Testnet Beta Is Now LIVE! Win $230,000+ in $IDEX Rewards
TL;DR
Testnet Beta: The testnet of our all-new IDEX Omnichain Perpetuals DEX is LIVE! Start trading now.
Trading Competition: We’re distributing 2 MILLION $IDEX in rewards based on PnL. No deposit or bridging required! There will be three rounds:
Round 1: June 11th, 17:00 UTC - June 14th, 17:00 UTC | 500K $IDEX prize pool
Round 2: June 25th, 17:00 UTC - June 28th, 17:00 UTC | 500K $IDEX prize pool
Round 3:TBA | 1M $IDEX prize pool
Swag Pack Giveaway: For each round the top 10 traders by PnL will also receive exclusive IDEX Swag Packs plus we'll be raffling off a whole bunch more to the community. Your whitelisted wallet is automatically one entry – and you'll earn additional entries by unlocking specific milestones we'll reveal throughout the competition.
Whitelist Access: More than 10,000 of you are whitelisted and already competing for the prize pool. The faster you get on the whitelist, the more time you’ll have to compete for the top spot. Start the process now on our Discord.
Market Maker Rewards: 2 MILLION $IDEX in rewards available during the first Epoch.
Connecting Your Wallet: Connecting should be seamless and automatic, but in case you need to add XCHAIN details, please follow the below info:
Network Name: XCHAIN Testnet
RPC URL: https://xchain-testnet-rpc.idex.io/
Chain ID: 64002
Currency Symbol: ETH
Block Explorer: https://xchain-testnet-explorer.idex.io/
We… are… LIVE.
We’re stoked to announce that the IDEX Testnet Beta is officially live! We’ve opened the gates and it’s go time.
And we’re kicking off this party strong with more than 10,000 of you on our whitelist and already competing for our 2 MILLION $IDEX prize pool.
The faster you get on the whitelist, the more time you’ll have to compete for the top spot – so what are you waiting for? Navigate to #wl-start-here on our Discord, complete a simple captcha to unlock #wl-submit-wallet and then submit your EVM address by sending it as a normal message. Now visualize yourself dominating the leaderboard as we whitelist your account. By the way, WL will remain open for the rest of testnet.
We’ve also got some rad features we’re introducing!
Highlighting a couple things here we think you’ll especially dig about the new IDEX:
High-Performance: Trade 20x faster than the leading perpetuals DEX with millisecond latency and instant execution.
Slick Mobile Experience: Leave your hardware wallet at home for seamless real-time mobile trading with IDEX Connect.
What markets can I trade?
During testnet, you'll have access to the following markets exclusively:
BTC
ETH
SOL
WIF
PEPE
DOGE
Remind me how the trading competition works?
Here’s a quick recap about how this is going down:
Eligibility: You must be whitelisted to participate.
Starting Balance: Every participant begins with the same balance of $1,000.
Measurement: Your ranking will be based on your PnL. So you have free reign to test your craziest strategies because the higher your balance, the better your position on the leaderboard. Go wild, bros.
Duration: The competition runs throughout the testnet period – There will be three rounds:
Round 1: June 11th, 17:00 UTC - June 14th, 17:00 UTC | 500K $IDEX prize pool
Round 2: Week of June 17th | 500K $IDEX prize pool
Round 3: Week of June 24th | 1M $IDEX prize pool
What do I get if I win?
Aside from total degen glory, there’s a bunch of prizes on the line. We’re distributing 2 MILLION $IDEX across three competition rounds.
We’ll post the results of each round here, with payouts at the end.
We’re also gifting our brand-new exclusive Swag Pack – featuring first-ever collabs with Wassieverse and loldefi and our very own GOAT’d Collection. Bros, this is the merch of your degen dreams.
Again, here’s all the goods:
How do I make sure I get a Swag Pack?
The Top 10 traders by PnL will receive exclusive IDEX Swag Packs, guaranteed. Plus your whitelisted wallet (with a required minimum trading volume) is automatically one entry – and you’ll earn additional entries as you trade and unlock specific milestones. So get in there and get trading!
Any new info for Market Makers?
Your Epoch 0 starts now as well and features 2 MILLION in $IDEX rewards. Integrate here via our API Docs to participate.
Get ready, the future is coming.
It’s all finally happening… the IDEX evolution is nearly complete! And we couldn’t be more excited to share it with you! We also can’t thank you enough for helping us evolve and perfect our product over the next few weeks before it goes live. Throughout testnet, we’re going to be releasing new features that didn’t quite make the cutoff for today’s launch. Will it be your idea? We’d love to hear about your experience. As always, thanks for betting on us, GOATs.
And may the best GOATs win!
About IDEX
Established in 2017, IDEX is transforming decentralized trading as the premier omnichain perpetuals exchange. The platform combines industry-leading speed and performance with transparency and security to create an entirely new trading experience featuring one-click onboarding, slick mobile trading with IDEX Connect and gas-free settlement secured by Ethereum. IDEX is built for all traders, providing instant execution and millisecond latency while allowing users to maintain full control and custody of their funds even on the go.
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