Our community has grown to 300,000 traders with over 800,000 trades. One year since the launch of the Morpher Protocol, we have a big update in our mission to democratize investing. Get ready for Morpher DEX. Trade 700 assets directly on the Ethereum blockchain. You can use your ETH to invest in Tesla or gold with 10x leverage. More importantly, the DEX is open to anyone around the world. You don't need to deposit or create an account to trade. Get exposure to DOGE and Polygon without leaving the Ethereum blockchain. Join the list for early access. The DEX is launching soon, we're excited to have you with us on the next chapter of our trading revolution.

🔮 DEX is coming...

ronaldo

will I be able to change mph to eth directly?

denis

ronaldo The current trading app runs on Morpher Sidechain. So if you want to use/convert those MPH, you still need to go through withdrawal. We're working on better withdrawal methods.

If you just use DEX, you can buy MPH on Uniswap, use DEX, then swap back into ETH on Uniswap. No transfers/withdrawals/deposits needed.

ronaldo

denis got it, so I still can't sell my mph directly on DEX?

denis

ronaldo good question, you can actually. It’s powered by Uniswap though, we just integrate directly with them.

DANISHCRYPTO

What will happen to morpher Token, now you can use like 10 asset as collateral instead of jus Morpher. This will have huge impact on Tokenomic. will they put a cap on supply or it will be same?

and what the volume that Morpher is generating?

denis

DANISHCRYPTO You probably didn't click through to actually try a trade 😉. All trading via Morpher Protocol requires MPH. So when you use ETH, you are first converting ETH to MPH and then placing a trade. Sorry I don't get your volume question.

DANISHCRYPTO

denis Volume is the total money traded on the platform till now? any link where I can see live metrics like this one?https://duneanalytics.com/yenwen/perpetual-protocol_2

DANISHCRYPTO

So conversion will be automatic? Can you send me Kovan eth to test the Dex. The site for getting Kovan ETH is showing bad gateway after clicking on it. My question was how many million worth of trading volume was done on MPH?

denis

DANISHCRYPTO About 1 billion MPH in trading volume across 800k trades. We have some general stats here: https://www.morpher.com/stats

Yep Kovan faucet is down. Try this https://gitter.im/kovan-testnet/faucet or send me your ETH address.

DANISHCRYPTO

denis 1 billion in MPH trading Volume is just 2 million dollar.

denis

DANISHCRYPTO You should check your math and your assumptions.

We haven’t been engaged with the crypto audience, that’s obvious from coin market cap or Uniswap activity - no volume necessary. DEX is a good step towards changing that.

DANISHCRYPTO

denis any reason why you are not engaged with Crypto Audience. this is a complicated piece of tech and Crypto Audience should be the priority...

DANISHCRYPTO

Is there any telegram group where I can post questions?

ivan

We just launched our Discord Server !

DANISHCRYPTO

ivan I still did not got my Kovan eth.

ivan

DANISHCRYPTO

@denis Try this https://gitter.im/kovan-testnet/faucet or send me your ETH address.

I was able to get Kovan ETH using this method that Denis pointed.

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