Arbitrum-based decentralized exchange (DEX) Vela Exchange’s native token DXP is on the rise, one week before its beta release.
Native token of Arbitrum-based DEX Vela Exchange DXPthe highly anticipated beta version of the project next week It started a strong rally in preparation for release. According to the statement made on the project’s website, the beta version of the platform January 31stIt will be opened for registered users with early access on and February 7It will be made available to a wider audience. However, with another Arbitrum DEX last week, Camelot under the name of a utility VELA tokenlisted . Ethereum (ETH) and DXP holders on the Arbitrum network, using a bridge without any charge They will be able to exchange their tokens one-to-one with VELA at Arbitrum. Also DXP or VELA staking users will be able to get a share of the transaction fees obtained on the platform.
This new DEX in the Arbitrum network provides users with low transaction fees. spot, term and OTC process offers the opportunity. On the other hand, in the Arbitrum network GMX It should also be reminded that they will try to gain a place in the market against a strong competitor such as.
CoinGecko in the last week, according to data 170% appreciated DXP in this time period $1 to $2.70 while the news was written from $2.55 is being traded.