The exchange said the limited-time program covers TradFi perpetual futures, crypto spot and crypto futures, while a new Auto Earn feature offers up to 5% APY on USDT.
AlphaX said it has rolled out a limited-time Zero-Fee Trading Initiative globally, removing transaction fees for market makers and takers in eligible regions across TradFi perpetual futures (rolling derivatives with no expiry), crypto spot and crypto futures markets. The exchange said TradFi contracts are offered as USDT-margined perpetual futures, giving users exposure to global assets while keeping trading collateral in USDT. Alongside the launch, AlphaX introduced Auto Earn, a yield feature that it said offers up to 5% APY on USDT without separate transfers or lock-up periods, with interest continuing to accrue even when funds are tied to pending limit orders or used as futures margin. To support the rollout, the company also announced a $20,000 Daily Trading Competition in which users who generate at least 1 USDT in daily trading profit are automatically entered into a daily leaderboard to share a 20,000 USDT prize pool. AlphaX said its platform uses a dual-core architecture intended to combine centralized-exchange speed with decentralized infrastructure security, and that users can sign up with only an email address, without KYC (identity verification) requirements or seed phrases, and begin trading in as little as 10 seconds.