> For the complete documentation index, see [llms.txt](https://marginx.gitbook.io/marginx/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://marginx.gitbook.io/marginx/contents/what-is-f-x-dex.md).

# What is MarginX?

MarginX is the world’s first community-based decentralized exchange (DEX) built on the Function X network, and running via a multi-chain and on-chain infrastructure. We aim to bridge the traditional financial markets and cryptocurrency world by providing a platform where investors can buy, sell and create derivative products of any financial asset, and where every stakeholder has a say in the future of the platform.

MarginX is the first DEX to be launched on the Function X blockchain. We are built with the Cosmos SDK as a subnet of f(x)Core, and run on a proof-of-stake mechanism. $FX and USDT will be used for gas fees.