimism, Base, opBNB, and zkSync.

Build a Perpetual Futures Engine

Building a perpetual futures engine is the core of your platform, as it handles margin, leverage, liquidation, funding rates, and PnL (profit and loss) calculations. The perpetual futures engine can be built from scratch or using open-source frameworks such as GMX, Perpetual Protocol, or Drift. 

Smart Contract Development

All on-chain operation of the site is handled by a smart contract, which includes margin deposits, opening/closing positions, funding payments, liquidation, and profit and loss computations.  Developing a smart contract that is safe, validated, and gas-optimized is essential to facilitating smooth decentralised trading.

AMM Model Integration

The next stage is to integrate the Automated Market Maker (AMM) model, which is in charge of slippage computation, trade execution, and price discovery.  The AMM concept allows users to trade against the liquidity pool, in contrast to traditional order books that match buyers and sellers.

Features Integration

Aside from fundamental functionalities, further feature integration is essential to attract a large user base and maintain competitiveness. Incorporate a decentralized Oracle, such as Chainlink, Pyth, or Brand protocol to fetch the real-time price data. Also, to protect funds & data, and to control high volatility, integrate 

risk management mechanisms like auto-deleveraging (ADL), liquidation bots, insurance funds, and leverage limitations.

UI/UX Development

Developing a simple, mobile-friendly, hassle-free UI/UX is important as it helps attract new users to your platform. While simplicity attracts beginners, offering advanced trading tools such as real-time analytics, margin balance, P&L tracking, order panels, open positions, and TradingView charts attracts experienced traders to your platform. Developing a user-friendly UI/UX that handles high volatility builds user trust and retains them. 

Testnet Deployment and Platform Launch

Deploy your ApolloX-like perpetual futures DEX platform in the testnet to find and fix the bug before moving to live. Also, audit the smart contracts by trusted security firms to avoid vulnerabilities. Once everything is done, launch your platform on the mainnet. Users can now access and trade using the platform.

Benefits of White label ApolloX like Perpetual Futures DEX platform

The following are some of the key advantages of using a white label perpetual futures DEX platform like ApolloX:

Transparent Transaction

Every transaction on the ApolloX perpetual futures DEX platform is performed on-chain, which means that all transaction details are stored on the public blockchain for transparency and verifiability.  As a result, users may independently audit and verify each transaction.

Permissionless Engine

The white-label perpetual futures DEX model offers a permissionless engine. This allows developers, startups, and established companies to launch their own decentralized futures exchange without needing approval from a central entity. 

Enhanced Market Liquidity

An Automated Market Maker (AMM) mechanism and a shared liquidity pool are used by this platform to guarantee that deals are completed promptly and fairly.  This design creates a more stable and effective trading environment by reducing the likelihood of abrupt price increases or decreases.

Wider Market Accessibility

A well-developed decentralised derivatives trading platform can accommodate a wide range of crypto assets and is frequently designed to be multi-chain interoperable. Users can trade a variety of assets across several blockchain networks from a single platform, giving them access to a greater choice of options and the ability to choose networks with minimal fees.

Enhanced User Control

One of the most significant advantages of a non-custodial perpetual futures exchange is that users have complete control over their assets. Funds are stored directly in users' personal wallets, minimising the risk of a centralised party holding and potentially losing user funds.

Seamless Trading Experience

APX Finance, like Perpetual futures DEX platforms, is engineered with well-optimized smart contracts and efficient order execution models like the AMM. This decreases latency and slippage, resulting in a seamless trading experience.  A user-friendly interface makes complex trading easier for both new and experienced traders, and real-time market updates enable speedy, informed decision-making.

Security Features included in White Label Perpetual Futures DEX Software

Here are the robust security features that make this whitelabel decentralized derivatives futures DEX platform secure:

- Audited Smart Contracts - To ensure code safety and reliability.

- Two-Factor Authentication (2FA) -  Adds an extra layer of login protection to secure the user account. 

- Address Whitelisting - Prevent the funds from being sent to an unknown user.

- Risk Management System - Protects the platform from unusual activities.

- Non-Custodial Engine - Provides complete fund access to the user. 

- Cross-chain Operational Security - Protect assets when moving across different blockchain networks.

Why Choose Maticz for Create a White label Apollox like Perpetual DEX Platform?

This Advanced derivative trading options have attracted more traders and investors with their modern features and futuristic approach. With no expiry date, high leverage, and a non-custodial engine, this decentralized perpetual platform has become quite popular in the market. Many startups and big enterprises are willing to launch their own white label ApolloX-like perpetual futures DEX platform to profit from the advantage. If you’re the one looking to build your perpetual DEX platform, Maticz is here to work alongside you.

We are proud to say that Maticz stands as a leading crypto perpetual futures platform development company, empowering businesses to launch their own perpetual futures DEX platforms. With our proven expertise in blockchain and DeFi, we deliver scalable, secure, and feature-rich solutions tailored to your business needs. Partner with us today and take the first step toward building your own world-class perpetual futures DEX platform.