PopDEX Opens to All Traders With a Growing Onchain Prize…
By chainwire
AI summary of the source article
Perpetual decentralized exchange PopDEX has launched its Open Beta, opening the platform to all users without invite codes. The launch introduces MegaPop, an onchain weekly reward mechanism initially seeded with $150,000 USDT.
Why it matters
PopDEX stated the purpose of the program is "not to promise trading profits, but to recognize genuine market participation and reduce the gap between the value users create and the value they receive."
Key facts
- PopDEX launched its Open Beta following a Closed Beta that processed over $4.5 billion in cumulative trading volume with roughly $70 million in LP pool capital.
- The platform introduced MegaPop, a weekly stablecoin reward system funded by 40% of net trading fees and verified via public Bitcoin block data.
- PopDEX seeded the MegaPop prize pool with $150,000 USDT and plans to add $100,000 USDT once 300,000 cumulative tickets are reached.
Source excerpt · FinanceFeeds
Singapore, NA, October 19th, 2026, Chainwire PopDEX , a trader-first perpetual decentralized exchange, today announced the launch of its Open Beta alongside MegaPop, a weekly, on-chain-verifiable trading contribution and reward mechanism designed to return value to real traders and contributors. Open Beta removes the invite-code requirement and opens PopDEX to all users. The launch follows a Close…