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Lynx Review: What to Know Before Trading

Lynx is a decentralized perpetuals exchange that advertises cross-chain, gasless trading with any token as collateral. Its fees, trading mechanics and security record are too unclear to assess before you connect funds.

By the SkyBitcoins review team · Updated

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At a glance

Lynx key facts

Lynx key facts
TypeDecentralized perpetuals exchange
TradingHigh leverage; any-token collateral advertised
Chains18 chains listed
TokenNone listed
Value locked$157K−3.1% 7d
Updated

Lynx FAQs

What is Lynx Perpetuals?

Lynx is a decentralized exchange for perpetual futures. It advertises high-leverage trading using any token as collateral, with trading across multiple blockchains.

What fees does Lynx charge?

Lynx does not publish its trading fees in the information available about the product. Check the trading interface for fees and any other costs before you open a position.

Is Lynx audited or safe to use?

No audits are listed for Lynx. Its custody details and security track record are also unclear, so do not assume funds or smart contracts have been independently reviewed.

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How we checked

Sources

  1. defillama.com/protocol/lynx(opens in a new tab)

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