About Merkle Trade

Merkle Trade is the first-ever gamified decentralized futures trading platform, offering crypto, forex, and commodities trading with leverage up to 1,000x, alongside a simplified UX and engaging gamified features.

Our aim is to provide the most enjoyable and inclusive trading experience for everyone. Unlike most other perpetual exchanges, we are dedicated to creating the most accessible trading venue, catering to traders of all experience levels, not just experienced traders or so-called whales. Ultimately, Merkle Trade aims to become the largest decentralized hub for leveraged trading.

Why Merkle Trade

📈 Best-in-class Decentralized Leveraged Trading

  • Trade crypto, forex, commodities with leverage up to 1,000x Merkle Trade offers a wide range of trading pairs - crypto, forex and commodities, with some of the highest leverages on the market; up to 150x on crypto and up to 1000x on forex.

  • Sub-second order execution with fair price and minimal slippage Enjoy sub-second delays and minimal slippage. Built on Aptos, the lowest-latency production blockchain, Merkle Trade provides the fastest on-chain trading experience, ensuring responsive trades and reduced price slippage.

  • Decentralized, non-custodial trading without counter-party risk All trades and settlements are executed by the protocol's smart contracts, eliminating custody of user funds. Execution prices are powered by the decentralized oracle network, Pyth.

🚀 Gamified and Social Trading Experience

  • Bi-weekly Trading Seasons Participate in unique trading competitions every two weeks, enhancing the trading experience.

  • Level up system and In-game Items

    Level up your profile by trading and completing missions. Each level-up unlocks equippable items (NFTs) with trading benefits and point boosts.

  • Weekly trading missions

    Complete daily trading missions and earn rewards. Missions vary from beginner to high-stakes, with rewards to match.

How It Works

  • Passive MM: Unlike most exchanges, there is no order book on Merkle Trade. Instead, the Merkle LP acts as the counter-party to every trade, as it receives the collateral when traders take loss and pays out the profit on the closed trades with positive PnL.

  • Synthetic Trading: Trades are always denominated and settled in USDC regardless of the asset being traded, allowing any asset with enough liquidity and a reliable price feed to be listed and traded on the protocol.

Merkle Trade is built on the Aptos blockchain for its top-notch performance and scalability, and powered by LayerZero for asset bridging. Our price feeds are powered by Pyth Network, a decentralized price oracle network, to ensure fast order execution with accurate pricing.

Merkle Trade's charting solutions are powered by TradingView, a charting platform for the global community. In addition to charts like BTCUSD, advanced analytical tools like the Economic Calendar or Stock Screener allow you to make trades based on comprehensive market analysis.

Team & Backers

The core contributors of Merkle Trade consist of renowned product builders and software engineers from the past decade, who have experience building some of the most successful consumer/mobile products, used by over 10 million users daily at companies like Amazon, Kakao, and Nexon.

Highlighted Team Members

  • Ye (twitter)

    Co-founder & Head Builder, full-stack dev (12 yrs), Serial entrepreneur with 2 successful exits.

  • Patrick (twitter) Co-founder & CTO, SC guru, software engineer (11 yrs), entered crypto in 2018 (BitBerry wallet), ACM ICPC winner.

  • YK (twitter) Business & Operations, prev. investor at Hashed, entered crypto since 2018.

  • Liam Head of Engineering, software engineer (13 yrs), building in crypto since 2018 (Klaytn), ACM ICPC winner.

  • Vit Head of Growth, Business Development, Partnerships, Web2 BA & Account Owner (10+ yrs).

Backers

Merkle Trade team has raised a seed investment of $2.1M, co-led by Hashed and Arrington Capital, with participation from Morning Star Ventures, Amber Group, Aptos Labs, Dorahacks, and Re7 Capital.

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NextVision & Roadmap

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