search

Introduction

MegaBanX is a decentralized spot and perpetual trading protocol designed for low price-impact trades with leverage of up to 100x.

All trades are routed against isolated liquidity pools where each market operates independently. Prices are determined using oracle index prices, rather than an order book or external market makers. This architecture enables near-zero price impact for most trades and ensures liquidations occur only at fair market prices.

Beyond the core exchange, MegaBanX integrates Real-time trading Arenas where performance becomes a 2D race to the target and Social Copy Trading, combining deep liquidity with performance-driven competition.

hashtag
Get Started

hashtag
From AlphBanX to MegaBanX

hashtag
Building on Proven Systems

MegaBanX builds on systems already proven in production.

Over the past two years, we developed AlphBanX on the Alephium network, growing the protocol to approximately $2.5M TVL. Operating on a smaller Layer 1 required a strong focus on capital efficiency, incentive alignment, and robust mechanics under real market constraints.

During this phase, a committed community and base of long-term holders formed around the protocol.

hashtag
The Next Step

MegaBanX represents the next evolution: expanding beyond a single ecosystem and applying these lessons to a broader, more competitive trading environment.

The goal is simple, let the system prove its value through real usage.

hashtag
Team

MegaBanX is built by a core team of eight contributors, covering:

  • Protocol architecture

  • Smart contract development

  • Backend & frontend engineering

  • Product & system design

hashtag
Experience

  • Several core developers were early builders in the Fantom ecosystem

  • Proven experience shipping production systems during early Layer 1 stages

hashtag
Mission

MegaBanX is building a social, performance-driven trading protocol where trading results are transparent, comparable, and directly connected to capital access and rewards.

The protocol introduces:

  • Shared competitive environments

  • Real-time tournaments

  • Transparent performance tracking

  • Copy trading based on verifiable on-chain data

Trading performance is persistent and can be reused for:

  • Competition rankings

  • Capital allocation

  • Reward distribution

  • DeFi earning strategies

hashtag
Vision

MegaBanX is designed as a modular system.

Perpetual trading forms the core engine, while additional layers - tournaments, copy trading, performance incentives - can be added without altering the underlying trading logic.

MBX utility grows with protocol usage, aligning long-term participation with sustainable incentives rather than inflation.

Long-term goal: A decentralized trading ecosystem where social interaction, performance data, and economic incentives reinforce each other and scale through usage.

hashtag
Protocol Overview

MegaBanX is a non-custodial perpetual trading protocol allowing users to long or short supported markets using USDC as the sole collateral.

hashtag
What Makes MegaBanX Different

  • Isolated Liquidity Pools Each market has its own dedicated pool, isolating risk per asset class

  • Synthetic Perpetual Exposure Trade leveraged positions without holding underlying assets

  • Transparent Fee & Funding Mechanics Clear, auditable fees and funding calculations

  • Optional Performance Layers Tournaments, copy trading, and reward systems built on top of the core engine

This design supports both casual traders and advanced participants while maintaining clear risk boundaries.

hashtag
About MegaBanX

MegaBanX specializes in:

  • Perpetual Trading Crypto, forex, commodities, indices, and equities with leverage

  • USDC Collateral Model Stablecoin-backed trading with no counterparty risk

  • Isolated Liquidity Pools LP capital is specific to each market for better risk management

  • Copy Trading Follow proven traders with built-in risk controls

  • Competitions & Tournaments Skill-based performance environments with transparent rankings

hashtag
Key Features

Feature
Description

Up to 100x Leverage

High capital efficiency for experienced traders

USDC Collateral

Stable, audited collateral model

Multi-Asset Markets

Trade beyond crypto silos

Transparent Liquidations

Oracle-driven, fair-price liquidations

MBX Rewards

Earn protocol token through usage

Social Trading

Build or copy verifiable performance

Tournament Engine

Real-time competitive trading

Modular Architecture

Independent feature scaling

hashtag
Key Metrics

  • Total Value Locked (TVL)

  • 24h Trading Volume

  • Active Traders

  • Liquidity Pool Size

  • MBX Circulating Supply

  • Active Tournaments

  • Copy Trading AUM

NextHigh-Level Understanding

Last updated