TLX
DEX
Description
TLX is a decentralized leveraged token platform on OP Mainnet, offering up to 20x leverage on over 50 assets. It uses a council-based governance model and has a 100 million supply of TLX tokens. Stakers earn all platform fees, and 8% of the supply is vesting. The TLX DAO holds 3% of the supply and $1 million in ETH Delta Neutral positions.
Value Proposition
TLX is a permissionless, non-custodial leveraged token platform built on OP Mainnet. It enables users to mint and redeem leveraged tokens (LTs) for over 50 assets with up to 20x leverage. All LTs are backed by Synthetix perpetual futures contracts.
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Programs
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Superchain
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Ventures
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