In August 2024, the leading decentralized exchange (DEX) SphereX announced today that it has successfully completed its testnet phase, achieving multiple important milestones and laying the foundation for the upcoming mainnet launch. The platform has launched a series of new features and updates, demonstrating its commitment to enhancing user experience and promoting community interaction.

During the testing phase, SphereX processed over 300000 transactions with a total transaction volume exceeding $150 million. The platform also attracted 45000 users, reflecting people's increasing trust and interest in SphereX's innovative decentralized trading solution.

New homepage: Enhancing user experience and brand consistency

As part of its continuous improvement efforts, SphereX has launched a newly designed homepage aimed at providing users with a more intuitive and simplified navigation experience. This update not only improves usability, but also aligns with SphereX's brand commitment to making decentralized finance (DeFi) accessible. The new design reflects the platform's focus on providing an inclusive and attractive environment that meets the needs of both novice and experienced traders.

New features launched: points system, lucky wheel, and betting system

Based on the success of the testnet, SphereX has launched several new features aimed at increasing user engagement and providing practical rewards:

Points system: This newly introduced system allows users to accumulate points through trading and participating in platform activities. These points can be exchanged for $HERE tokens, providing rewards for active users while encouraging long-term community participation. Lucky Wheel Game: Lucky Wheel Game adds a gamified level to the platform, allowing users to win rewards in a fun and interactive way. Bet Wheel: This feature introduces strategic elements to the trading experience, allowing users to increase rewards through wise decisions.

These features have received positive feedback from the community, and SphereX promises to continuously optimize and update them based on user feedback to ensure a dynamic and rewarding experience.

Looking forward to the launch of the main network

As SphereX transitions to the mainnet, the platform will launch more advanced trading tools and broader ecosystem integration based on the success of the testnet. These improvements aim to consolidate SphereX's position as a leader in decentralized trading and provide users with a superior and user-friendly trading experience.

SphereX CEO Kai said, "We are very satisfied with the results of the testnet phase, which demonstrate our commitment to building a robust and easy-to-use trading platform. As we approach the mainnet launch, we will continue to prioritize providing value to users and actively engage with the community

Regarding SphereX

SphereX is an industry-leading decentralized exchange (DEX) designed to provide a trading platform that makes cryptocurrency trading easy to understand, secure, and user-friendly. Through decentralization, SphereX ensures that users have complete control over their assets and engage in transparent and low-cost transactions. SphereX is committed to cultivating a passionate and inclusive community that embodies the spirit of Robin Hood and provides financial investment opportunities for everyone.

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