Sphynx
Sphynx Labs is an all-in-one solution for trading and investing. On a single platform with a consolidated wallet, Sphynx Labs offers dynamic charts, farming and staking pools, a multi-chain bridge, and much more.
SPHYNX defi App
The Sphynx Labs Mobile Application is now available to be downloaded on the Google Play Store and the Apple App Store. The app was built from the ground up to make DeFi as pleasant as possible, giving a CEX-like experience in a DEX setting. Allowing the general public to have easy access to the more technical aspects of crypto.
The app offers its users:
- Convert Fiat to crypto
- Creating/Importing a Wallet
- Easy Portfolio Management
- Includes 4 Networks by default
- Includes in-wallet Charts
- Swap/Trade your assets any time
- Supports Stop Loss/Limit Order functions
- Integrated Launchpad
- Includes in-app Farming options
- Includes in-app Staking options
- Includes in-app Multi-chain Bridge
- Includes in-app NFT Staking options
Multichain Dex
Sphynx Labs is an Automated Market Maker (AMM), and the Exchange is at the heart of Sphynx Labs. Sphynx Labs is the leading AMM on the Binance Smart Chain and, as statistics tell, the most user-friendly Decentralized Exchange (DEX) ever!
Features
Swapping/Trading
- Sphynx Labs lets users trade without the need to go through a Centralized Exchange. Instead, everything you do on Sphynx Labs is routed directly through your wallet—no need to trust someone else with your coins!
Nile Pools
- You can only swap tokens on Sphynx Labs if there is enough liquidity for those tokens. If nobody has added much liquidity for the tokens or tokens you want to swap, it will be difficult, expensive, or impossible to do so.
- Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees to ensure there's always liquidity for the Exchange to use.
Pyramid Farming
- Yield farming lets users providing liquidity earn SPHYNX rewards by locking their LP tokens into a smart contract. The incentive is to balance out the risk of impermanent loss that comes along with locking in your liquidity.
Initial Farm Offerings (IFOs)
- An Initial Farm Offering is an event that lets users buy into a limited-time offer to purchase new tokens. The IFO price is usually very generous.