Horizon $HZN

HorizonDEX is an exceptional decentralized exchange (DEX) on the Linea blockchain. The platform has attracted significant attention in the crypto community, boasting a total value locked (TVL) of over 2.29 million and a cumulative trading volume surpassing 20 million USD. HorizonDEX stands out in the digital asset marketplace due to its concentration of liquidity pools, designed to optimize annual percentage rates (APR) and capital efficiency for liquidity providers. This results in highly favorable rates for traders.

About HorizonDEX

HorizonDEX, formerly known as beatX, rebranded itself and migrated from PulseChain to Linea due to the limitations it encountered on the former. In the initial stages of its development in 2023, the HorizonDEX team conducted in-depth research on existing DEX models, particularly Uniswap-V2, with the goal of addressing major challenges such as low price impact, impermanent loss, and lack of capital efficiency. This led to the adoption of Linea as the foundation for their project.

Phases of Development

Dedicated to product development and community engagement, HorizonDEX introduced an incentivized testnet campaign during its second phase. This move successfully attracted a large and enthusiastic user base, fostering valuable partnerships with Linea and other high-potential ecosystem projects, thereby promoting mutual growth.

Security and Safety

In the third phase, the project focused on ensuring a secure mainnet environment by undergoing three independent security audits. The mainnet launch, which coincided with Linea's mainnet launch, saw $15 million in trading volume within the first week alone.

Future Milestones

The HorizonDEX team aims to achieve various key milestones in the future, including launching DEX on the base chain, integrating bridges, implementing post-launch development and support, introducing additional swapping features, building more ecosystem partnerships, and rolling out new products.

$HZN Token

The $HZN token is at the heart of HorizonDEX's ecosystem and has three main use cases: utility, governance, and incentives. Holders of $HZN can participate in protocol upgrades by voting through the HorizonDEX Governance Model. Additionally, $HZN tokens can be staked within the protocol, enabling users to earn staking rewards and fees.