AlphaX allows you to profit from crypto volatility on any assets without having to own any token. Entering a trade simply requires you to have a view of the asset’s price movement and a price target, aka Strike Price.
AlphaX’s uniqueness comes from the concept of Strike Token which is a token that represents the Strike Price.
Users can easily buy/sell Strike Tokens on AMM without having to worry about funding rate.
More importantly, Strike Tokens work with any kind of assets that have on-chain price feed and can be used with any DeFi protocols, thus, open up the realm of hedging strategies that users can use to maximize returns or minimize risks.
AlphaX is currently undergoing revamping, hence no farming rewards are given out to Strike Token liquidity providers.