DeXFun, a promising decentralized perpetual futures platform that combines gaming elements, has recently launched a new mini-game on Telegram. This exciting addition adds a fun twist to perpetual trading, enabling players to make predictions on market movements while earning points that can be exchanged for rewards such as tokens and NFTs.
The mini-game, available through the DeXFun Telegram bot (@DeXFun_Arcade_Bot), allows users to place predictions on popular cryptocurrencies like BTC and ETH. Players use FUN Points, the in-game currency of DeXFun, to select contracts and predict whether the market will rise or fall.
To participate, users need to simply press the “Up” or “Down” button, similar to holding a perpetual future contract, and release it when they want to finalize their prediction. The game features 1,000x leverage, increasing the potential rewards for correct predictions. Players can choose the percentage of their points to wager on each prediction.
Points are calculated using the formula: (Exit Price / Entry Price – 1) x 1000 x points wagered. This formula applies to both upward and downward predictions, with real-time price fluctuations determining the outcome.
In addition to trading predictions, users can earn extra FUN Points by referring friends, engaging with DeXFun on social media, and taking part in special campaigns. These points can be redeemed for rewards as DeXFun introduces new features and airdrops in the future.
The mini-game is a preview of DeXFun’s larger vision to merge decentralized finance with gaming. As a participant in Neo X’s Elevate Program, DeXFun aims to gamify perpetual futures trading by offering a user-friendly interface that combines social interaction and trading strategy.
Perpetual futures, also known as perps, are derivative contracts that allow traders to speculate on the future value of assets without expiration dates. DeXFun intends to enhance this trading experience by incorporating mini-games, leveling systems, and social features that enable users to share strategies, compete with friends, and unlock exclusive rewards like badges and NFTs.
By integrating gaming elements into perpetual futures trading, DeXFun aims to make trading more engaging and accessible to a wider audience. Stay tuned for more updates and exciting developments from DeXFun as they continue to innovate in the decentralized finance space.