Imagine a trading platform where anyone—not just seasoned professionals—can become a market maker, earn passive income, and tap into the explosive growth of the cryptocurrency market. That’s the power of CoinEx’s Automated Market Making (AMM) system, a cutting-edge protocol seamlessly combining liquidity pools with traditional order books.

From enabling users to earn additional income by providing liquidity to supporting over 1,200 trading pairs, CoinEx AMM is changing the game. The recent rise of THENA, a token surging by 1,200% in just 48 hours, highlights the growing opportunities within this ecosystem. This native liquidity layer on the BNB Chain is attracting massive attention as it reshapes decentralized finance (DeFi) with innovative tools and lucrative returns.

But what is AMM, how does CoinEx AMM work, and how can you take advantage of its ultra-high annual percentage yields (APYs) to earn passively? Read on to learn more!

What is AMM

Automated Market Making (AMM) is a protocol that automatically calculates buying and selling prices according to a formula to provide a continuous quotation for the market. In terms of trading mechanism, CoinEx combines AMM with the order book, and the system automatically converts the liquidity pool into an order book.

CoinEx AMM allows every user to become a market maker. By adding liquidity to the liquidity pool, users can share the trading fee income earned by CoinEx.

CoinEx supports the AMM function for over a thousand cryptocurrency marketplaces, each with its own funding pool. You can provide liquidity for the market by injecting funds and acting as a market maker. Joining AMM allows you to benefit from the additional trading fee income distributed by CoinEx, thereby earning passively.

THE/USDT trading pair is among the numerous pairs available on CoinEx’s AMM platform, where you can earn passive income, with its APY determined by trading volume and demand.

THE/USDT Trading Pair on CoinEx AMM Market

The THENA token is among the trending tokens in the crypto market, and it’s generating a high APY of CoinEx AMM, which is what every investor wants from the AMM market.

From the picture above, you will see the APY growth for the past 1 and 7 days of the THENA token; you can see this here.

By joining THE/USDT liquidity pool, users earn rewards aligned with the pair’s APY, which CoinEx displays transparently, as seen in the picture above. Higher trading volume or demand can increase the APY, providing an attractive return for investors. You can join the liquidity pool here and start earning.

THE/USDT Trading Pair on CoinEx AMM Market

All you need to do to add liquidity to the liquidity pool of the/USDT trading pair after signing up on CoinEx is click on the Add button under “My Liquidity”, and then you can start earning your APY with the THENA token.

THENA Background and History

THENA（THE） is the native liquidity layer and AMM on the BNB Chain. THENA is a decentralized platform that aims to be a “SuperApp” for DeFi users. It serves as both a trading hub and a modular liquidity layer for the BNB Chain and opBNB, providing tools and services to various users.

THENA’s primary purpose is to offer users a centralized exchange (CEX)-like experience while adhering to the decentralized principles of blockchain technology.

The THENA ecosystem runs on a tokenomics model based on $THE, veTHE, and theNFT. These tokens serve unique functions on the network, giving utility and governance alternatives for participants.

*This article does not constitute investment advice.

Unlock Passive Income with CoinEx AMM: Your Gateway to High-APY Opportunities