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Features
Using the platform
Ray Dex is a fully decentralized exchange, meaning that any token on PulseChain can be swapped or pooled on the platform.
When visiting the trading platform, a popup will appear asking you to confirm the connection between Ray Dex and your Metamask wallet. This is completely normal and safe. Once confirmed you can start using Ray Dex to Trade / Stake / Farm / Pool / Lend.
Trading on our platform is simple and convenient tool to swap any token on PulseChain. Simply ensure Ray Dex has permission to 'spend' your tokens and enjoy instantaneous, low-cost transactions.
Ray Dex ecosystem is deflationary meaning RDX supply is constantly been burned.
Put your Ray Dex token to work and earn more by simple staking option which reward you with PulseChain native crypto asset.
Pooling tokens facilitates DEX trading, ensuring that there is enough liquidity for traders to make token swaps. This works by providing two tokens (such as RDX and PLS) to a pool in return for LP tokens, which can then be farmed. Not all pools can be farmed on Ray Dex, but you will still earn a percentage of the trading fees in proportion to your share of the pool.
Once in the pool, in most cases you can use LP tokens for yield farming. Simply visit the farm tab and search for the pair you wish to farm to earn a further share of the trading fees.
Ray Dex offers investors the ability to lend or borrow against assets, enabling the deployment of flexible DeFi investment strategies. There are a number of ways you can interact with Ray Dex to leverage your position (after depositing collateral), or lend your assets in return for token rewards with no risk of impermanent loss.
Only a select group of tokens can currently be lent or borrowed on Ray Dex.
This strategy comes with the most active risk. Please exercise caution and manage your risk accordingly.
Last modified 5mo ago