CVEX Insights
CVEXtopia is here! Train your Pepe the Trader, complete quests, climb the leaderboard, and earn rewards while trading on CVEX Mainnet. Ready to become a legend before TGE?
With the launch of CVEX Mainnet, a new challenge begins—CVEXtopia. This interactive experience puts you in charge of Pepe the Trader, where your trading activity helps him grow stronger. Complete quests, earn XP, and move up the leaderboard to claim your place among the top traders before TGE.
Note: Please keep in mind that the CVEXtopia design or task list you see below may differ from the final version and is a simple illustration.
Step 1: Connect Your Wallet
To enter CVEXtopia, the first thing you need to do is connect your crypto wallet. This will allow you to access all features and start completing quests.
If you’re unsure how to connect, check out our Mainnet Guide (Step 1) via this link: https://cvex.xyz/post/cvex-mainnet-guide
Once you’re in, Pepe the Trader is waiting for you.
Step 2: Complete Quests
CVEXtopia is made up of several islands, each offering different challenges. The further you go, the harder the tasks become, but the rewards grow too. Your journey begins on the first island, which is unlocked from the start. Click "Enter" to access your first set of tasks.
Complete them to earn XP, level up Pepe, and move forward. Make sure to claim your rewards after completing each task, as progress won’t count unless you do.
Step 3: Take On Daily Tasks
Aside from the main quests, Pepe needs daily training to stay competitive. The Daily Tasks section offers fresh challenges every 24 hours, giving you extra XP and a chance to move up the rankings. Enter the tab, follow the instructions, and claim your daily rewards.
Just remember: tasks reset every day, so don’t miss out.
Step 4: Boost XP with Position Power
If you want to gain XP faster, the Position Power feature is your best bet. Open a position in any of the listed contracts and hold it for as long as possible. The longer you keep it open, the more XP you earn.
This is the quickest way to surpass your competitors and climb the leaderboard.
Step 5: Track Your Progress
After grinding through quests and challenges, you’ll want to see how you compare to others. Click on "Leaderboard" in the top-right corner of the screen to check your rank. Your position depends on the total XP Pepe has accumulated. The more challenges you complete, the higher you’ll climb.
Wrapping Up
The countdown to TGE is on, and the competition is heating up. Train Pepe the Trader, complete tasks, and secure your place among the top traders before it’s too late.
Trade smart, move fast, and claim your rewards in CVEXtopia!
⚠️ Disclaimer: Some CVEXtopia tasks may require the use of real funds. Crypto Valley Exchange is not responsible for any financial losses resulting from user actions. Always do your own research and trade responsibly.
Disclaimer: This guide is for informational purposes only and does not constitute financial advice or a call to action. Some platform features described here may not be fully implemented at the time of reading or may not be implemented at all. Always conduct your own research and trade responsibly.
Welcome to the Future of Decentralised Trading!
The CVEX Mainnet is officially live and ready to welcome crypto traders worldwide! Whether you’ve been with us since the testnet days or are just discovering us now, CVEX is here to revolutionise decentralised derivatives trading.
At CVEX, we combine high leverage, advanced risk management, and a pioneering VaR margin system with a first-of-its-kind protocol for crypto futures clearing. Our platform bridges the gap between traditional finance and crypto, offering tools once exclusive to Wall Street traders. And we’re just getting started!
Step 1: Connecting Your Wallet
To start trading, you’ll need to connect your crypto wallet. CVEX supports hundreds of EVM wallets, so you can choose your favourite.
- Click "Connect Wallet" in the top-right corner of the terminal.
- A "Welcome to CVEX" window will appear, with instructions, terms of service, and a button to proceed.
- Select your wallet. For this guide, we’ll use MetaMask as an example.
- Confirm the connection in your wallet interface. This step ensures security, no funds are accessed during this process.
- Verify wallet ownership when prompted by signing a simple message.
- Once connected, your wallet address will appear in the top-right corner of the website.
Step 2: Depositing Funds
Depositing is quick and commission-free on CVEX:
- Click "Increase Balance" in the terminal's right panel.
- Specify the deposit amount and blockchain.
- Confirm the transaction in your wallet, and funds will appear in your account.
Step 3: Placing Your First Trade
Trading on CVEX is streamlined for efficiency:
- Select your desired contract from the menu on the left.
- Set order parameters (e.g., long/short, limit/market, quantity, price).
- Review the impact on your portfolio in the preview panel.
- Click "Place Order" to execute your trade.
Step 4: Managing Positions
Keep track of your trades and performance easily by monitoring active trades in the Open Positions tab, where you can also update take profit or stop loss settings or close positions manually. Review your past trades and analyze performance in the Transaction History section. You can also manage pending orders in the Open Orders tab before they are executed.
Step 5: Withdrawing Funds
When you’re ready to withdraw, here’s how:
- Navigate to "Account Details" in the bottom-right corner.
- Click "Withdraw" and specify the amount and blockchain.
- Confirm the transaction.
Please note: Only USDC not used as margin can be withdrawn.
Wrapping Up
CVEX offers much more than what’s covered here, from additional features to advanced settings for pro traders. Dive in, explore, and connect with our vibrant community to unlock the full potential of CVEX.
Happy trading!
17.01.2025 – Crypto Valley Exchange (CVEX), an innovative decentralised derivatives exchange (DDEX), has officially launched its mainnet, opening the doors for all traders. CVEX aims to bridge the gap between traditional finance and crypto trading, offering tools and functionality that were once exclusive to Wall Street.
At the heart of CVEX are two groundbreaking components:
The Trading Terminal – Providing high leverage, advanced risk management features, and the unique VaR margin system, CVEX empowers traders with the tools needed for secure, capital-efficient trading.
The CVEX Protocol – A pioneering infrastructure for futures clearing in crypto markets. This untapped space has the potential to revolutionise how traders transition from traditional finance to the cryptocurrency sphere. CVEX Protocol lays the foundation for broader crypto adoption and encourages innovation. CVEX Labs has hinted at future opportunities for developers to build their own projects on the protocol, although details are yet to be revealed.
The mainnet launch follows the successful completion of the CVEX testnet, which saw over 140,000 users executing millions of transactions. With a thriving community of more than one million members across social platforms, CVEX is set to continue its growth and innovation.
Looking ahead, CVEX is already working on several exciting updates:
- Options Trading – Expanding the platform's offering with new derivatives products.
- Token Generation Event (TGE) – Introducing the $CVEX token to the market.
- More Trading Features – Future updates will include tools like adjustable leverage sliders, an expanded order list, new contracts, and more to enhance the trading experience.
“The launch of our mainnet marks a significant step forward,” said James Davies, CEO of Crypto Valley Exchange. “Our mission has always been to bring the sophistication of traditional finance tools to the world of decentralised crypto trading, and this is just the beginning.”
For more information on CVEX and to start trading, visit https://cvex.xyz.
About Crypto Valley Exchange (CVEX)
Crypto Valley Exchange (CVEX) is at the forefront of the decentralized derivatives exchange space, redefining futures and options trading in crypto markets. With a focus on advanced risk management, high leverage, and unmatched efficiency, CVEX is committed to creating a seamless trading experience for retail and institutional traders alike.
Join CVEX Community:
👉 Website: https://cvex.xyz
👉 Twitter/X: https://x.com/cvex_xyz
👉 Telegram: https://t.me/cvex_xyz_ann
Decentralized exchanges (DEXs) have reshaped crypto trading by offering a permissionless and trustless environment. However, they still fall short in one crucial aspect—capital efficiency. Unlike traditional finance, where clearinghouses ensure smooth derivatives trading, DeFi lacks a proper clearing infrastructure.
This is where CVEX Protocol changes the game. CVEX is building the first decentralized clearing protocol, bringing capital efficiency, risk optimization, and institutional-grade trading tools to crypto derivatives. We built our protocol using Arbitrum Stylus. Thanks to Stylus, we can fully exploit the potential of Rust, WASM, and LLVM to create advanced and efficient smart contracts, all while preserving complete interoperability with the entire Ethereum ecosystem. This makes Stylus the only real choice for us to implement fully functional portfolio margin management for derivatives trading on-chain.
What Is CVEX Protocol?
At its core, CVEX Protocol is a decentralized infrastructure built for clearing derivatives in DeFi. It provides an advanced clearing mechanism that reduces collateral requirements, guarantees trade execution, and enhances market stability, features traditionally only available in TradFi clearinghouses like CME (Chicago Mercantile Exchange) or LCH (London Clearing House).
CVEX consists of two major components:
The Trading Terminal – A decentralized trading venue where users can trade futures and options with high leverage, advanced risk management, and a unique VaR margin system.
The CVEX Protocol – A decentralized clearing layer ensuring that every trade is backed by optimized collateral management, reducing risk and unlocking massive capital efficiency.
What Is Clearing and Why Does It Matter?
Clearing is a process used in traditional finance to guarantee the execution of financial trades. In simpler terms, it's like an invisible safety net that ensures both buyers and sellers fulfill their obligations.
Without clearing, traders would need to hold 100% of their positions in collateral, making trading highly inefficient. In TradFi, clearinghouses allow traders to use capital more efficiently by offsetting risks across different positions.
How CVEX Protocol Reinvents Clearing for DeFi
Traditional clearinghouses act as intermediaries, but in DeFi, we need a decentralized alternative. CVEX introduces Smart Clearing, an automated system that:
- Guarantees Trades. Ensures that all positions are backed by sufficient collateral.
- Optimizes Collateral Usage. Instead of locking up massive amounts of capital for each trade, CVEX calculates risk at a portfolio level, reducing collateral requirements by up to 99% in some cases.
- Predictability During Volatility. Unlike centralized platforms, CVEX ensures deterministic trade execution, even during market turbulence.
The Real-World Impact of Clearing in Crypto
The absence of proper clearing in DeFi has created inefficiencies that have held back the market:
- Crypto derivatives should be 5–10x larger than spot trading, but without clearing, collateral inefficiencies prevent this growth.
- $200B+ in annual trading fees are generated from crypto derivatives, yet traders are losing billions in unnecessary collateral lockups.
- Traditional finance processes over $2.1 trillion in cleared derivatives; crypto has yet to achieve even a fraction of this due to the lack of decentralized clearing solutions.
Instead of requiring each trade to be fully collateralized, CVEX dynamically calculates risk across a portfolio of assets. This means traders only need to lock a fraction of their total exposure, freeing up liquidity and making derivatives trading vastly more efficient.
Here’s how it works:
- Risk is assessed at the portfolio level – Instead of requiring full collateral for each trade, CVEX calculates the overall risk exposure.
- Collateral requirements are reduced – By considering how assets correlate, the system determines the minimum necessary collateral.
- Trades are guaranteed even in volatile conditions – Unlike traditional margin systems, Smart Clearing ensures smooth settlement without unexpected liquidations.
In practice, this means that a trader holding a long position on ETH futures while shorting SOL futures won’t need to provide full collateral for both trades. Instead, CVEX calculates the overall risk exposure, significantly reducing the amount of capital that needs to be locked up. For time-based strategies, such as buying BTC futures for March and selling BTC futures for June, the system can lower collateral requirements by more than 90%. Large portfolios, particularly those that include options, benefit even more, with potential collateral savings exceeding 99%.
Why This Is a Game-Changer for DeFi
1. Unlocking Institutional Trading
Institutional traders rely on collateral-efficient systems in traditional markets. CVEX Protocol enables them to trade in DeFi without excessive capital lock-ups, making the ecosystem more attractive to large-scale investors.
2. Expanding DeFi’s Derivatives Market
With efficient collateral management, DeFi derivatives can finally compete with TradFi in size and scale. The market potential is staggering:
- $45 trillion in crypto derivatives volume annually
- Projected to reach $16 trillion in annual trading fees by 2030
- Clearing can increase derivatives volume by 5-10x
3. Bringing Real-World Assets (RWA) to DeFi
Tokenizing real-world assets (RWAs) is useless without derivatives trading. Every major traditional market (commodities, forex, stocks) relies on derivatives for price efficiency. CVEX Protocol enables RWA trading by ensuring that derivatives markets can support them effectively.
4. Decentralizing OTC Trading
Over-the-counter (OTC) trading is the largest derivatives market in TradFi, but DeFi lacks the necessary clearing infrastructure to handle it. With CVEX Smart Clearing, OTC markets can migrate on-chain, unlocking billions in additional trading volume.
The Future of CVEX Protocol
CVEX Protocol is a new category of infrastructure in DeFi. With 77 smart contracts live on Arbitrum, a thriving community of over 6.2 million users, and market makers already onboarded, CVEX is positioned to become the backbone of decentralized derivatives trading.
The next steps include:
- Integrating more derivative products, including advanced options trading.
- Enabling builders to create their own platforms on top of the CVEX Protocol.
- Expanding partnerships with institutional traders and DeFi-native projects.
Crypto derivatives trading has been limited by inefficiencies, preventing DeFi from reaching its full potential. CVEX Protocol introduces the first decentralized clearing solution, enabling capital-efficient, large-scale trading without relying on centralized intermediaries.
This is more than an exchange. It’s a fundamental shift in how derivatives work in crypto.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Historical performance does not guarantee future results. Always conduct thorough research and consult a financial advisor before making investment decisions.
The holiday season brings more than just gifts and festive cheer — it also ushers in one of the most intriguing phenomena in financial markets: the Santa Rally. While this trend has long been observed in traditional stock markets, it has also made its way into the world of cryptocurrencies, sparking curiosity among traders and investors alike.
From Bitcoin to the broader crypto market, historical data reveals unique patterns during the weeks before and after Christmas. But is the Santa Claus Rally consistent, and what can we expect this year?
What is the Santa Claus Rally?
The Santa Claus Rally refers to a pattern where financial markets, traditionally the stock market, experience a noticeable uptick during the holiday season. This phenomenon has also gained traction in the crypto world, where similar patterns have been observed during late December and early January.
In crypto, the rally is split into two distinct periods:
Pre-Christmas Rally (Dec 19–25), which is often fueled by holiday optimism and lower trading volumes. Traders and investors might view this as a time to "gift" themselves by adding to their positions.
Post-Christmas Rally (Dec 27–Jan 2), when fresh capital enters the market, possibly from holiday bonuses or end-of-year portfolio adjustments. New Year optimism and anticipation of market trends often drive this phase.
The concept originated from traditional stock markets, but its relevance in crypto is tied to the industry’s global nature and 24/7 trading. Crypto doesn’t pause for holidays, creating unique opportunities during a time when traditional markets are often closed.
Historical Trends in the Santa Claus Rally
The Santa Claus Rally has been a recurring phenomenon in the crypto market, though its impact and consistency have varied over the years. Looking back at the past decade, we see patterns that hint at the rally’s influence on both the broader crypto market and Bitcoin specifically.
General Crypto Market Trends
The post-Christmas rally has been more common than the pre-Christmas one. Over the last 10 years, the crypto market experienced a significant increase in total market capitalization 8 out of 10 times during the post-Christmas period. These gains ranged from modest upticks of 0.69% to more substantial jumps of 11.87%.
Pre-Christmas rallies, on the other hand, were less frequent, occurring in just 5 of the past 10 years. When they did happen, the increases ranged between 0.15% and 11.56%. This inconsistency reflects how varied market sentiment and external factors can shape these seasonal trends.
Some years stand out as exceptional:
- In 2016, the crypto market surged by 11.56% before Christmas and an additional 10.56% after Christmas, making it a banner year for holiday gains.
- Similarly, 2023 saw a strong rally, with the market growing by 4.05% before Christmas and 3.64% after, as the industry rebounded from a prolonged bear market.
- Even in challenging years like 2018, moderate increases of 1.31% pre-Christmas and 4.53% post-Christmas provided some relief to investors.
However, the rally isn’t guaranteed. 2017 saw a sharp pre-Christmas decline of 12.12%, driven by corrections following the ICO boom. More recently, in 2021 and 2022, the market faced post-Christmas corrections of 5.30% and 1.90%, signaling a waning consistency in the rally’s impact.
Bitcoin’s Performance
Bitcoin, the dominant player in the crypto market, often mirrors or amplifies these trends. Over the past decade, Bitcoin experienced notable gains during the Santa Claus Rally period in several years.
For instance, 2016 was a remarkable year, with Bitcoin surging 13.19% before Christmas and another 10.86% after, breaking the $1,000 mark for the first time since 2013. Even in a challenging year like 2018, Bitcoin managed modest increases of 1.31% pre-Christmas and 4.53% post-Christmas. That said, Bitcoin has also seen declines during this period. In 2017, the asset suffered a dramatic 21.30% drop before Christmas, reflecting broader market corrections. Smaller declines occurred in 2015 and 2019, with losses of 1.37% and 0.11%, respectively.
When comparing returns, the Santa Claus Rally yields modest gains on average: 1.32% pre-Christmas and 1.29% post-Christmas. However, when looking at Bitcoin’s performance across the entire month of December, the average return jumps to 9.48%, significantly outpacing the rally-specific periods.
5 Factors Driving the Santa Claus Rally in Crypto
The Santa Claus Rally, while intriguing, doesn’t occur in a vacuum. A mix of seasonal sentiment, market behavior, and broader economic factors combine to create the conditions that sometimes drive crypto prices upward during the holidays.
1. Holiday Optimism and Euphoria
The holiday season often brings a wave of positivity and optimism among retail traders. This festive mood can translate into increased market activity as investors feel more confident making trades, leading to upward price momentum.
2. Lower Trading Volumes
With many institutional players stepping away for the holidays, trading volumes tend to decrease during this period. Lower liquidity can amplify price movements, making the market more volatile. This volatility can create opportunities for sharp gains, fueling the rally further.
3. Year-End Tax Strategies
Institutional investors often adjust their portfolios at the end of the year for tax purposes. In some cases, they create temporary surges in buying activity that contribute to the rally.
4. Speculation Around Key Events
Crypto markets are often driven by speculation, and the holiday season is no exception. Events like upcoming Bitcoin halving cycles, potential ETF approvals, or regulatory developments can boost sentiment, with traders positioning themselves early to capitalize on these anticipated shifts.
5. General Market Sentiment
When the overall market sentiment is positive, the Santa Claus Rally is more likely to occur. Bullish trends heading into the holidays can encourage traders to keep buying, sustaining the momentum through December and into the new year.
Does the Santa Claus Rally Always Happen?
The short answer is no. While the Santa Claus Rally is a recognized phenomenon, it is far from guaranteed in the crypto market. Various factors can disrupt or even reverse the expected holiday gains.
Macro-Economic Conditions
Global economic instability, rising interest rates, or recession fears can overshadow holiday cheer. When investors are preoccupied with broader economic concerns, they may avoid speculative assets like cryptocurrencies, suppressing any potential rally.
Regulatory Actions
Unexpected regulatory announcements or crackdowns can dampen market sentiment. News of stricter regulations or unfavorable rulings can quickly reverse any positive momentum, even during the holidays.
Market Saturation and Over-Leveraging
When the market is already overheated, with assets overbought and leverage levels high, the rally may fail to materialize. In such cases, corrections or consolidations are more likely than a sustained upward trend.
Santa Claus Rally Worth the Hype?
The Santa Claus Rally is a fascinating phenomenon that has captured the attention of traders and investors alike. While it’s exciting to anticipate holiday-driven market surges, history reminds us that the rally is far from predictable. Factors like holiday optimism, low trading volumes, and speculation often fuel it, but macroeconomic challenges and market saturation can just as easily derail it.
For traders, the key is not to rely solely on seasonal trends but to remain informed, disciplined, and prepared for any outcome. Whether the rally materializes or not, the crypto market offers ample opportunities for those ready to navigate its complexities.
Want to dive deeper into crypto trends and trading strategies? Explore more insightful articles on our blog and sharpen your knowledge.
When you're ready to put your skills to the test, head to our trading terminal and experience the future of decentralized derivatives trading with CVEX.
Happy trading, and let’s make this holiday season a profitable one!
As we gear up for the CVEX Mainnet, we’re thrilled to unveil the final Testnet update—a release designed to refine your experience and prepare you for the mainnet launch. This update introduces game-changing features and improvements, from dynamic leverage adjustments to smarter security tools, ensuring that your trading is efficient, secure, and seamless.
Here’s what’s new:
- VaR Margin & Dynamic Leverage. Smarter margin calculations for optimized capital efficiency.
- Native Deposits & Withdrawals. Mimic the mainnet experience with ETH for gas fees and USDC for transactions.
- USDC Faucet. Easily mint USDC directly from the platform.
- Sessions & API Key Management. Advanced tools for managing sessions, keys, and custom API integrations.
- Settlement & Liquidations. Automated bots for monitoring positions and maintaining system safety.
- Close All Feature. Quickly close all positions and orders with a single button.
- Bug Fixes & Enhancements. Stability improvements and user experience refinements.
Let’s explore these updates in detail.
VaR Margin & Dynamic Leverage
Say hello to smarter trading! With VaR (Value at Risk) Margin, your margins dynamically adjust based on active positions and orders. This feature ensures capital efficiency, particularly for hedged positions, allowing you to trade larger volumes with less collateral while managing risks effectively.
Native Deposits & Withdrawals
Get a taste of the mainnet experience! Native deposits and withdrawals now require ETH for gas fees alongside USDC for transactions, streamlining the process and preparing you for live trading.
USDC Faucet
Simplify your Testnet deposits with the new "Mint" tab. Need USDC? Mint it directly on the platform to keep your trading uninterrupted and hassle-free.
Sessions & API Key Management
Enhance your security and flexibility with tools to manage sessions, secondary keys, and API integrations. Whether you’re trading manually or programmatically, you’ll have complete control over your access points.
Settlement & Liquidations
Automated bots now actively monitor positions and perform settlements and liquidations as needed, ensuring the system remains secure and reliable. Rest assured, every trade is backed by robust safeguards.
Close All Feature
Simplify your workflow with a single click! The new "Close All" button allows you to close all positions and cancel all orders instantly from the Positions tab.
Bug Fixes & Enhancements
We’ve squashed bugs and fine-tuned the platform to deliver a more stable and enjoyable trading experience. These improvements bring us closer to a flawless mainnet environment.
How to Make a Deposit? Step-by-Step
With the new update, we have prepared the transition to the most real depositing of the trading terminal balance with the help of faucets. This is roughly how your depositing experience on Mainnet will look, so let's understand how you need to proceed.
Step 1. Connect Wallet
Use the instructions in our CVEX Testnet guide (step 1) to connect the wallet:
https://cvex.xyz/post/the-official-cvex-testnet-guide
Step 2. Mint ETH
Now you need to get a test ETH to your crypto wallet to cover the network's commission for funding your account. To do this:
- Click on the ‘Increase Balance’ button.
- In the pop-up window, find the link to Faucet and click on it.
- When you go to the Faucet page, make sure the link is the same as the one on the picture below. If everything is ok, click on the ‘Select tokens’ button.
- Select the 0.01 ETH Arbitrum Sepolia Testnet option.
- Enter your wallet address on the Arbitrum Sepolia network and click on the ‘Get tokens’ button.
- Authenticate your wallet. We don't know why, we are being held hostage and told to write this. To be honest, you can read what it is and why here:
https://docs.ata.network/backed-by-pom/l2faucet/frequently-asked-questions
- Great! After completing the steps, you will receive a notification that the test ETH has been sent to your address and once you receive it, you can move on to the next step.
Step 3. Deposit USDC
- Go back to the CVEX website and click on the ‘Increase Balance’ button again.
- Now, in the pop-up window, go to the ‘Mint’ tab, enter the desired number of USDC (maximum per day is 100,000) and click ‘Mint Tokens’.
- Now go to the ‘Deposit’ tab, enter the desired deposit amount (if you have specified the maximum and the deposit did not occur, we recommend reducing the amount and try again), then click on ‘Deposit’
Voila! Your USDC should be topped up, and you can move on to testing the platform. If you have any problems or if something doesn't work, contact our Discord or Telegram community.
Happy trading!
With the announcement of CVEX’s Private Mainnet launch set for November 28th, we know you have questions. What’s the difference between the private and public mainnets? When TGE? Why did we choose a two-stage launch? And what can you do until January?
We’ve put together this FAQ to address your most pressing concerns and ensure you’re fully prepared for this exciting new phase. Let’s dive in!
FAQ
What is the date of the CVEX Mainnet launch?
- Private Mainnet: November 28th, 2024
- Public Mainnet: 8th January 2025
What’s the difference between the Private Mainnet and the Public Mainnet?
The Private Mainnet is an exclusive stage designed specifically for market makers, prop traders, auditors, and the QA team. During this period, MMs will set up their integrations for LP and trading while auditors and the QA team refine and prepare the platform for you.
The Public Mainnet, on the other hand, will be open to everyone. This is when the full CVEX experience will be available, allowing the broader community to start trading and utilising all the features we’ve built.
Why do we need a private stage?
We decided on a two-stage mainnet launch for two key reasons:
First and foremost, the transition to mainnet is a big deal. Giving our devs and market makers time to test and perfect the Private Mainnet ensures that your experience will be flawless when it’s your turn to join.
Secondly, liquidity doesn’t magically appear — it takes time. Market makers will need around four weeks to prepare and add liquidity to CVEX. And, as luck would have it, the holiday season aligns perfectly with this timeline. Christmas and New Year happen every year (surprise, surprise), so we’re adding an extra week for everyone to enjoy the festivities before we drop this bombshell on you in January.
What About TGE?
We’re planning to hold our Token Generation Event (TGE) in February 2025. While we can’t share more details just yet, rest assured that we’re working hard to make it a success.
What can I do until the public mainnet launch?
Well, keep doing what you’re doing right now! The testnet isn’t going anywhere, so you still have time to explore everything CVEX has to offer. Complete those tasks you’ve been eyeing, rack up all the achievements, and make sure to check out our Galxe campaigns for extra rewards and fun.
This is also the perfect time to fine-tune your strategies, get familiar with the platform’s features, and connect with the community. Think of it as your final warm-up lap before the big race. The more prepared you are now, the smoother your experience will be once we go live.
What about time-dependent achievements?
Some users encountered issues with time-dependent achievements due to unexpected testnet updates. Don’t worry — we’ve got you covered. If you can prove you were affected, contact our support team on Discord. We’ll ensure your efforts are recognised.
What is the status of the Telegram App?
We understand your mixed feelings, but trust us, the Telegram App has been a massive success in introducing millions of Web 2.0 users to the Web 3.0 world.
For those active on the testnet, rest assured that the app will not interfere with your progress or experience. If you haven’t tried it yet, now’s the time! Join the app and stay tuned for exciting updates coming soon.
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