$0.000135
Market Cap
--
24h High
$0.000135
24h Low
$0.000135
24h Turnover
$4.95
Total Supply
100.00M
Market Sentiment
Neutral
About Horizon (HZN)
What is the project about?
HorizonDEX is the #1 DEX on Linea with over 2.29 million TVL and an outstanding cumulative trading volume of 20 million USD since its inception. One of the key advantages of HorizonDEX is its unique offering of Concentrated Liquidity pools which optimizes the APR and capital efficiency for Liquidity Providers, ultimately resulting in the most favorable rates for traders.
What makes your project unique?
HorizonDEX is the leading liquidity hub of Linea. HorizonDEX has several improvements over the Concentrated Liquidity, addressing the major pain points of the users, HorizonDEX offers several feature that aims to provide a seamless trading and LP experience to its users, namely;
-Capital efficiency via Concentrated Liquidity
-Lazy LP
-Auto-compounding Liquidity Provider Fees
-Custom Pools
-Liquidity Mining Rewards (TBA)
History of your project ?
HorizonDEX, formerly known as beatX, made a strategic decision to rebrand and transition from PulseChain to Linea. The move was driven by limitations encountered on PulseChain, including the lack of developer tooling, a gated ecosystem, and declining trading volume. Linea's zkEVM compatibility, ConsenSys backing, and advanced developer tools offered compelling reasons for the migration. The rebranding represents a new identity as HorizonDEX aims to become the main liquidity hub within the Linea ecosystem, providing efficient trading services.
The journey began in early 2023 with rigorous research and development during the Conceptual Phase. The team closely studied existing DEX models, particularly Uniswap-V2, identifying challenges like low price impact, impermanent loss, and low capital efficiency. Recognizing the potential of the Linea platform, they chose it as the ideal foundation for their project.
In Phase 2, focusing on product development and community engagement. The introduction of an incentivized testnet campaign proved immensely successful, attracting
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