5BX is a decentralised perpetual exchange that allows users to trade leveraged positions with low fees and zero price impact, whilst having the peace of mind that all trades and collateral are stored transparently on-chain. Whilst we understand that Perpetuals are indeed a major form of innovation in the space, we also recognise that many of such perpetual contracts are being traded on centralised exchanges, many of which may not be transparent with usage of funds. The team is a strong believer of decentralisation and transparency and with the vision of bringing perpetuals on-chain, 5BX was born.