BYDFi Launches MoonX: Bridging CEX and DEX for Seamless On-Chain DeFi Trading
BYDFi, an established global crypto trading platform, has launched MoonX, an on-chain trading engine designed to bridge centralized exchanges (CEX) and decentralized exchanges (DEX). MoonX enables users to access over 500,000 meme coins and early-stage tokens from DeFi markets, eliminating the need for wallet setup, gas fees, or manual chain switching. The platform aggregates liquidity from major DEXs, including Pump.fun, Raydium, and PancakeSwap, and currently supports transactions on Solana and BNB Chain, with expansion to more blockchains planned. Key features of MoonX include one-click trading, smart order routing for efficient executions, copy trading capabilities, institutional-grade security (MPC+TEE via Safeheron), and real-time contract risk scanning by GoPlus. BYDFi adopts a dual-engine strategy, allowing unified management of both CEX and on-chain assets within a single account. This launch comes as part of BYDFi’s push to integrate the strengths of both CEX (liquidity, user experience, security) and DEX (asset variety, permissionless trading) to attract a broader Web3 user base. The enhancement reinforces BYDFi’s market standing, highlighted by Forbes recognition as a Top 10 Global Crypto Exchange and recent strategic partnerships such as co-branded Ledger hardware wallets.
Bullish
The launch of MoonX by BYDFi significantly lowers entry barriers to DeFi markets by enabling streamlined access to on-chain assets without traditional complexities such as setting up wallets, managing gas fees, or chain-hopping. By aggregating liquidity from major DEXs and securing institutional-grade protection, BYDFi positions itself at the forefront of CEX-DEX integration. This increased convenience and asset diversity is likely to attract both novice and experienced traders, potentially boosting user inflows, trading volumes, and market liquidity on supported assets. The positive recognition by major publications and strategic partnerships further bolsters trader confidence, making the news bullish for BYDFi and the related on-chain ecosystem, especially for projects on Solana and BNB Chain.