Odaily News Crypto Valley Exchange (CVEX), a decentralized exchange focused on cryptocurrency futures and options trading, said it plans to go live on January 8. CVEX's mainnet will be launched on Arbitrum Stylus, a fast and cheap version of the Ethereum overlay blockchain that uses the WebAssembly compatible language. Users will be able to avoid the high funding rates that usually come with perpetual contracts on other platforms, and the exchange promises trading rates that are "16 times lower" than existing centralized exchanges (market makers only charge 0.002% and takers only charge 0.003%). (Coindesk)