Well, we have the most popular exchange Binance globally backing us. We are the first project to be incubated by Binance Labs to debut on Launchpad. Binance has supported us since 2018 and is our biggest investor. They want us to be the best derivatives DEX, or dare I say it, the “Binance” of derivatives DEX. We plan on leveraging the Binance ecosystem to reach new user bases over time.
We also outperform every other derivatives DEX in the market today. We are faster, have zero gas fees, enable anyone to create any market on our platform and have cross-chain trading capabilities. We retain the robust infrastructure of a fully functional DEX while having a user-friendly frontend such as Binance or a centralized exchange would have.
Many DEXs today claim to be decentralized but are actually centralized in most aspects besides custody. From restricting access to certain user demographics, retaining proprietary control over exchange infrastructure, every central limit orderbook DEX that we have seen has centralized components that allow traders to be subject to the will of a some omnipotent authority. This is the fundamental problem that Injective solves.