BitMart x Conflux Strategic Partnership
Conflux is pleased to announce its new strategic partnership with Bitmart, a premier global digital asset trading platform. The overarching focus of this alliance is to cultivate a lasting relationship that can assist with projects that leverage what both platforms offer in a mutually beneficial way.
BitMart Exchange is a premier global digital assets trading platform with over 9 million users worldwide and ranked among the top crypto exchanges on CoinGecko. BitMart currently offers 1000+ trading pairs with one of the lowest trading fees in the market.
BitMart’s platform and expertise can provide added value to the Conflux Ecosystem in myriad ways, and we believe that listing Conflux Network’s native token CFX and other ecosystem tokens would benefit users from both ends profoundly.
As Conflux experiences a surge in developer activity on the heels of a wave of new product launches and integrations, it is paramount to connect with BitMart to aid in its development.
The Conflux Ecosystem is a growing alliance of dApp integrations and partnerships. By partnering with Bitmart, it ensures that Conflux-based projects receive satisfactory levels of exposure and support to differentiate themselves from their competitors.
Swappi, as our very first DEX to launch on eSpace, is honored to be the first ecosystem project that receives support from our partner BitMart in both marketing strategy and future listing. As Swappi’s TVL surpasses 65 million within two weeks, we believe that Conflux, Swappi, and BitMart will be able to co-work in driving forward in our strongest fields. Further on, the partnership will not be limited to Swappi but also be extended to other Conflux Ecosystem projects which would benefit both communities significantly.
We look forward to working closely with BitMart and expect the alliance creates mutual benefits for both parties.
Conflux is a permissionless Layer 1 public blockchain connecting decentralized economies across borders & protocols and operates as a PoW/PoS hybrid chain. Our network is built with a unique Tree-Graph consensus mechanism — a dynamic block structure used to facilitate the processing of 3000–6000 TPS without sacrificing decentralization or security.
As the only regulatory compliant, public, and permissionless blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. Conflux aims to connect decentralized economies to strengthen the overall DeFi ecosystem globally.
Swappi is an Automated Market Maker (AMM) based decentralized exchange (DEX) deployed on the Conflux network which allows users to swap, stake, and earn yields on their crypto assets. It runs on Conflux eSpace, an EVM-compatible smart contract execution environment within the Conflux ecosystem.
As an AMM-based DEX, Swappi lets users trade in a fully decentralised environment with some of the lowest fees of any top DEX: 0.25%. As reported by CoinTelegraph, our new exchange has already reached $30 million in total value locked (TVL) within a week.