What is TLX?

Symbol: TLX · Market cap rank: #2932

Short answer

TLX (TLX) is a cryptocurrency currently ranked #2932 by market capitalisation.

Source: isthiscoinascam.com

Overview

TLX is a permissionless and non-custodial platform for leveraged tokens, operating on the Optimism network. It allows users to mint and redeem leveraged tokens for a variety of over 50 assets with a leverage capability of up to 20 times.

The leveraged tokens are supported by Synthetix perpetual futures contracts. This creates an infrastructure focused on facilitating leveraged trading without reliance on centralized custodians.

Scam-risk analysis

TLX has a low score, indicating elevated scam risk based on the available data. Is TLX a scam?

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