Introduction To Beast’s Innovative Product Features 1

BEAST BTC-DEX
3 min readJun 26, 2024

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As the world’s first innovative BTC L2 DEX, Beast provides a series of innovative product features for global asset traders in terms of decentralization, convenient operation and liquidity, and is committed to providing users with richer trading options and more efficient trading experience.

Beast’s Innovative Product Features-Beast Trading Engine

Beast innovatively uses the Bitcoin layer2 protocol to create the BST-Trade trading engine similar to traditional full-license capital market service providers. With its excellent trading engine as the core, BST-Trade provides users with a highly liquid, feature-rich and easy-to-use Web3.0 cryptocurrency trading platform. The BST-Trade trading engine is the cornerstone of the platform, providing traders with a fast, secure and stable trading environment, thereby achieving the efficiency and innovation of leveraged trading. BST-Trade’s uniquely designed synthetic architecture makes BST-Trade more capital efficient than other trading engines, reduces transaction fees, and can connect to a wide range of trading pairs to provide higher leverage.

Beast Innovative Product Features — Web3.0 Digital Identity

Beast makes full use of Web3.0 blockchain digital identity technology to provide users with a secure and decentralized authentication method. Users can have a self-controlled digital identity. Choose when and how to share identity information at any time, thereby enhancing privacy protection and the security of personal asset data.

Beast Innovative Product Features — Web3.0 Digital Asset Library

Beast serves as a supplementary bridge for the expansion of liquidity from Web2.0 to Web3.0, combining BST — Trade trading engine + BRC standard protocol to create a Web3.0 digital asset library. The asset shares in the Web3.0 digital asset library represent the underlying assets. The Web3.0 digital asset library acts as a supplement to the surplus positions of all transactions on the platform: when traders make a profit (positive PnL), their reward settlement will be executed by the Web3.0 digital asset library. When traders lose money (negative PnL), their loss settlement will be executed by the Web3.0 digital asset library.

Beast’s Innovative Product Features — 0n-chain Copy Trading

Beast has created an original on-chain copy trading section. On-chain copy trading does not require permission. Anyone can become a copy trader and copy other people’s trading strategies. Beast creates a communication community and links wallet addresses with social accounts such as Twitter to highlight the investment logic and industry insights of the copy trader. At the same time, it integrates the platform’s transaction data, lists the performance rankings of traders, and then makes the best copy trading match based on the depth of liquidity.

The Four Important Significances Of Beast’s Creation

1. The world’s first truly decentralized options DEX in the BTC L2 ecosystem.

2. Assets are on the chain, and the capital chain is completely transparent.

3. Allow users to interact with the Web3 world more conveniently.

4. Eliminate middlemen through smart contracts to reduce financial transaction costs and frictions.

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BEAST BTC-DEX

Beast: Bitcoin L2's first DEX, boosting trade safety and transparency. Official website: https://beast.trade/