TechFlow news: According to the official announcement, Substance Exchange (SubstanceX) was officially deployed on Arbitrum last night. The first trading airdrop campaign has also launched simultaneously, allocating a total of 2 million tokens for platform interaction incentives.
SubstanceX is built by an experienced team of market makers, developers, and operators from centralized exchanges, advocating the full migration of "trading" to decentralized platforms. Compared to potential issues in centralized systems such as price manipulation and system outages, decentralized derivatives trading environments eliminate human interference and manipulation, creating a fairer trading ecosystem.
Earlier this year, SubstanceX secured investments from Avalanche Co-Founder and LD Capital, among other institutions and individuals. In September, it completed its testnet phase, attracting participation and attention from tens of thousands of users.
