UXUY is a decentralized trading platform that utilizes Multi-Party Computation (MPC) technology to enhance security and ensure self-custody of user funds. It addresses the need for a secure, multi-chain trading experience by allowing users to trade various assets directly through a self-custody wallet on Telegram without relying on third-party permissions.
Funding
$10.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Users of decentralized applications (dApps) often need to navigate complex multi-chain environments to trade various digital assets, which can be cumbersome and require managing multiple wallets. Existing solutions often lack the security of self-custody, forcing users to trust third-party platforms with their funds.
Solution
UXUY provides a decentralized trading platform that simplifies multi-chain trading through a self-custody wallet integrated directly into Telegram. By leveraging Multi-Party Computation (MPC) technology, UXUY enhances security by eliminating single points of failure and ensuring users retain complete control over their assets. The platform allows users to seamlessly trade assets across different blockchain networks without relying on third-party permissions, offering a secure and user-friendly trading experience within a familiar messaging environment. UXUY also features an innovative gas pool, removing the need for users to manage gas fees.
Target Audience
The primary target audience includes cryptocurrency traders and users of decentralized applications who seek a secure, user-friendly, and multi-chain trading experience directly within the Telegram messaging platform.
Features
- Multi-chain support enabling trading across various blockchain networks from a single interface
- Self-custody wallet utilizing MPC technology for enhanced security and eliminating single points of risk
- Direct integration with Telegram for convenient access and trading within the messaging app
- Innovative gas pool feature that removes the need for users to manage gas fees
- LaunchPad for small investments with potentially high returns
- LaunchPool for staking and risk-free mining
- Referral program allowing users to earn rewards by inviting friends
- Task completion rewards for user engagement