BYDFi Launches MoonX On-Chain Trading Engine For Seamless DeFi Access

Generated by AI AgentCoin World
Tuesday, May 13, 2025 6:12 pm ET2min read

BYDFi, a leading global cryptocurrency trading platform, has announced the launch of its new on-chain trading engine, MoonX. This innovative engine is designed to simplify access to decentralized finance (DeFi) for users who are accustomed to centralized exchanges (CEXs). MoonX is positioned as a "ticket to the DEX world" for CEX users, offering a seamless transition and enhanced trading capabilities.

MoonX features a dual-engine strategy that aims to help BYDFi’s users manage centralized and on-chain assets within one unified account framework. Unlike traditional exchanges or wallets, MoonX serves as a lightweight entry point to Web3 trading. It retains the security and user familiarity of CEXs while unlocking the asset diversity and potential of DeFi. This approach eliminates the need for users to set up wallets, switch chains, or pay costly gas fees when copying whale trades on trendy meme coins. With MoonX, users only need one BYDFi account and a single tap to execute trades, delivering a Web2-level user experience tailored for a Web3 world.

MoonX offers access to over 500,000 meme coins and aggregates liquidity from multiple platforms such as Pump.fun, Raydium, and PancakeSwap. Currently, MoonX supports Solana and BNB Chain, with plans to expand to additional major blockchains. The platform integrates smart strategies and smart money copy trading, featuring millisecond-level execution optimized for high-frequency Degen traders. MoonX goes beyond trend-chasing by combining liquidity, strategy tools, and advanced security, building a foundation for trading early-stage, long-tail assets with optimized on-chain efficiency.

Michael, Co-Founder of BYDFi, commented on the development, stating, “MoonX is more than a new feature—it could shape a new standard: a scalable Web3 onboarding system that starts with a CEX front-end and runs on a DEX backend, designed for frictionless asset flow.” He added, “MoonX merges the best of both worlds—CEX performance and DEX freedom—so that anyone can participate in smart on-chain trading. Web3 shouldn’t be exclusive to experts. It should be a finance layer open to all.”

This launch is part of BYDFi's broader initiative to expand its services and cater to the evolving needs of the cryptocurrency market. The platform's focus on innovation and user experience is evident in its development of MoonX, which is designed to streamline the trading process and reduce the complexities often associated with DeFi. This move is likely to enhance BYDFi's competitive edge in the market, as it continues to adapt to the changing landscape of digital assets.

The on-chain trading engine is expected to offer several advantages, including improved security, faster transaction times, and lower fees. These features are crucial for attracting users who are looking for a more efficient and cost-effective trading experience. Additionally, MoonX's integration with BYDFi's existing platform ensures that users can seamlessly transition between centralized and decentralized trading, without the need for complex setups or additional software.

BYDFi's launch of MoonX is a strategic move that aligns with the growing trend of hybrid trading platforms. As the cryptocurrency market continues to evolve, there is an increasing demand for solutions that combine the benefits of both CEXs and DEXs. MoonX's ability to bridge this gap positions BYDFi as a leader in the industry, offering users a comprehensive and versatile trading experience. This development is likely to have a positive impact on BYDFi's user base and market presence, as it continues to innovate and adapt to the needs of the cryptocurrency community.