YFX, The First DEX That Offers 100x Trading Leverage SAN FRANCISCO, CA / ACCESSWIRE / January 19, 2021 / YFX, the first DEX that offers 100x trading leverage on perpetual contracts has just launched, adding an important piece to the DeFi money legos, and creating a direct competition against CEX on derivatives trading. The most traded Bitcoin product in centralized exchanges is Bitcoin futures, which is 10 times bigger than spot trading in terms of the trading volume. But in DEX, spot trading platforms like Uniswap are occupying a large portion of the total trading volume, and there is not a single decentralized futures trading platform that could reach even 1/10 of Uniswap's trading volume. What stops decentralized futures trading platforms from becoming 10 times bigger than Uniswap? Why are decentralized futures trading platforms performing worse than their centralized counterparts?