back09 Aug 20232 min read
blog post image

Decentralized Trading on Mantle with FusionX | Consumer Spotlight

FusionX Finance is a cutting-edge decentralized exchange on the Mantle Network. With a strong emphasis on transparency, composability, and lightning-fast transaction speeds, FusionX Finance seeks to deliver a secure and ultra-seamless trading experience.

Unleashing the Power of FusionX Finance

Automated Market Maker Technology: FusionX Finance is designed as an AMM to enable effortless trades and digital asset swaps without the need for intermediaries. The platform is non-custodial and fully permissionless.

Liquidity Provider (LP) Farms: Participants can earn rewards by participating in the platform's Liquidity Provider (LP) Farms. By contributing liquidity to the platform, LP’s receive platform fees and an attractive APR on their contributions. On FusionX Finance, 75% of the swap fees generated are distributed to LP’s, ensuring an attractive avenue for maximizing profits in the world of DeFi.

Initial Farm Offering (IFO) Launchpad: The platform’s Initial Farm Offering (IFO) Launchpad supports new projects in launching their tokens and raising funds. Investors can gain early access to crypto projects they’re following and earn rewards through incentivized liquidity provision. The IFO Launchpad is designed to foster innovation and provide participants with diversified investment opportunities.

Built on Mantle Network

FusionX Finance is built on the Mantle Network, a high-performance Ethereum layer-2 solution.

Some of Mantle’s key features are:

Scalability: Mantle leverages its modular architecture and optimistic rollup technology to boost transaction throughput beyond the capabilities of traditional Layer 1 blockchains like Ethereum. By building on Mantle, FusionX Finance can accommodate high trading volumes and deliver an exceptional user experience.

Low Fees: Through the compression of transactions into ‘compressed blocks’, users enjoy more accessible interaction with the network, saving costs associated with gas fees. FusionX Finance users benefit from cost-effective trading and a more inclusive DeFi ecosystem.

Security: Building on the Ethereum blockchain, Mantle inherits the robust security features of the world's most secure blockchain network. Additionally, Mantle employs multi-party computation (MPC) technology, reducing trust risks and enhancing decentralization. These measures are in place to ensure the utmost security and trustworthiness for all participants in the FusionX ecosystem.

EVM Compatibility: Developers can deploy their contracts on the Mantle Network with minimal modifications, enabling easy migration and unlocking the full potential of their decentralized applications.

Thriving Partner Ecosystem: FusionX Finance joins a strong ecosystem of partners, including major players like BitDAO and Bybit.

Read more about how Mantle Network integrated with Pyth Price Feeds.

Powering FusionX Finance with Pyth Price Feeds

FusionX Finance taps into the Pyth Price Feeds to deliver a frictionless, real-time decentralized trading experience. The Pyth oracle tracks real-time market prices of digital assets with 5-10x greater accuracy than other providers. Furthermore, Pyth updates its price every 400ms. Low-latency data access and high-frequency price updates enable FusionX to execute critical protocol operations precisely and rapidly.

FusionX and the Mantle Network ecosystem have permissionless access to 300+ price feeds across major asset classes including crypto, FX, ETFs, equities, and commodities. The Mantle ecosystem can also integrate with Pyth Benchmarks (standardized, historical prices) for time-sensitive operations such as options settlement.

You can fully experience FusionX Finance and Pyth Network’s collaboration by visiting their website.


We can’t wait to hear what you think! Feel free to join the Pyth Discord and Telegram, follow Pyth on Twitter, and be the first to hear about what’s new in the Pyth ecosystem through our newsletter. You can also learn more about Pyth here.

Stay Updated with Pyth

Stay informed about Pyth network's development and upcoming events!

Recommended For You

all posts