After the Securities and Exchange Commission unveiled a barrage of charges against two of the world's largest centralized crypto exchanges, the crypto exchanges are increasingly shifting from centralized to decentralized ones. Although current cryptocurrency trading primarily occurs on centralized exchanges as they remain dominant, decentralized finance (DeFi) boomed in 2020 and has matured and properly consolidated its position. Its technology sediment, as it were, has already been settled. Additionally, the emergence of various excellent Layer2 products has greatly enhanced the processing capabilities of blockchain, laying a solid foundation for the rise of DeFi.

It all adds up that crypto exchanges are shifting from centralized to decentralized finance. However, it does not mean the rise of all decentralized products.  

Whether centralized or decentralized, the spot trading market is saturated in the whole crypto exchange industry. It is particularly true for DeFi applications. Uniswap and AAVE have already occupied the majority of the spot trading and lending markets, and they have been in operation for many years since their development, accumulating a large number of loyal users, which puts them in an almost unassailable position, and new products are not likely to change that. On the other track of decentralized trading, even though the market for crypto derivatives is growing, it is not deeply developed. It contains enough energy to generate another leading cryptocurrency application.

Over the past few years, when the cryptocurrency market was quiet, an American technical team devoted itself to crypto derivatives trading and recently created a fantastic decentralized crypto derivative trading platform--MEKE. This team comprises top traders from the traditional financial industry and senior technical personnel engaged in blockchain technology for many years. Therefore, MEKE has not only professional trading experience but also a powerful trading engine and efficient trading algorithms.

From the onset of MEKE development, owing to the nearly ten years of rich experience in the financial market, MEKE team members were strongly aware that the crypto derivatives track would be so massive that its market value would far exceed the one of spot trading. After years of continuous product development and market research, the team has become more convinced.

In the crypto derivatives market, the average daily trading volume was worth over 100 billion US dollars, and the trading volume of perpetual contracts has steadily exceeded that of spot trading in the past two years by more than double. However, from the overall financial market pattern perspective, the derivative trading market is generally ten to dozens of times larger than the spot market. Taking the world's largest oil market with the most considerable amount of funds as an example, the trading volume of NYMEX WTI futures and ICE Brent futures contracts can reach several billion barrels per day, while global demand for crude oil amounts to about 100 million barrels per day; Futures trading volume exceeds daily oil consumption by more than 25 times.

As one can imagine, only a tiny part of the current market potential of crypto derivatives has been released. Among the exchanges that provide transactions for crypto derivatives, most crypto users currently use centralized exchanges, and the decentralized ones only account for about 2% of the total transaction share. Whether in terms of the market share of demand for crypto derivatives trading or the structure of the exchange that provides trading services for crypto derivatives, decentralized crypto derivatives trading services undoubtedly have considerable potential. 

Therefore, the birth of MEKE is thanks to the advantages of good timing and geographical convenience--the market is in dire need of products like MEKE.

As a decentralized derivative trading platform, MEKE stands out from other volatile platforms with its unique features. Its striking feature lies in its security and transparency guarantees of decentralized trading and its smooth and intuitive experience comparable to centralized exchanges. It is well-suited for beginners. You can quickly start and smoothly conduct crypto perpetual contracts trading in MEKE. It has provided a strong driving force for MEKE's marketing promotion and is also one of MEKE's main moats.

Two main factors have contributed to the advantages of MEKE. The first is years of technical accumulation and meticulous polishing of products and trading algorithms by the MEKE team. Its development commenced in 2021 but has undergone over two years of continuous polishing before its launch. Another factor is that MEKE also meticulously selected the public blockchains it built on. When the ETH L2 network Arbitrum first came out, MEKE chose to deploy on Arbitrum, but due to the small user base, MEKE then deployed on the Binance Smart Chain（BSC）. After extensive testing on BSC, BNB Chain unveiled the L2 network opBNB. Therefore, after extensive research on opBNB, the team ultimately decided to deploy MEKE on opBNB. OpBNB is the latest L2 network developed by core technical personnel of the Binance Ecosystem for BSC. As the L2 network of BSC under the Binance Ecosystem, this chain has considerable traffic support. Technically, this L2 can reach 4500+TPS and a minimum fee of USD0.005 gas per transaction.

MEKE has been successfully deployed on the opBNB testing network and has undergone long-term internal testing, which has been successful and audited by the world's top blockchain security company, Certik. Next, MEKE will release its public beta to all crypto enthusiasts.

The countdown has begun for MEKE public beta. After the countdown, all users from the crypto derivative trading-supported regions can participate in the MEKE public beta. MEKE has also prepared generous gifts for those who will participate. It not only allows users to experience MEKE's top-notch trading experience in the early stages and learn about the world's latest crypto derivative trading platforms but also allows them to receive platform token MEKE airdrops, as well as many generous gifts such as fee dividends and fee reductions after its official launch in the later stage.

As a track supported by a trillion-dollar market, with its advanced trading design, and smooth trading experience, MEKE has a bright future. In the future, even if MEKE will only occupy a 1% share of the entire crypto derivative market, its monthly profits will be billions of dollars. It is not hard to imagine that if MEKE operates well, its token MEKE will shine brightly.

With the delicate design, MEKE supports almost all the browser plug-in and mobile wallets in the market, reducing users' participation threshold. The MEKE public beta is about to begin, and crypto enthusiasts can refer to official MEKE communities such as Discord, Telegram, and Twitter for the latest progress and development of the MEKE public beta.  

MEKE-related communities: Official MEKE Website | Twitter | Discord | Telegram