A protocol for next generation (b)0x-standard relays
Safer lending. Cheaper trading. More liquidity. bZx is a protocol that powers decentralized margin trading and can be built into any exchange.
Decentralized Margin Trading Has Arrived!
Get Paid to HODL
Just check a box and start earning interest. bZx integrates with existing wallets, turning your existing Ethereum wallet into a decentralized unBank account that pays you to do what you’re already doing: Holding.
bZx Makes Decentralized Exchanges Practical
Decentralized exchanges need functionalities like margin lending and clearinghouses. bZx makes these possible through trustless smart contracts.
Why Is Decentralized Margin Trading Better?
Whether you’re a lender or borrower, you stay in control of your keys. Never worry about exchanges getting hacked or stealing your funds.
Make money with the assets you already hold in your wallet without giving up control of them. Interest rates on margin loans are often much higher than traditional loans while being far safer.
Traders on centralized exchanges pay higher interest rates to compensate lenders for the risk of the exchange getting hacked. Decentralized margin lending makes trading more affordable.
bZx Solves Decentralized Exchange Liquidity
Decentralized exchanges have two big issues: low liquidity and large spreads. Low liquidity means that there is a low volume of buyers and sellers. This can result in worse prices or difficulties filling large orders. Large spreads are caused by large gaps between bids and asks. This imposes large costs for entering and exiting positions. bZx bridges centralized and decentralized liquidity pools using tokenized margin loans. With bZx’s Universal Liquidity, you get access to the entire margin lending market. This means less slippage and tighter spreads.