Merkle Trade launches innovative decentralized trading platform with 1,000x leverage

Merkle Trade, a cutting-edge decentralized platform for trading cryptocurrencies and synthetic assets, has launched with advanced trading features and leverage of up to 1,000x. The platform will initially support trading pairs including ETH/USD, BTC/USD, and APT/USD.

To celebrate its launch, Merkle Trade has announced its first-ever trading contest with a prize pool of $3,000. The two-week contest, open to all Aptos platform users, will kick off on April 25th. Participants will be able to use testnet tokens from a faucet to open testnet-based positions.

The final rankings will be based on PnL (profit and loss) on the contest’s end date. Prizes will be awarded based on performance, with participants able to improve their ranking by inviting friends to join, regardless of their investment success.

Merkle Trade is also offering additional events to enhance the contest experience. This includes bi-daily trading quests with exclusive rewards and a Discord event where participants can earn points and additional rewards for their contributions.

The Merkle Trade team plans to release the mainnet version soon, which will provide traders with an even more seamless trading experience. With its innovative features and competitive contests, Merkle Trade is poised to become a go-to platform for cryptocurrency traders worldwide.

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