TechFlow news, Substance Exchange announced that it has deployed on the Arbitrum Goerli testnet yesterday and launched an open testing campaign, allowing users to participate in the interactive airdrop event at no cost.
Reportedly, SubstanceX is a derivatives DEX designed to deliver a user experience comparable to centralized exchanges. It supports mobile phone, Email, and social account logins via MPC Wallet, offers seamless on-chain trading through 1-Click Trade without pop-up windows, and integrates AI-powered customer service for comprehensive 24x7 user support.
Within 24 hours of launch, SubstanceX has attracted over 600 users who completed more than 2,000 trades, achieving a trading volume of 270 million USD. Notably, under SubstanceX's mechanism, this trading volume can generate over 550,000 USD in revenue, all of which will be reinvested into its economic system and LP rewards.
SubstanceX has already secured seed funding from institutions and individuals including LD and the co-founder of Avalanche.
