AlphaX is a product built by Alpha Finance Lab, the 2nd product in the Alpha DeFi ecosystem after Alpha Homora. AlphaX is an innovative way to profit from crypto volatility. When taking a look at the current derivative trading concepts applied on-chain, there are 2 main concepts 1) perpetual swaps (e.g. dYdX, Perpetual Protocol, etc.) 2) leverage tokens (e.g. ETH2xFLI by IndexCoop although not exactly a derivative). AlphaX combines the pros of both concepts while learning from the cons of each to create a completely new concept - Strike Tokens. Strike Tokens is a completely new take on derivatives trading. With the Strike Tokens concept, AlphaX is designed to be very easy-to-use by any DeFi user and composable with any DeFi protocols on-chain.
