Unizen API: Empowering MetaTdex Users in DeFi Evolution

Unizen API empowers MetaTdex users with seamless DeFi access and 20,000+ assets.

Unizen API: Empowering MetaTdex Users in DeFi Evolution

Over 300,000 institutional-size DeFi traders will have extended access to DeFi via Unizen API.

Unizen is thrilled to announce a transformative strategic partnership with MetaTdex, a global cryptocurrency decentralized exchange and wallet provider based in Dubai. This partnership marks a significant milestone in the evolution of decentralized finance (DeFi), granting MetaTdex’s vast user base direct access to Unizen's cutting-edge trade engine.

About MetaTdex

MetaTdex, founded in 2021, has rapidly emerged as a significant player in the DEX industry, catering to over 300,000 institutional-size DeFi traders across more than 50 countries. The platform operates as an order book matching and decentralized trading platform, offering secure trading services for cryptocurrencies like Bitcoin and Ethereum. With a multi-chain aggregated decentralized exchange supporting asset circulation on Binance Smart Chain (BSC), Huobi Eco Chain (HECO), and Polygon chains, MetaTdex aims to eliminate trading slippage and enhance the trading experience. 

Compliance and Licenses

  • MetaTdex acquired a US MSB license on October 24, 2022, showcasing its commitment to adhere to regulatory standards.
  • On January 2, 2023, MetaTdex became the first decentralized exchange to secure a Dubai DMCC license, authorizing it to provide encrypted digital asset exchange services in Dubai.
  • Further licenses, including the US Money Transmitter License (MTL), the Hong Kong SEC's VRAR, and licenses from Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM), are under application, reflecting MetaTdex’s earnest pursuit of global compliance and recognition.

Operational Statistics

In Q3 2023 alone, the platform's 300,000 institutional-size DeFi traders generated a whopping 2.9 billion dollars in volume, averaging 30 million dollars daily.

Platform Accessibility

MetaTdex offers a mobile application for trading crypto and managing multi-chain assets.

The app is available on the App Store for both iOS and Android devices via this link: https://www.metatdex.com/download

Empowering Users with Unizen’s Trade Engine

The integration of Unizen's potent API into MetaTdex is a groundbreaking development in the DeFi industry. This strategic partnership grants MetaTdex users the unprecedented ability to harness the full potential of Unizen's trade engine directly through their platform. This collaboration elevates MetaTdex's capabilities, offering users seamless access to DeFi markets and highlighting mutual benefits from this innovative fusion of technologies.

Key Features and Benefits of the Integration

  • Swift Data Access: Access sub-second quotes, enabling faster decision-making.
  • Maximized Returns: Enjoy maximum returns on decentralized trades, conveniently within MetaTdex.
  • Seamless Cross-Chain Trading: Effortlessly conduct cross-chain transactions, making trading efficient and cost-effective.
  • Direct DeFi Access: MetaTdex users gain decentralized finance markets and assets directly.
  • Enhanced User Experience: The integration enhances user experience through a more intuitive and seamless interface, seamlessly connecting major features and offering an impressive up to 10x boost in returns when conducting swaps via Unizen’s API.
  • Expansive Asset Selection: MetaTdex users will gain access to more than 20,000+ assets across 9 chains and over 156 decentralized exchanges. this extensive offering opens up diverse investment opportunities and broadens their financial choices.

Unizen’s Comprehensive API Toolkit

  • Unizen Interoperability Protocol (UIP): UIP enables seamless access to assets on all supported blockchains without requiring any manual intervention from the user.
  • Unizen Liquidity Distribution Mechanism (ULDM): ULDM allows users to trade digital assets across multiple blockchains and decentralized exchanges (DEXs), mitigating the complexities associated with different protocols and platforms.
  • Omni Chain Explorer (Unizen Explore): Unizen Explore, an omni-chain enabled block explorer, offers users easy access to on-chain data across multiple blockchains within the Unizen ecosystem.
  • API Integrator Dashboard: A newly developed API integrator portal that allows our enterprise partners to track key performance metrics with granular precision. This portal provides API integrators access to extremely granular analytics and performance metrics, enabling them to employ strategy with more focus and effectively measure the impact of their integrations.

Implications for the Unizen Community

The alliance between Unizen and MetaTdex is a monumental stride towards fostering a more inclusive and robust DeFi ecosystem. By integrating Unizen's sophisticated trade engine into MetaTdex's platform, a wave of new trading possibilities and financial opportunities is unlocked for both communities:

  • Volume and User Base Expansion: The integration is projected to significantly amplify the trade volume within the Unizen trade engine. As MetaTdex's over 300,000 traders delve into the enhanced trading avenues, a reciprocal growth in user base and community engagement is anticipated for Unizen. This symbiotic growth not only augments the vitality of both platforms but also fortifies their standings in the competitive DeFi industry.
  • Token Burn Mechanism: The integration with MetaTdex is anticipated to bolster Unizen's token burn mechanism, a core aspect of its hyper-deflationary tokenomics, by responding effectively to market volatility. This collaboration is likely to result in increased trade volume, thereby amplifying $ZCX token burn rates, benefiting Unizen community and token holders. Furthermore, this partnership underscores the practical utility of the Unizen API, extending its reach to MetaTdex's substantial user base, and showcasing Unizen's resilient tokenomics in fluctuating market scenarios.
  • Elevated Market Presence: The collaboration between Unizen and MetaTdex not only amplifies Unizen's market presence but also fuels technological innovation. This synergy, enriched by shared expertise, cultivates a conducive environment for addressing DeFi challenges and enhances communal resources, fostering a culture of collaborative growth that could attract more partnerships and user engagement.

Outperforming Competitors: The Unizen Advantage

The Unizen Trade Engine consistently surpasses the performance of other leading DEX aggregation solutions. For instance, in a study involving 37 random single-chain trades valued at $10k each, Unizen Trade delivered approximately $238,073 more in total value compared to its top industry-leading competitors. You can delve deeper into this comparison in the ULDM Performance Study.

Looking Forward

Unizen is enthusiastic about supporting MetaTdex’s ever-expanding user base with the Unizen API, providing them with direct and effortless access to the DeFi market. This collaboration reaffirms our capacity to compete with industry giants, emphasizing the symbiotic advantages anticipated from this partnership and future integrations.

Unizen

Unizen is an entirely new category of DEX Aggregator with comprehensive omni-chain access and UTXO support. We offer unparalleled returns on decentralized trades industry-wide. Even compared to leading DEX Aggregators like 1inch, Paraswap, and Matcha.

Our platform boasts a seamless experience with zero bridging, no sign-ups, no fees, and no KYC requirements, all while maintaining complete decentralization. We’ve created an entirely new class of DEX Aggregator, distinguished by an industry-leading Unizen Liquidity Distribution Mechanism (U-LDM), comprehensive omni-chain access, and UTXO support (starting with native Bitcoin).

Our industry-leading innovations give us the ability to provide the highest returns on decentralized trades in the world, full stop.

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