CVEX Public Testnet Goes Live

Crypto Valley Exchange
3 min readMar 21, 2024

Today, Crypto Valley Exchange (CVEX) proudly launches its Public Testnet, welcoming over 150,000 users who have eagerly awaited this day. This significant step follows our Closed Testnet phase, which demonstrated the robustness and potential of our platform.

Closed Testnet Achievements

From March 14th to 21st, our Closed Testnet saw participation from 75 users, the execution of over 9k events and 1,250 orders, and our users’ identification of 20 bugs. Our development team has efficiently addressed most of the bugs and vulnerabilities, ensuring our readiness for this wider release.

Upcoming Features and Developments

As we continue our journey towards the Mainnet launch, we’re excited to share the enhancements we’re working on:

  • Batch Actions. Execute multiple operations simultaneously, saving on gas fees and leveraging VaR Margin for optimal trading efficiency.
  • User Interface Enhancements. Expect a reworked list of markets, account details, and order configuration, making the platform more accessible for newcomers.
  • Relaxed Mode. Benefit from more efficient (cheaper) transaction execution, optimising your trading strategy.
  • Leverage Configuration & Risk Model Rework. Gain access to higher leverage through a refined risk model and leverage settings.
  • Advanced Trading Features. Look forward to Confirmation-less trading (Trusted Mode), Trading Strategies, and more, catering to novice and experienced traders.
  • Comprehensive Analytics. Dive deep into Protocol, Platform, and Portfolio Analytics, providing you with the insights needed to make informed decisions.
  • Affiliate Program Enhancements. Enjoy a robust Affiliate Rewards Distribution Service and Affiliate Dashboard Analytics, among other advanced features.
  • Cross-Chain & Multi-Account Capabilities. Experience seamless CCTP Integration for cross-chain funding and Multi-Account Mode for diversified trading strategies.
  • Market Maker & Trading Automation. Leverage our API/SDK for Market Makers and programmatic trading, enhancing trading efficiency for professionals.
  • Data Integration & Accessibility. Migration to Chainlink Data Streams for decentralised, accurate and timely market data, alongside Localisation and Light Theme options for improved platform accessibility.
  • Mobile App. Stay connected and trade on the go with our upcoming mobile application, ensuring you take advantage of every trading opportunity.

Please note that future scope is subject to change based on insights gained during the Testnet phase.

Your Role in Shaping CVEX

Join the CVEX Public Testnet and play a vital role in refining our platform. Your feedback is crucial in crafting a superior DeFi trading experience. Explore, test, and engage with our community, including crypto enthusiasts and the CVEX team, to shape the future of decentralised trading. Connect with fellow testers and share insights in our dedicated Discord channel. Your participation is key to our collective success.

Join the discussion: https://discord.com/channels/1140960876992659506/1216747747823321128

Join the CVEX Journey

Immerse yourself in the CVEX Public Testnet and be part of the movement shaping the future of decentralised futures trading. For a comprehensive guide on how to navigate and make the most out of our Public Testnet, visit our Official CVEX Testnet Guide.

Stay Connected

For the latest updates and to join our vibrant community, follow us on:

Website: https://cv.exchange/

Twitter: https://twitter.com/cv_exchange

Telegram: https://t.me/cv_exchange

Discord: https://discord.gg/DRma7Z9BTz

Together, let’s embark on a journey toward creating a decentralised futures trading platform that is not only innovative and secure but also deeply aligned with the needs and aspirations of our community.

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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