BYDFi Launches MoonX, a Powerful New On-Chain Trading Engine

As centralized exchanges and On-chain Trading edge closer to integration, global crypto trading platform BYDFi has officially launched MoonX

Crypto exchange platform BYDFi has officially launched MoonX, its new on-chain trading engine, the company announced on Friday.

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What Happened: Positioned as a “ticket to the DEX world” for CEX users, MoonX is designed to simplify DeFi access and open up new possibilities for traders.

The launch marks the beginning of BYDFi’s dual-engine strategy, combining the strengths of centralized and decentralized models to create a seamless and efficient trading ecosystem.

CEXs and DEXs are converging, blurring the lines between centralized and decentralized paradigms in the crypto domain.

As meme coins, airdrops, and early-stage tokens gain momentum, on-chain markets are emerging as a high-growth arena for crypto users. However, setting up wallets, dealing with gas fees, and navigating cross-chain operations can be cumbersome for mainstream CEX users.

At the same time, CEXs are encountering limitations in integrating early-stage or long-tail assets, which are typically found and preferred by on-chain users.

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MoonX is designed to provide a lightweight entry point to Web3 trading, encompassing the security and user familiarity of CEXs with the asset diversity and potential of DeFi.

The product is designed to offer a seamless experience, allowing users to quickly copy trades, participate in airdrops, and discover new tokens with minimal effort.

For instance, if a user spots a trending meme coin on social media and wishes to copy a whale trade, they can easily do so with MoonX, eliminating the need for switching wallets, acquiring gas, copying contract addresses, and navigating multiple DEX interfaces.

Instead, they can simply use their BYDFi account and perform a single tap to execute the trade, thanks to MoonX’s integration with BYDFi.

This delivers a Web2-level user experience tailored for a Web3 world, offering seamless access to over 500,000 meme coins, built-in trading intelligence, and a security-first on-chain infrastructure.

Why It's Important: MoonX is more than a product update; it's the start of BYDFi’s CEX + DEX dual-engine architecture, where users can manage centralized and on-chain assets within one unified account framework.

This architecture combines liquidity, strategy tools, and advanced security to create a unique trading hub, going beyond trend-chasing and laying the foundation for trading early-stage, long-tail assets with optimized on-chain efficiency.

"MoonX isn't just a new feature—it could shape a new standard: a scalable Web3 onboarding system that starts with a CEX front-end and runs on a DEX backend, designed for frictionless asset flow," said Michael, Co-Founder of BYDFi.

"It merges the best of both worlds—CEX performance and DEX freedom—so that anyone can participate in smart on-chain trading. Web3 shouldn't be exclusive to experts. It should be a finance layer open to all."

Founded in 2020, BYDFi serves over 1,000,000 users across 190+ countries with its products, which include spot, derivatives, copy trading, and now on-chain trading via MoonX.

In 2023, BYDFi was recognized by Forbes as one of the Top 10 Global Crypto Exchanges, and in 2025, it partnered with Ledger to launch a co-branded hardware wallet, further demonstrating its commitment to user self-custody and asset security.

"At BYDFi, we're constantly innovating to provide a world-class crypto trading experience for our users," added Michael.

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"We believe that users should have the freedom to choose the trading products and services that best suit their needs. Our dual-engine architecture is a natural evolution of our product strategy, and we're excited to see what the future holds."