Why Crypto always has an upload fee debate？why is it so difficult to restructure the cryptocurrency listing landscape?

#SuperEx #Crypto #cex

In the Crypto world where decentralization is regarded as a belief, centralized cryptocurrency exchanges (CEX) have become the main participants. However, from time to time, “rumors” about the listing fees on CEXs spread. We can’t help but have a question: Why is there always a dispute over listing fees in the Crypto world?

Firstly, we need to clarify a simple point: The essence of the dispute over listing fees: the game among capital, power, and the market. Since the rise of the cryptocurrency market, listing fees have always been an inescapable topic in the cryptocurrency industry. In CEX, project teams need to pay high listing fees to compete for the traffic and users of the exchanges, which has become an “open secret”. In this process, it not only involves the business models of exchanges but also includes the competition between the financial strength of project teams and market rules.

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“Threshold” and “Screening Mechanism”

The high listing fees of exchanges are, on the surface, an access threshold, screening out project teams with financial strength. But in actual operation, it often keeps some excellent small projects out, causing the market to miss innovation opportunities.

Industry Monopoly Caused by Centralized Power

In traditional CEX, leading exchanges have grasped the right to speak and the decision-making power on listing, forming an “centralized barrier” in the industry. Although this model can bring huge profits to exchanges, it also intensifies unfair competition in the market.

However, as the cryptocurrency industry has entered a new stage of “decentralization” and “free trading”, more and more projects and platforms have begun to challenge this pattern, attempting to reshape the listing ecosystem.

For the auction mechanism launched by Hyperliquid, it is a brand-new attempt at decentralized listing. The core of this model lies in:

· Transparency and Fairness: Project teams determine the listing rights through bidding, and the whole process is open and transparent, reducing the “gray area” of traditional listing fees.

· Market Pricing Mechanism: The value of a project’s listing is determined by market participants rather than unilaterally priced by exchanges, thus promoting a fairer competitive environment.

The auction mechanism of Hyperliquid has brought new ideas to the market, but it has not yet been able to solve the fundamental problem: How to truly achieve a listing pattern with low thresholds and high liquidity on the basis of ensuring fairness and transparency?

SuperEx Free Market: The “Game Changer” Challenging the Listing Pattern

Different from Hyperliquid, SuperEx, through its Free Market function, directly returns the “listing right” to users and project teams, attempting to break the listing barriers of traditional centralized exchanges.

Three Core Advantages of Free Market

Zero Communication Cost and Extremely Low Access Threshold

In the Free Market of SuperEx, project teams do not need to go through complicated communication and review processes. Anyone can list tokens independently, and the listing time is shortened to within one minute. This greatly reduces the listing threshold, allowing small project teams to also enjoy equal opportunities.

Revenue Sharing Mechanism, Promoting Ecological Prosperity

The Free Market has introduced a transaction fee sharing mechanism with a rate as high as 80%. Project teams can obtain continuous income through transaction fees. This model not only stimulates the enthusiasm of project teams to participate but also injects more vitality into the entire ecosystem.

Support for Repeated Listing, Breaking the Liquidity Shackles

The same cryptocurrency (with the same main chain and contract address) can be listed repeatedly in the Free Market. Only a copy of the trading pair needs to be created, and the process is simpler than listing tokens. The innovation of the trading pair copy has broken the liquidity shackles, effectively completed liquidity aggregation, and truly achieved a listing pattern with low thresholds and high liquidity.

The Free Market is a newly launched product of SuperEx and an important step in building the Web3 ecosystem. Through the Free Market, the listing power is truly handed over to users completely, profits are given to builders, allowing all users to experience the decentralized listing process, the convenience of placing orders on the order book, and the high income from profit sharing.

Regarding the Free Market:

• One-minute Listing: Just enter the token contract address on SuperEx, click “List Token”, and it only takes one minute. No communication is needed, and then you can conduct deposits, withdrawals, and transactions.
• Zero-cost Participation: No listing fees are charged, ending the era when project teams need to pay high listing fees to exchanges.
• 80% Fee Return: The creator of the trading pair can obtain a fee sharing of up to 80%, achieving a win-win situation for the community, project teams, and exchanges.
• Free Listing: There is no limit on the number of times users can list tokens. Freely list potential cryptocurrencies in advance.
• Trading Pair Copy: For the same cryptocurrency, each community can list its exclusive copy, with liquidity aggregation, being fair and just.
• Fair Trading: There is no VIP fee discount, ensuring fair trading.
• Free Choice: When buying and selling cryptocurrencies, you can choose to trade with the copy created by the Key Opinion Leader (KOL) you trust.
• Multi-dimensional Matching: For the same trading pair, orders of different copies can be matched and matched across copies to improve liquidity.
• Zero Buyer Fee.

The auction mechanism of Hyperliquid and the Free Market of SuperEx represent the cryptocurrency market’s continuous pursuit of “fairness and freedom”. From the monopoly of centralized power to the market autonomy of decentralization, the core of this change lies in:

Letting the market truly become the dominant force for projects and users, breaking the barriers to listing through technological and institutional innovation, and enabling every valuable project to be seen by the market.