COTI Announces PriveX: A Perp-Dex for Humans and Agents — The Era of DeFAI Begins
PriveX is not just another project on COTI. It’s a bold statement about the future of decentralized finance — a future where AI, liquidity, privacy, and community-driven innovation converge to create something truly revolutionary — DeFAI (DeFi + AI)
TL:DR
- PriveX is the first Perpetual DEX (Perp-DEX) launching on the COTI network.
- Incorporating innovative intent-based mechanisms to access deep liquidity from centralized exchanges (CEX), starting with Binance liquidity.
- World premiere: launch and train AI Trading Agents to trade autonomously for you.
- Introducing Points System to Incentivize engagement — and access to the $PRVX airdrop.
We are proud to announce the launch of PriveX — a game-changing innovation that will redefine how we approach trading with DeFAI. Imagine a world where you can create, train and evolve AI agents that can trade on-chain. A world where perpetual trading meets artificial intelligence, and privacy is at the forefront. Well, that future has arrived — it’s called PriveX.
At its core, PriveX is an intent-based Perpetual Decentralized Exchange (Perp-DEX), the first of its kind on the COTI network. But it’s so much more than just another DEX. PriveX is changing how we interact with trading platforms by introducing an intent-based system that taps into the vast liquidity pools of Centralized Exchanges (CEXs) starting with Binance. This means traders can enjoy the best of both worlds — the decentralized nature of a DEX with the deep liquidity typically associated with centralized exchanges.
Here’s where things get really exciting. PriveX is a launchpad for the next generation of AI-powered trading. For the first time ever, users can create and launch their own trading agents, train them with custom data sets, and watch as these digital traders navigate the markets. But that’s not all — these AI agents aren’t just number-crunching machines. They’re capable of self-promotion, posting updates and insights on social media platforms.
Agents also come with their own vaults, allowing other users to leverage agents’ successful trades. Users can allocate funds to top performing agents and let their strategies work for them, while they stay in control.
While PriveX is currently on the BASE network, its true potential will be unleashed when it launches on COTI’s Mainnet. This move will introduce a suite of privacy features that are set to redefine proprietary trading in DeFAI. Imagine executing complex trading strategies with the confidence that your moves are shielded from prying eyes — that’s the power of PriveX on COTI.
Airdrop and Points System
To incentivize early adopters and active traders, PriveX has introduced a comprehensive Points System. Users can earn points through their trading activity and platform engagement, which can later be redeemed for $PRVX tokens and exclusive rewards within the PriveX ecosystem.
The Points System is designed to encourage long-term engagement and reward those who contribute to the growth of the PriveX ecosystem. Traders can begin earning points immediately, maximizing their future rewards.
The launch of PriveX represents a significant milestone in COTI’s journey. As an incubated project, PriveX embodies COTI’s commitment to pushing the boundaries of what’s possible for Web3. It’s not just another addition to the ecosystem; it’s a testament to COTI’s vision of creating a comprehensive, privacy-focused Web3 infrastructure. By introducing the first perpetual DEX on COTI, PriveX, in collaboration with Symm.io and IntentX, represents the next evolution of secure, efficient, user-friendly decentralized trading, opening up new avenues for traders and investors within the network.
Stay up to date with PriveX news on the following channels:
Twitter/X | Telegram | Discord | Website
For COTI updates and to join the conversation, be sure to check out our channels:
Website: https://coti.io/
X: https://twitter.com/COTInetwork
YouTube: https://www.youtube.com/channel/UCl-2YzhaPnouvBtotKuM4DA
Telegram: https://t.me/COTInetwork
Discord: https://discord.gg/9tq6CP6XrT
GitHub: https://github.com/coti-io
