on-chain Perp DEX on Algorand chain. ALGO + other assets as collateral, yield generation on liquidity, EVM wallet supported. Powered by @ULTRADE_org technology.
on-chain
Joined April 2025
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MainNet is live!
People's Exchange is open.
Trade ALGO and BTC perpetuals 100% on-chain.
Use ALGO or USDC as collateral, or provide ALGO/USDC liquidity to either market.
Built for Algorand - Powered by @ULTRADE_org tech.
Trade now: app.ppls.exchange
🤖 Made with AI
PEX - People's exchange retweeted
4. Trading Terminal
Access up to x20 leverage while trading perpetual futures on-chain with our Trading Terminal. Traders can access advanced charting, and go Long or Short against both $ALGO or $BTC. Shout out to @pplsDEX for their help getting this stood up and supplying the backend for users to trade on!
🚨 $100,000 🚨
Ok relax, that's not our target price for algorand:native in 2027.
But it is the trading volume PEX has done in 6 weeks since mainnet launch!
Let's add one more zero to that soon!
Yes and PEX lets you trade Perps with those Post Quantum accounts.
Quantum resilient perps dex. The first in the world, in fact.
try it.
Want to trade Perps but don't got no USDC on Algorand?
Ain't got no algorand:native for gas?
Well we got you!
Buy USDC or ALGO with a credit card or Cashapp or a bunch of other options. Simple.
Samesies!
You can use multiple fiat->usdc or fiat->algo payment processors on PEX as of this morning.
New on hay.app: deposit from anywhere.
Card, Apple Pay, Google Pay, Cash App, an exchange, or another chain, all from one screen.
Powered by @unifold_io
It's a real concern.
Building on Algorand, PEX has already moved on this to create the world's first quantum-resistant Perp DEX.
xitter.cf/pplsDEX/status/2104947…
People are "glossing over" both AI risk and quantum risk, and it's going to be a lot harder to solve than most assume.
William Herkelrath, CEO of @Algorand, tells @RemyBlaireNews companies aren't going to solve this alone, they're going to need partners to help them get there.
PEX - People's exchange retweeted
18/42
@pplsDEX launches PEX, a post-quantum perps DEX!
xitter.cf/pplsDEX/status/2104947…
🚨 PEX goes Post-Quantum!
The world's first QUANTUM-RESILIENT Perps DEX.
Live now, only on Algorand.
Other chains are still writing roadmaps. We're trading.
→ app.ppls.exchange
PEX - People's exchange retweeted
@Mallow_SoftDefi just broke 80k total trading volume! The current open interest on Mallow is 68.93% of the available liquidity which is shared between Mallow and @pplsDEX 🤯🤯 I'm pretty sure that means there's demand!! Long or short $ALGO and $BTC on Algorand with $USDC 📉📈
🚨 PEX goes Post-Quantum!
The world's first QUANTUM-RESILIENT Perps DEX.
Live now, only on Algorand.
Other chains are still writing roadmaps. We're trading.
→ app.ppls.exchange
You've held ALGO through all of it.
Now put it to work.
Go long or short, straight from your wallet. Post algorand:native as collateral. Back the market as an LP.
People's Exchange is built for this community. Show up.
→ app.ppls.exchange
This is what happens!
When you build and ship and don't mess around.
If you're not yet building Perps on Algorand via PEX Protocol, what the hell are you waiting for?!
Learn more at ppls.exchange docs
And join our telegram - we're there to help! t.me/pplsDEX
PEX - People's exchange retweeted
🚨PETITION TO FRONTIER AI LABS:
Let users buy weekly-usage resets!
Proposed Terms:
Reset price: 1/8 of monthly plan cost (e.g. $25 on $200).
Normal reset time stays unchanged.
Reasonable anti-abuse limits.
Support & vote for pricing you think is fair:
67%SUPPORT: 1/8 price
0%SUPPORT: with lower price
33%SUPPORT: higher price ok
9 votes • Final resultsALGO ppl, what Perp markets other than ALGO and BTC would you want to trade on PEX?
33%Majors like ETH, SOL etc
44%Stocks like NVIDIA, AMZN
11%Algorand project tokens
11%Memecoins
18 votes • Final results👏👏👏🎉🥳🍾
Soft DeFi is officially integrated! 🤝 We're thrilled to implement @Mallow_SoftDefi and add support for @pplsDEX liquidity.
🔗 usemallow.app/soft-defi
🔗 ppls.exchange
#stats #Algorand #Algofam #DeFi
PEX - People's exchange retweeted
Some of y'all aren't understanding the Perps yield revenue flywheel: PEX generates revenue via:
1. Trading Execution Fees (Maker & Taker Spreads)
2.Liquidation Penalties
3.Margin & Borrowing Interest Spreads
Basically if we all add $USDC liquidity and use the platform=🤑🤑🤑
Build perps on Algorand. Permissionlessly.
Set your builder fees and earn from trading activity.
The PEX TypeScript SDK is now public: the first step toward a full builder toolkit for the PEX protocol.
Reference backend + frontend to follow.
SDK link and more info in thread 🧵
🤖 Made with AI
Your own trading terminal. Perps inside a wallet. A mobile trading experience built for your community.
Bring your brand and your UX to the PEX protocol.
What would you build?
SDK available here -> github.com/ultrade-org/pex-t…
Build a product traders want to use—and earn from its activity.
Set a builder fee on supported actions via the SDK.
Check out some builders who already launched their own perps experience on PEX protocol: @Mallow_SoftDefi