100x Leverage On Trades
Leverage benefits
AnyDex’s synthetic trade model also positions it to be able to offer more robust leverage options with 100x leverage available on most assets. This is because of the ability for AnyDex to mitigate the risk of manipulated wicks. Manipulated wicks happen when an asset experiences a seemingly random out-of-the-ordinary price fluctuation in a momentary flash. This is usually done on purpose by exchanges to liquidate people in their favor. Market-makers, for example, will often do it automatically if a pair is losing money to the exchange.
This won't happen on AnyDex's. If a pair is resulting in a loss, AnyDex will simply lower the possible leverages or limit some of its functionalities (eg limit the ability to short certain assets). AnyDex will never take customer funds, nor play with them. All data is verified with increases/decreases no bigger than 2%, meaning that 'wicks' can't go further than that.
This provides the optimal environment for leverage trading, allowing AnyDex to offer up to 100x leverage options to its traders.
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