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.
This past year has been one of great progress for Crypto Valley Exchange (CVEX), as we continue to bring the vision to life for the next generation of digital asset derivatives.
As part of this evolution, there are a number of changes coming. The most noticeable change as CVEX prepares for mainnet, is for the project to spin out from the Switzerland-based venture studio Tacans, which has incubated CVEX, into its own standalone entities. This will enable operational and strategic clarity, and demonstrates the team’s dedicated focus.
Mainnet
CVEX is now only six weeks from mainnet launch. Currently, there are a total of 92,700 testnet users, 415,400 users connected via the affiliate dashboard and more than 100,000 followers on X. You can track all key KPIs via this dashboard: https://link.cvex.xyz/testnet-public-dashboard. Once mainnet is live, a similar dashboard will be created and published.
Mainnet deployment timing relies on us completing some audits and assuring ourselves that the Arbitrum SDK, that is integral to our product, is completely stable.
Structure
CVEX Labs will be responsible for developing the key components of the CVEX ecosystem. Before the mainnet launch, both the intellectual property (IP) and the protocol will be transitioned to a decentralized autonomous organization (DAO), which will ultimately own the protocol. CVEX Labs will operate under a grant from this DAO, tasked with continuing development.
DAO grants will be used to establish various entities that will manage different components of the CVEX ecosystem. This includes CVEX Labs for ongoing development, a dedicated entity for the white-label front end, and separate platforms for establishing contracts and setting risk levels. This structure ensures the decentralization of the ecosystem, allowing different entities to contribute independently to the overall market while preventing centralization under a single entity.
Leadership
Part of this transition will also see James Davies assume the role of CEO while Tacans Group CEO Mathias Nielsen will assume the role of Chief Strategy Officer in CVEX. With vast experience in leading exchanges and building derivatives markets across multiple asset classes, James is in a strong position for the CEO role’s next phase.
This move will continue to position CVEX robustly for its next phase of growth.
Stay tuned for further updates in the coming weeks and months. In the meantime, please follow the CVEX X (Twitter) https://x.com/cvex_xyz or join the CVEX Telegram https://t.me/cvex_xyz for the latest news.
Cryptocurrency trading requires more than just technical skills. We all understand that it’s also deeply shaped by psychological factors. Traders face emotional challenges that can influence their decisions, often leading to impulsive actions or misjudgments. So, developing a disciplined trading mindset is crucial for staying focused, even when markets are volatile. CVEX is here to support traders by offering tools and resources that help them overcome these psychological obstacles.
1. Understanding and Mitigating Biases
One of the most common psychological challenges traders face is the effect of biases. These subconscious tendencies can distort judgment and lead to decisions based more on emotion than data. Four common biases traders encounter include:
Confirmation Bias
Traders tend to seek out information that supports their current beliefs or strategies, while ignoring evidence that might contradict their views. This leads to missed warning signs or opportunities.
Cognitive Bias
When traders rely too heavily on intuition or mental shortcuts without proper analysis, cognitive bias occurs. While gut feelings can sometimes be useful, they often cause traders to overlook important details.
Emotional Bias
Emotions like fear and greed can easily take control in markets. Fear can push traders to sell too early, while greed or FOMO can lead to risky trades or holding onto positions longer than necessary.
Anchoring Bias
Traders sometimes fixate on a specific price level or piece of information, even when the market moves in a new direction. This can prevent them from adjusting their strategy, leading to potential losses.
To counter these biases, traders need to critically evaluate information, seek diverse perspectives, and base decisions on solid data rather than emotion or initial assumptions.
How CVEX Can Help
CVEX offers tools designed to help traders manage the psychological aspects of trading. Our real-time market data and analytics allow traders to make decisions based on facts, reducing the likelihood of emotional reactions. By focusing on objective analysis, traders can overcome biases and improve their overall performance.
We also provide educational content that covers trading psychology, helping traders understand and manage their emotional responses and biases. This equips them with the knowledge needed to make rational decisions, even in the most unpredictable markets.
2. Controlling Fear and Greed
In cryptocurrency trading, fear and greed are two emotions that can heavily impact decisions. Fear pushes traders to exit positions too soon, while greed tempts them to hold on longer than they should, hoping for bigger gains.
To mitigate the influence of these emotions, traders need to set clear trading rules. Establish entry and exit points ahead of time and define risk management strategies, so that decisions are based on logic rather than panic or excitement. Patience and discipline are key – sticking to your plan even when the market fluctuates will help keep emotional reactions in check.
CVEX supports traders in managing fear and greed by providing tools to implement predefined trading rules. Features like stop-loss orders and real-time monitoring ensure that traders can set limits and make decisions that are driven by data, not emotions.
3. Managing Trading Frustration
Every trader will eventually experience frustration. Left unchecked, this frustration can lead to rash decisions that only worsen the situation.
How to beat it?
- One effective strategy for dealing with frustration is to reframe setbacks as learning experiences. Instead of seeing losses as failures, view them as opportunities to refine your strategy.
- Practicing stress-reduction techniques such as meditation or deep breathing can help keep a calm and focused mindset.
- Connecting with other traders to share experiences and seek advice is also valuable in gaining perspective and emotional support.
CVEX fosters a supportive community where traders can share their experiences and learn from one another. In addition, features like achievements and tracking trading streaks help traders stay motivated and focused on the long-term picture, reducing the emotional strain of short-term setbacks.
4. Avoiding FOMO (Fear of Missing Out)
FOMO, or the fear of missing out, is one of the most common psychological challenges in trading. It occurs when traders chase market trends, fearing they’ll miss out on potential profits if they don’t act immediately.
To combat FOMO, traders should adhere strictly to their trading plans, regardless of the market hype. Resist the urge to follow the crowd without evaluating whether the trade fits within your strategy. Maintaining discipline and relying on data-driven insights ensures that decisions are grounded in analysis, not emotion.
5. Recognising Behavioural Patterns
Successful trading requires more than understanding the markets — it demands self-awareness. Recognising your own behavioural patterns can reveal the underlying habits and biases that influence your decisions. One of the most effective tools for achieving this is a trading journal. By tracking each decision and its outcome, traders can identify recurring patterns, both good and bad.
Keeping a detailed record of your trades enables continuous learning and improvement. It helps uncover mistakes you may have been unaware of and provides insight into the strategies that work best. Over time, this reflective process sharpens your decision-making and enhances trading performance.
CVEX offers traders access to a comprehensive trading history and performance metrics. With these tools, you can analyse past trades, detect patterns, and refine your approach to trading. By using data-driven insights from previous trades, you’re better equipped to make more informed decisions moving forward.
6. Cutting Losses and Moving On
One of the hardest lessons for any trader to learn is knowing when to cut losses. Holding onto losing trades in the hope that things will turn around can lead to significant losses and missed opportunities elsewhere. Developing the discipline to let go of a losing trade when it’s no longer viable is essential for long-term success.
To avoid falling into this trap, traders should set predefined exit points as part of their overall strategy. Knowing when to walk away from a trade is crucial, and it’s important to accept that losses are an inevitable part of trading. A well-executed exit strategy limits the damage and frees up resources for more promising opportunities.
7. Taking Regular Breaks and Managing Stress
Trading is mentally demanding, and without proper rest, it’s easy to fall into burnout, which can impair judgment and lead to costly mistakes. Taking regular breaks allows traders to maintain mental clarity and approach the markets with a fresh perspective.
Stress management is equally important. Establishing a structured routine with designated trading hours, breaks, and relaxation activities can create balance and reduce emotional strain. Incorporating stress-reduction techniques, such as deep breathing or meditation, can help maintain focus and prevent emotional responses to market fluctuations.
CVEX contributes to stress management by offering a user-friendly interface that simplifies trading processes, reducing complexity. Additionally, customisable notifications help traders avoid the temptation of constantly checking the markets, giving them the freedom to focus on other aspects of life while remaining informed about critical updates.
8. Practising Trading Mindfulness
Mindfulness allows traders to make clearer decisions, free from the distractions of fear, greed, and impulsive reactions. Practising mindfulness can help traders remain calm during market volatility and make thoughtful, data-driven decisions.
Techniques like meditation, deep breathing, and mindful analysis encourage a grounded approach to trading. These techniques help traders stay at the moment, avoid emotional overreactions, and focus on their strategies with clarity.
9. Focusing on Emotional Intelligence
Emotional intelligence plays a vital role in trading. Being able to recognise and manage your own emotions is key to making sound decisions, especially in high-pressure situations. Emotional intelligence helps traders avoid reactive decisions, build resilience, and develop stronger strategies. Developing emotional intelligence involves practising self-awareness and self-regulation.
10. Understanding the Crypto Market Cycle
The cryptocurrency market operates in cycles, and understanding market psychology is essential for navigating these fluctuations. Emotions play a significant role during different market phases, influencing decisions at each stage of the cycle.
The typical stages of a market cycle include disbelief, hope, optimism, euphoria, anxiety, denial, panic, capitulation, anger, and depression. Recognising these stages helps traders anticipate market shifts and adjust their strategies accordingly.
Be Mindful
Mastering cryptocurrency trading psychology is a crucial component of long-term success. By recognising biases, managing emotions, and understanding market cycles, traders can develop a disciplined and strategic approach to the markets.
CVEX stands as a valuable ally in this journey, offering the tools and support needed to overcome the psychological challenges of trading.
Take the next step in your trading journey by exploring CVEX’s features. Join the CVEX community today and experience the support and resources that can help you become a more disciplined, emotionally intelligent, and successful trader.
The US election in 2024 promises to bring many changes to the lives of people around the world. However, we are not here to discuss migration policy or social programmes. Our task today is to look at how each of the presidential candidates feel about cryptocurrencies and what the market can expect from the election of Trump or Harris.
This article will be a short squeeze and a summary of the CVEX team's opinions. So if you are doing fundamental analysis for trading, we recommend reading the original publications and documents. DYOR.
Why Cryptocurrencies Have Become Important?
Cryptocurrencies have long been a distinct financial, social, and cultural phenomenon. People from all over the world, from Japan to Nigeria and from Canada to Indonesia, are rallying under yellow banners with a black "B" on them. However, in the last presidential election, which took place in 2020, the topic of cryptocurrencies did not take any significant place in the candidates' programmes. It seemed that serious people from politics just ignored crypto-enthusiasts as if it was a child's play. But today, everything has changed. Both Democrats and Republicans are actively communicating with the crypto community to get it on their side. So what has happened?
Let's turn to the statistics. Recent polls on Statista show that the number of people in the U.S. who own or have owned cryptocurrencies has literally doubled in the last four years. In 2020, the ownership percentage was just under 8%. Today, however, that number has passed 16%.
Moreover, there is an interesting breakdown of these people by state, including swing states. Thanks to Coinbase, we know that the top 10 states by number of cryptocurrency holders are California, New Jersey, Washington, New York, Colorado, Utah, Florida, Alaska, Nevada, and Massachusetts. That said, three of these are swing or have been so, according to researchers in past years, including Florida, Nevada, and Colorado.
Unsurprisingly, given the new landscape, politicians are trying to win the loyalty of new audiences by promising all sorts of support. We will see what exactly they are promising next. In the meantime, it is important to understand that despite all the statements, no one can guarantee that Trump or Harris's theses will be fulfilled. Therefore, all of the following may remain ink on paper.
Trump & Crypto
Donald Trump’s recent shift towards embracing cryptocurrency marks a notable change from his earlier scepticism. Guided by advisors like David Bailey, CEO of Bitcoin Magazine, Trump has positioned himself as a strong advocate for the crypto industry. This shift aligns him with key figures in the tech world, such as Elon Musk and Peter Thiel, who have a vested interest in the success of digital assets like Bitcoin.
Trump’s pro-crypto stance is not only a political manoeuvre to gain support from the growing community of crypto investors but also a reflection of a broader strategy to differentiate himself from the regulatory-heavy approach of the Biden administration. His promises to deregulate the industry, fire SEC Chair Gary Gensler, and make the U.S. the global hub for cryptocurrency could have significant implications for the market. If these promises are fulfilled, they could lead to increased market confidence and investment, positioning the U.S. as a leader in the global digital economy.
However, there are also concerns about the practicality of some of Trump’s proposals, particularly his pledge to keep all the U.S. government’s Bitcoin holdings. While his rhetoric may boost short-term investor optimism, the long-term impact on the market remains uncertain, especially if regulatory clarity is not achieved.
Key Facts
- Fundraising Success. Trump’s campaign has raised over $25 million from the crypto sector since May 2024, highlighting the financial support he has garnered from the industry.
- SEC Chair Firing Promise. Trump has pledged to fire SEC Chair Gary Gensler, who is seen as antagonistic towards the crypto industry due to his strict regulatory stance.
- JD Vance as Running Mate. Trump’s selection of JD Vance, a senator known for sponsoring crypto deregulation legislation, underscores his commitment to a pro-crypto agenda.
- Pro-Bitcoin Mining Stance. Trump has expressed strong support for Bitcoin mining, aiming to position the U.S. as a dominant player in the global mining industry.
- Opposition to CBDCs. Trump has vowed to halt the development of Central Bank Digital Currencies (CBDCs), which are unpopular among crypto enthusiasts who value financial privacy and decentralisation.
- Price Impact. Following Trump’s speech at a major Bitcoin conference, the price of Bitcoin surged to nearly $70,000, indicating the market’s positive reaction to his pro-crypto rhetoric.
- Industry Support. High-profile crypto figures like Cameron Winklevoss and Jesse Powell have backed Trump, reflecting the strong alignment between his campaign and the interests of the crypto community.
- Potential Regulatory Shift. If elected, Trump’s policies could lead to a more favourable regulatory environment for cryptocurrencies in the U.S., potentially reversing many of the strict measures implemented under the Biden administration.
Kamala Harris & Crypto. Tug of war
As the Democratic presidential nominee, Kamala Harris faces the complex challenge of positioning her campaign to appeal to the growing community of crypto investors while maintaining a balanced approach to regulation. With President Joe Biden having taken a relatively stringent stance on cryptocurrency, Harris must navigate the expectations of both crypto advocates and skeptics within her party.
Key Facts:
- Bipartisan Crypto Appeal. Harris’ campaign has attracted significant interest from crypto advocates who see her as a potential ally. The formation of the "Crypto for Harris" advocacy group and the involvement of prominent figures like Mark Cuban highlight the efforts to garner support from the crypto community. However, Harris has yet to clearly define her stance on digital assets, which has left some industry players uncertain about her long-term commitment.
- Strategic Campaign Moves. Recently, Harris has brought on board former crypto advisors David Plouffe and Gene Sperling, signaling a potential shift towards a more crypto-friendly approach. This move is seen as a response to Trump’s strong appeal to the crypto industry, particularly his promises to deregulate and support the sector.
- Balancing Act. Within the Democratic Party, Harris must balance the pro-crypto sentiment with the concerns of prominent figures like Senator Elizabeth Warren, who have been vocal critics of the industry. Warren’s influence within the party represents a significant hurdle for Harris as she crafts her policy towards digital assets.
- Electoral Impact. Harris’ approach to cryptocurrency could play a pivotal role in the election, especially given the close race in key battleground states. The recent Mercury Analytics poll suggests that undecided Democratic voters, particularly those from minority groups, are more likely to own crypto and view the Biden administration’s policies as too hostile towards digital assets. This indicates a potential opportunity for Harris to capture these votes by adopting a more favorable stance on crypto.
If Harris successfully navigates these challenges and positions herself as a moderate, yet forward-looking candidate on cryptocurrency, she could appeal to a broader base of voters who are invested in the future of digital assets. However, the tension within her party over how to handle crypto regulation could complicate her efforts. Harris’ ability to unite the party on this issue while offering a clear and strategic vision for the future of crypto in the U.S. could be a determining factor in the 2024 election.
Why Bother at All?
The United States holds a pivotal role in the global cryptocurrency market, making its presidential elections crucial for the future of digital assets like Bitcoin. As the largest economy and a key player in financial markets, the U.S. significantly influences Bitcoin through its regulations, market involvement, and economic strategies.
A clear example of this influence is the U.S. government's ability to regulate major cryptocurrency platforms such as Binance. The recent case against Binance, which led to a $4 billion settlement, underscores how U.S. actions can steer the global crypto landscape, affecting Bitcoin’s market behavior and investor sentiment.
Moreover, with the U.S. financial markets accounting for over 42.5% of the global market and the U.S. dollar serving as the world’s reserve currency, most Bitcoin transactions are conducted in dollars. This reinforces the U.S.'s power over Bitcoin, especially as the potential approval of Bitcoin ETFs by U.S. regulators could further institutionalize the digital asset, increasing its demand and integration into traditional investment portfolios.
While the institutionalization of Bitcoin in the U.S. could boost adoption and market demand, it also challenges Bitcoin’s decentralized nature by bringing it under the control of established financial institutions. However, this regulation also aims to provide a safer environment for investors, reduce fraud, and enhance Bitcoin’s credibility.
In essence, the U.S. presidential election will likely determine the future of cryptocurrency regulation and market conditions. The policies the U.S. sets will have significant implications for Bitcoin and the global crypto market, making this election particularly important for all stakeholders in the digital asset space.
Wrapping Up
“We are also increasingly optimistic that the next administration, whether Democrat or Republican, will be constructive on crypto. The rhetoric has shifted,” said Brian Armstrong, CEO of Coinbase.
As the U.S. heads into another pivotal election, the future of cryptocurrency hangs in the balance. Both Trump and Harris represent starkly different paths for digital assets, with Trump’s pro-crypto stance potentially accelerating Bitcoin’s institutionalization, while Harris’ approach remains more cautious, emphasizing regulation and consumer protection. The outcome of this election will shape the landscape of crypto regulation and adoption in the U.S., making it a critical moment for investors and the broader crypto community.
We’re thrilled to congratulate Arbitrum on the successful mainnet release of Stylus! This major milestone is a testament to the cutting-edge innovation that Arbitrum continues to bring to the blockchain space. As one of the projects building on Arbitrum, we at CVEX are particularly excited about the benefits this release will bring to our platform and the broader crypto community.
Stylus is set to change the way smart contracts are written and executed. This is a win for developers and the entire ecosystem that depends on faster, cheaper, and more efficient blockchain solutions.
In this blog, we’ll explore how Stylus will expand CVEX’s capabilities and what this means for our traders. From significantly improved computation efficiency to reduced transaction costs, Stylus is poised to reshape the future of on-chain derivatives trading.
Key takeaways:
- Arbitrum recently launched Stylus on mainnet, marking a major milestone for the blockchain space.
- Stylus allows CVEX to write smart contracts in Rust, elevating efficiency and interoperability with Ethereum's ecosystem.
- CVEX benefits from over 10x improvements in computation and memory usage due to Stylus' integration with WebAssembly (WASM).
- Stylus reduces gas fees on CVEX, offering traders lower transaction costs.
- Rust's built-in safety features, like reentrancy detection, improve the security of smart contracts on CVEX.
- Stylus' EVM compatibility allows seamless cross-chain trading between Ethereum, Arbitrum, Base, and Optimism.
What is Arbitrum Stylus?
Arbitrum Stylus is a breakthrough technology that introduces a new approach to building smart contracts. Unlike traditional Solidity-based contracts, Stylus leverages WebAssembly (WASM), which opens the door to writing contracts in languages like Rust. This not only expands the options for developers, but also drastically improves the efficiency of contract execution.
Stylus operates with full compatibility with the Ethereum Virtual Machine (EVM), meaning it integrates seamlessly with existing Ethereum-based protocols. This "MultiVM" setup allows developers to mix and match contracts, optimising them for performance while preserving the ability to interoperate with the broader Ethereum ecosystem.
The result? More flexible, powerful, and efficient contracts that still fit within the familiar Ethereum environment.
Why CVEX Chose Stylus?
At CVEX, we made a deliberate choice to build on Arbitrum’s Stylus, and the reasons are clear. The key benefit lies in the interoperability that Stylus provides between WebAssembly (WASM) and Solidity. This allows us to develop smart contracts in Rust, which gives us access to decades of compiler advancements through LLVM. By doing so, we can create more advanced and efficient contracts while still maintaining compatibility with the Ethereum ecosystem, thanks to Stylus' seamless integration with the EVM.
Our CTO, Ivan, summarised this perfectly:
"Thanks to Stylus, we can fully exploit the potential of Rust, WASM, and LLVM to create advanced and efficient smart contracts while preserving complete interoperability with the entire Ethereum ecosystem. This makes Stylus the only real choice for implementing fully functional portfolio margin management for derivatives trading on-chain."
Stylus’ unique capabilities allow us to efficiently use Rust’s powerful development ecosystem to create robust and cost-efficient contracts. This gives our traders the advantage of lower fees and higher performance without compromising on the security and flexibility of Ethereum’s extensive infrastructure.
Technological Advantages of Stylus for CVEX
Stylus brings cutting-edge technological benefits to CVEX, transforming the efficiency, cost-effectiveness, and security of our platform. By utilising Rust and WebAssembly (WASM), Stylus allows us to significantly optimise our protocol for better performance and scalability.
Below, we dive into the three key advantages that Stylus delivers to CVEX and our users:
- 10x improvements in computation and memory usage through Rust and WASM.
- Significant reduction in gas fees, lowering transaction costs for users.
- Enhanced security through Rust’s reentrancy detection and Arbitrum Nitro’s fraud-proofing.
Efficiency in Computation & Memory Usage
One of Stylus's standout features is its ability to provide over 10x improvements in computation and memory usage, thanks to its integration with Rust and WebAssembly. This optimisation is crucial for handling the heavy computational loads associated with derivatives trading. By leveraging these technologies, CVEX is able to execute trades faster and manage more complex portfolios with greater efficiency.
This leap in performance allows us to scale our operations and offer a superior trading experience. It ensures that high-volume transactions run smoothly, even during peak market conditions. The increased efficiency also helps lower the platform’s operational costs, further benefiting our traders.
Lower Transaction Costs
Stylus directly reduces transaction costs. One persistent challenge in decentralised finance (DeFi) is the high gas fees associated with smart contract execution. However, by incorporating Stylus, which optimises gas usage, CVEX can significantly lower these fees.
This reduction in gas costs means that our users can trade more frequently without being burdened by excessive fees. For traders managing large portfolios or executing frequent transactions, this translates into substantial savings over time, making CVEX a more cost-effective option compared to other platforms.
Improved Security
Security is paramount in any DeFi platform, and Stylus offers advanced features that elevate the safety of smart contracts. Rust’s inherent safety features, such as reentrancy detection (enabled by default), allow CVEX traders to enjoy a higher level of security. This prevents malicious attacks that could exploit vulnerabilities in contract execution.
By building on Stylus, CVEX ensures that every contract benefits from Rust's rigorous security protocols combined with the proven fraud-proofing technology integrated within Arbitrum’s Nitro framework.
Bridging Ecosystems Through EVM Compatibility
One of Stylus's key strengths is its seamless interoperability with the Ethereum Virtual Machine (EVM), a feature that CVEX fully leverages. By being EVM-compatible, Stylus allows CVEX to bridge multiple blockchain ecosystems — such as Ethereum, Arbitrum, Base, and Optimism — making cross-ecosystem transactions smooth and hassle-free for our users.
For traders on CVEX, this means they can move funds between these various networks without facing the complexities that typically come with cross-chain trading. The integration of Stylus allows us to offer a unified trading experience, letting users benefit from the strengths of multiple chains while staying within the familiar Ethereum ecosystem.
Be Ready for New Crypto
The introduction of Arbitrum’s Stylus mainnet is a groundbreaking achievement for the blockchain space, and CVEX is proud to be building on this technology. Stylus redesigning the efficiency, scalability, and security of our platform while also lowering transaction costs and making cross-ecosystem trading a reality for our users.
We congratulate Arbitrum on this incredible milestone and look forward to continuing our work with Stylus to bring even more innovations to the crypto derivatives trading space. The future is bright, and we’re excited to explore the endless possibilities that Stylus unlocks for both CVEX and the broader DeFi community.
Often luck isn’t enough in trading. It demands a solid strategy and the right tools. Thus, knowing which technical indicators to use can be the difference between profit and loss.
In this guide, we’ll explore the top 5 technical analysis tools available on CVEX that can help you make smarter, more informed trading decisions. These are the tools that should be in every trader’s toolkit. So, grab your favorite caffeinated beverage, and let’s dive in!
How to Apply Indicators?
CVEX uses Trading View functionality to deliver traders up-to-date market charts and the option to apply technical analysis indicators on them. So, this process won’t take long:
- Visit the CVEX trading terminal and connect your wallet
- Choose the contract you want to analyse (e.g. BTC 27SEP24)
- Click the “Indicators” button right above the price chart to open the search menu
- Jot down the name of the indicator you want to apply or choose it from the list in the pop-up menu
- Close the pop-up menu, place your cursor over the name of the indicator, which must be shown on the left part of the chart, and click on the settings
- Adjust the applied indicator to your needs by changing the settings
Moving Averages (MA)
Moving Averages (MAs) are a group of indicators designed to simplify chart navigation by highlighting price changes by averages and identifying the trend. Two types are very common among traders: Simple Moving Averages (SMA) and Exponential Moving Averages (EMA).
They work in the same way, but they pay attention to different data. SMA takes the average price values for a specified period, on the basis of which the chart is built. It’s perfect for long-term trades, especially if the market isn’t going wild EMA does the same thing, but the closer the time period is to the current date, the more “weight” its average price. Obviously, EMA is ideal for short-term trades, particularly in a volatile market.
Pro tip: MAs work well in pairs, allowing you to see the big picture and get an idea of recent movements at the same time. Try combining them!
Relative Strength Index (RSI)
The Relative Strength Index (RSI) acts like your personal radar system, scanning the market for overbought and oversold conditions. As a momentum oscillator that swings between 0 and 100, it gives you a heads-up on when the market might be ripe for a change in direction.
RSI measures the speed and change of price movements. When RSI values rise above 70, it might signal that the asset is overbought and due for a pullback. Conversely, RSI values below 30 could indicate that the asset is oversold and might be poised for a rebound. Traders also watch for divergences between RSI and price, as these can be early indicators of potential trend reversals.
While RSI is a powerful tool, it’s even more effective when combined with other indicators, such as Moving Averages, for a comprehensive analysis.
Bollinger Bands
Bollinger Bands, which consist of a middle SMA and two outer bands representing standard deviations from the middle band, help you gauge whether the market’s getting too tight or too loose.
When the bands widen, it indicates increasing volatility, while narrowing bands suggest a period of lower volatility. If the price touches the upper band, it may signal overbought conditions, whereas touching the lower band could indicate oversold conditions. Traders often look for "band squeezes" as potential signals of impending significant price movements.
Pro Tip: Watch for band squeezes — they often precede big moves. If the bands are squeezing, the market might be gearing up for a breakout.
Moving Average Convergence Divergence (MACD)
The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two EMAs, helping you spot changes in momentum.
The MACD line is calculated as the difference between a short-term EMA and a long-term EMA. The signal line, which is a 9-period EMA of the MACD line, acts as a trigger for buy or sell signals. The MACD histogram visually represents the difference between the MACD and its signal line, providing insights into the strength and direction of a trend.
MACD is ideal for trending markets where identifying momentum shifts is crucial. It’s particularly useful in crossover strategies, where a classic buy signal occurs when the MACD line crosses above the signal line. A sell signal is indicated when the MACD line crosses below the signal line.
Quick Tip:
MACD Line Above Signal Line: Bullish signal.
MACD Line Below Signal Line: Bearish signal.
Average Directional Index (ADX)
The Average Directional Index (ADX) acts like a thermometer for trends, helping you measure the strength of a trend without indicating its direction.
ADX values range from 0 to 100. An ADX above 25 usually indicates a strong trend, while an ADX below 20 suggests a weak trend. Traders also look at the directional indicators (DI+ and DI-) that accompany ADX to determine whether the trend is bullish or bearish.
ADX is your go-to for confirming the strength of a trend, especially in trending markets. It’s also useful for avoiding false signals in ranging markets, ensuring that you’re not getting faked out by weak trends.
Wrapping Up
There you have it — the top 5 technical analysis tools that can help you level up your trading game on CVEX. Remember, these indicators are powerful on their own, but they work even better when combined with other tools and strategies. Keep experimenting, stay disciplined, and always have a plan before you trade. Now, go forth and trade smart!
DISCLAIMER:
This information is created for educational purposes only and does not constitute financial advice. The crypto market can be subject to high volatility, which may cause you to lose your money. Past performance does not determine future price movements. Trade with caution.
Together with the new CVEX v.1.171 update, we have introduced the CVEX Lite Version. In general terms, it is a simplified trading terminal interface with fewer elements and indicators. Why did we do it? Well, it’s quite simple: some traders don’t pay attention to most indicators, and these can become unnecessary visual clutter. But for our experienced friends, we have left all this in the Pro Version.
But what exactly has changed?
How to Switch?
Firstly, let's understand how to get to the Lite Version. In general, the Lite Version is the first at launch, as it is objectively user-friendlier. However, in case it didn't happen, to get to it, use the drop-down list in the upper right corner of the screen. Click on it and select Simple Trading.
No More Noise
The first difference you may notice is the reduction of visual noise and the reduction of information content in the interface. There are two pictures at the bottom, compare them for yourself:
For instance, we’ve removed the Margin Utilisation parameter. You can still see how your position will affect the required margin, but unclear percentages are a thing of the past. Also, the Leverage indicator has taken the form of a slider for more convenience. As you know, in the future, we will introduce the ability to select the leverage yourself, and this is the first step in that direction.
One more change has been made to fees. In the end, for most traders, it doesn't matter what part of the commission is for operational fees and what part is for trading fees. So now you can see the total value. For example, to buy one Bitcoin, you will spend $2.7 on commissions.
Finally, order types. As our statistics show, a few users actually use these features (although we consider them necessary for competent trading), so now we have left them only for the Pro version.
New Account Details
In the new Lite Version, we have simplified the display of your account details and portfolio. Again, there are two pictures below for comparison:
Here's what's changed:
- The Margin Utilisation and Required Margin metrics have been merged. Now, in account details, the first metric is listed as a percentage and the second as a number.
- The USDC Collateral indicator has been removed. You can now see it in the Pro Version or calculate it yourself by adding Equity and P&L.
- Available to Withdraw became Available Collateral, which is closer to the truth. After all, this amount can be used for opening new positions and for withdrawal to a stablecoins wallet.
More Contracts Information
Now, in the upper part of the terminal, you can see the percentage change in the asset price without having to calculate everything yourself. Also, detailed information for fundamental analysis of the asset is available by clicking on a separate button in the upper right corner of the chart.
We have also decided to limit the variability of selecting contracts for trading in the Lite Version, leaving only those that have a later settlement date. This decision is based on the feedback received from the audience and statistics collected by us.
What Else?
Along with the Lite Version, we have introduced several other features that can help you trade faster and more efficiently. You need an example, don't you?
New Contract Search
Now, by clicking on the contract name or using the shortcut Ctrl+M (the shortcut does not work in the Lite Version), you will open a new contract search box. Here, you can find the asset you are interested in a more convenient format.
Balance Increase/Decrease without Wallet Confirmation
Since CVEX v.1.171, each balance change no longer requires additional confirmation from your wallet. This improvement required some hard technical decisions from us, but we have achieved the result. Now your trading should be much smoother.
Note: We are aware that this improvement has caused excessive load on the smart contract, leading to delays or errors in balance changes. We are working on this and will address the situation with the next hotfixes. Thank you for your feedback!
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And This Is not the End!
You can read about other changes in our recent blog.
We are truly happy that we are one step closer to our goal - the Mainnet release. And this update is the last step before we prepare for the release. So stay tuned and don't forget to leave your feedback in our community. Happy testing!
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