PDAX Prime now has 122 tokens available through the OTC Trading Desk

With 43 new tokens listed on the PDAX Prime OTC trading desk, options for PDAX Prime clients are now better than ever. 

PDAX Prime is PDAX’s highest account tier that allows users to have no explicit transaction limits, personalized assistance, access to the OTC trading desk, and the exclusive PDAX Prime group chat. 

Prime clients can now trade up to 122 cryptocurrencies including the new 43 tokens:

1. ACH (Alchemy Pay)

ACH is the utility token for Alchemy Pay, a payment solutions provider that bridges the gap between crypto and fiat, enabling seamless transactions across both.

2. ARB (Arbitrum)

ARB is the native governance token of the Arbitrum network, a layer 2 scaling solution for Ethereum that aims to improve transaction speed and reduce costs while maintaining security through optimistic rollups.

3. ASTR (Astar)

ASTR is the utility token for Astar Network, a multi-chain decentralized application hub that supports building dApps with EVM and WASM smart contracts.

4. BAL (Balancer)

BAL is the governance token for Balancer, a decentralized automated market maker (AMM) protocol on Ethereum that allows for flexible and programmable liquidity pools.

5. BAND (Band Protocol)

Band Protocol (BAND) is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Initially launched on Ethereum and later transitioned to the Cosmos network, Band Protocol aims to provide reliable, verifiable data to various blockchain applications, enhancing their functionality and trustworthiness. The BAND token is used for staking, governance, and paying for data requests within the network.

6. BLUR (Blur)

BLUR is the governance token of Blur, an NFT marketplace and aggregator that offers advanced trading tools, liquidity rewards, and real-time data for NFT enthusiasts and traders.

7. BOME (Book of Meme)

Book of Meme (BOME) is a meme coin that aims to encapsulate the evolving meme culture within a digital compendium, utilizing decentralized storage solutions like Arweave and IPFS for immutability. The token is part of an experimental project to integrate memes, decentralized storage, and trading into the blockchain space, and fostering a unique dimension of decentralized social media.

8. BONK (Bonk Inu)

BONK is a meme coin on the Solana blockchain that aims to provide a fun and engaging way for users to interact within the Solana ecosystem.

9. CAKE (Pancakeswap)

PancakeSwap (CAKE) is a decentralized exchange (DEX) built on Binance Smart Chain that allows users to trade BEP20 tokens. It operates using an automated market maker (AMM) model where users trade against liquidity pools. CAKE is the native token of the platform and is used for staking, yield farming, participating in IFOs, and governance.

10. CVX (Convex Finance)

Convex Finance (CVX) is a DeFi protocol built on the Ethereum blockchain that enhances the staking and liquidity provision functionalities of Curve Finance. It allows Curve liquidity providers to earn boosted rewards without locking their CRV tokens, while also providing CVX stakers with a share of the boosted rewards and trading fees. The CVX token is used for governance and to incentivize participation within the Convex Finance ecosystem.

11. ENA (Ethena)

Ethena (ENA) is the native utility token of the Ethena protocol, which aims to create a synthetic dollar (USDe) built on Ethereum. The protocol provides a crypto-native solution for stable money without relying on traditional banking systems. ENA tokens are used for governance, staking rewards, and incentivizing liquidity provision within the Ethena ecosystem.

12. FET (Artificial Superintelligence Alliance)

FET is a cryptocurrency project that utilizes artificial intelligence and machine learning to create a decentralized digital economy. It focuses on building an intelligent infrastructure that enables autonomous agents to perform various tasks, such as supply chain management and financial services, on its network​.

13. FLOKI (Floki Inu)

FLOKI is a meme-based cryptocurrency named after Elon Musk's dog. It aims to combine the power of memes with real utility, including an NFT marketplace and a suite of DeFi products.

14. FXS (Frax Share)

FXS is the governance and utility token for the Frax protocol, an issuer of decentralized stablecoins that is supported by Frax's decentralized exchange, lending markets, and algorithmic market operations smart contracts.

15. GMX (GMX)

GMX is the governance and utility token for GMX, a decentralized spot and perpetual exchange platform built on Arbitrum that offers low swap fees and zero-price impact trades.

16. GOG (Guild of Guardians)

GOG is the governance and utility token for Guild of Guardians, a mobile RPG where players can turn their gaming passion into NFTs and earn rewards.

17. GYEN (GYEN)

GYEN is a stablecoin pegged to the Japanese Yen, designed to provide a digital representation of the JPY for stable and secure transactions on the blockchain.

18. HNT (Helium)

Helium (HNT) is the native cryptocurrency of the Helium Network, a decentralized blockchain-powered platform designed for Internet of Things (IoT) devices. The network uses "Hotspots" to create wireless coverage, rewarding participants with HNT tokens for providing and validating network coverage. HNT operates on a burn-and-mint equilibrium model, where tokens are burned to generate Data Credits used for network transactions, ensuring a balanced and scalable token.

19. ILV (Illuvium)

Illuvium (ILV) is a decentralized gaming ecosystem built on the Ethereum blockchain, leveraging blockchain technology and NFTs to create an immersive gaming experience. Players can battle, collect, and trade unique NFT creatures known as Illuvials within the Illuvium world. The ILV token serves multiple purposes, including governance, rewards, and providing liquidity within the ecosystem.

20. INJ (Injective Protocol)

INJ is powering the Injective Protocol, a decentralized exchange (DEX) and finance platform built on the Cosmos blockchain. INJ is used for governance, staking, and paying transaction fees within the ecosystem. The protocol is known for enabling fast, cross-chain trading of derivatives, futures, and other financial products without relying on intermediaries, offering a highly scalable and decentralized trading experience​.

21. IO (IO.net)

IO.net is a decentralized cloud computing platform that leverages underutilized GPU resources globally to provide scalable and efficient computing power for AI and machine learning applications. It aims to offer a cost-effective and faster alternative to traditional cloud providers by utilizing distributed clusters. The IO token is used for transactions within the ecosystem, incentivizing participants, and facilitating governance.

22. JTO (Jito)

JTO is the governance token of the Jito on the Solana blockchain, enabling holders to participate in decision-making processes like fee management and treasury oversight for the protocol. Jito focuses on enhancing the Solana ecosystem through tools for liquid staking and Maximal Extractable Value (MEV) extraction​

23. JUP (Jupiter)

Jupiter (JUP) is a cryptocurrency operating on the Solana blockchain as a decentralized exchange (DEX) aggregator. It aims to improve liquidity and swap rates by consolidating various token pools, thereby providing optimal user experiences for decentralized finance (DeFi) activities. The JUP token serves as a governance token, allowing holders to influence the protocol's decisions, including liquidity and emission strategies​.

24. KSM (Kusama)

KSM is the native token of Kusama, a scalable multi-chain network designed as a testbed for experimentation with features before they are deployed on the Polkadot network.

25. MAGIC (TreasureDAO)

MAGIC is the governance and utility token for the Treasure ecosystem, a decentralized gaming infrastructure on the Arbitrum network that connects different virtual worlds through interoperable assets.

26. MEME (Meme)

Memecoin (MEME) is a token designed to capture the value of the growing meme culture and community within the cryptocurrency space. It is used within the Memeland ecosystem, leveraging the popularity of memes to engage users and drive the adoption of decentralized applications and services​.

27. MOG (Mog)

Mog Coin (MOG) merges humor with blockchain innovation, creating a unique niche in the digital landscape. It transcends traditional meme coins by fostering a community-driven platform focused on the creation and appreciation of memes, equipping it with an authentic appeal and collective spirit. Launched in the summer of 2023, Mog Coin quickly evolved into a cultural phenomenon​.

28. MEW (Cat in a Dog's World)

Cat in a Dog's World (MEW) is a meme coin on the Solana blockchain. MEW aims to outcompete dog-themed coins by providing a humorous and community-driven approach to cryptocurrency. The project leverages its strong community to drive engagement and adoption.

29. ONDO (Ondo)

Ondo Finance (ONDO) is a decentralized finance (DeFi) platform that bridges traditional finance (TradFi) and blockchain technology by tokenizing real-world assets (RWA) such as U.S. Treasuries. It aims to provide institutional-grade financial products and services through its decentralized autonomous organization (DAO), enabling users to engage in cash management and investment strategies using blockchain-based solutions​.

30. PENDLE (Pendle)

Pendle is a decentralized finance (DeFi) protocol that allows users to tokenize and trade future yields of yield-bearing assets. It splits assets into Principal Tokens (PT) and Yield Tokens (YT), offering fixed-income market strategies. The PENDLE token is used for governance, liquidity incentives, and various ecosystem activities.

31. POPCAT (Popcat)

Popcat (POPCAT) is a meme coin on the Solana blockchain, inspired by the viral Popcat meme.

32. PRIME (Echleon Prime)

Echelon Prime (PRIME) is the native token of the Echelon Prime Foundation, designed to advance Web3 gaming. It serves multiple roles within its ecosystem, such as tokenization, facilitating multi-signature transactions, and being used in governance proposals. The first game to adopt PRIME is Parallel, a sci-fi trading card game, which showcases the token's utility within gaming models​.

33. PYTH (Pyth Network)

PYTH is the utility token for Pyth Network, a decentralized financial market data distribution network that aims to provide high-fidelity, real-time market data.

34. RAY (Raydium)

RAY is the utility token for Raydium, an automated market maker (AMM) and liquidity provider built on the Solana blockchain, offering fast and low-cost decentralized trading in the Solana network.

35. RPL (Rocket Pool)

RPL is the utility and governance token for Rocket Pool, a decentralized Ethereum staking protocol that allows users to stake ETH and earn rewards without needing to run a full node.

36. TIA (Celestia)

TIA is the governance token of Celestia, the first modular blockchain that makes it easier for people to launch blockchains using their network.

37. TNSR (Tensor)

TNSR is the governance token for Tensor, a top NFT marketplace on the Solana blockchain.The platform is known for its high-speed, low-cost transactions, advanced trading features, and deep liquidity in the NFT market.

38. W (Wormhole)

Wormhole (W) is a cross-chain interoperability platform designed to facilitate seamless transfers and communication across various blockchain networks. The W token, used for governance and transaction purposes, supports multichain applications, DeFi, NFTs, and more.

39. WIF (Dogwifhat)

WIF is a memecoin on Solana that is represented by a picture of a dog with a hat.

40. WLD (Worldcoin)

WLD is a cryptocurrency project aiming to create a new global digital currency that is universally accessible and fairly distributed through innovative proof-of-personhood verification.

41. WOO (Woo)

WOO Network (WOO) is a deep liquidity network that connects centralized exchanges (CeFi) and decentralized finance (DeFi) platforms. The WOO token is used within the network to enhance trading experiences by providing staking rewards, fee discounts, and other benefits across its suite of products, including WOO X and WOOFi. The network aims to democratize access to high-quality liquidity and trading execution at low or no cost, benefiting traders, exchanges, and liquidity providers alike.

42. XAUT (Tether Gold)

Tether Gold (XAUT) is a stablecoin that represents ownership of physical gold. Each XAUT token corresponds to one fine troy ounce of gold on a London Good Delivery gold bar stored in a Swiss vault. This token allows users to own gold while avoiding the typical storage and accessibility issues associated with physical gold. XAUT tokens are divisible and can be traded 24/7​.

43. XSGD (XSGD)

XSGD is a Singapore Dollar-backed stablecoin issued by Xfers, designed to provide a secure and transparent digital representation of the SGD for fast and cost-effective transactions.

The 43 new tokens are available with a minimum transaction amount of PHP 250,000  through the PDAX Prime OTC  Trading Desk. For more information and to see the list of all 122 available tokens, check out this link: https://prime.pdax.ph/treasury-otc-features/.

Upgrade your PDAX account to Prime today. Email the team at prime@pdax.ph.

DISCLAIMER: PDAX would like to reaffirm that the statements in this article do not constitute financial advice. PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems.  Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis.  

External links are provided for convenience and for informational purposes. They are not statements of PDAX and PDAX bears no responsibility for the accuracy, legality or content of said links.

For inquiries or complaints, please contact us through the following channels: Chatbot: https://pdax.ph or https://web.pdax.ph/ (click webchat feature); ‘Customer Support’ webpage at https://support.pdax.ph; Email: support@pdax.ph. Please provide us your name, email address, and any other information that we may need to identify you, your PDAX Account, and the particulars of the Order and/or Transaction on which you have feedback, questions, or complaints. If you already have a registered PDAX account, please provide us your registered name and use your registered email address.

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