Technically, aiPX is a fork of Level Finance, an iteration of the most popular multi-blockchain perpetual derivatives trading machine GMX. The new project by aIPX and Flare will leverage Flare Time Series Oracle price feeds for collateral calculations and liquidation thresholds.
Sonic, CEO and cofounder of aiPX, is excited by the technical supremacy of Flare and is sure that it will advance the ecosystem of trading instruments available to aiPX customers: Previously, the same team at aiPX launched Takepile, a decentralized cryptocurrency exchange on the EVM-compatible blockchain Fantom Network .Flare CEO and co-founder Hugo Philion welcomes the latest addition to the ecosystem of his partners and stresses that this integration is of paramount importance for the global DEX sphere: