CVEX Testnet Goes Live March 14th

Crypto Valley Exchange
2 min readMar 7, 2024

Crypto Valley Exchange (CVEX), a leader in the Decentralised Derivatives Exchanges (DDEX) sector, offers an innovative approach to on-chain futures and options trading in decentralised finance. CVEX is set to announce the launch of its Testnet, marking a significant milestone in DeFi trading. The launch will unfold in two phases:

  • Closed Testnet: Starting March 14th, 2024, access will be exclusively available to CVEX’s most engaged and supportive community members.
  • Open Testnet: On March 21st, 2024, the Testnet will open up to the general public, inviting crypto traders and enthusiasts from around the globe to explore its innovative features.

This significant milestone marks a pivotal moment in CVEX’s journey towards redefining the trading experience for crypto enthusiasts worldwide.

The Closed Testnet phase from March 14th to March 21st, 2024, will offer private access to:

  • NFT Holders: Active participants from the Zealy sprints who have acquired exclusive CVEX NFTs, unlocking early access.
  • Alpha-tier Affiliates: Leading contributors from our Affiliate Dashboard, recognised for their exceptional referral activities.
  • CVEX Ambassadors: Esteemed figures in the crypto community, ready to share their knowledge and experiences, enhancing CVEX’s visibility and user engagement.

This initial phase is designed to reward CVEX’s most active and dedicated supporters, offering them a first look and hands-on experience with the exchange’s Minimum Viable Product (MVP). The MVP features include:

  • Wallet connectivity. Seamlessly connect and disconnect wallets.
  • Multichain. Effortlessly switch between Arbitrum, Optimism, and Base chains.
  • Balance adjustments. Utilise the built-in faucet to manage your balance on the platform.
  • Futures Contracts interactions. Engage with popular crypto contracts through buying and selling. Users can place limit or market orders, based on their strategies.
  • Detailed contract insights. Access comprehensive details about contracts.
  • Advanced charting. Explore trading view charts for in-depth market analysis.
  • Trading history. Review your trading actions and market movements.
  • Risk management. Experience our innovative VaR margin system in action.

Following the exclusive closed phase, the CVEX Testnet will open to the general public on March 21st, 2024, inviting a broader audience to contribute to the platform’s evolution.

The launch of the CVEX Testnet underscores the platform’s commitment to innovation, security, and community engagement, setting the stage for a transformative impact on the digital asset trading landscape.

About Crypto Valley Exchange (CVEX)

Crypto Valley Exchange (CVEX) is a pioneering force in decentralised finance, offering advanced on-chain Options & Futures trading. It features real-time Value-at-Risk (VaR) portfolio management and cross-margin capabilities, enabling efficient and dynamic trading across cryptocurrencies and commodities. From day one, CVEX will support major chains like Ethereum, Arbitrum, Base and Optimism, allowing seamless USDC transactions. Its commitment to security and efficiency positions CVEX as a leader in DeFi innovation.

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Crypto Valley Exchange

Decentralized Futures & Options Platform for Crypto and Commodities with up to 1155x leverage. Unique VaR margin. Gas-free trades. Built on Arbitrum