# D8X exchange - institutional-grade DEX for derivatives **Published by:** [nanobro](https://paragraph.com/@nanobro/) **Published on:** 2023-08-10 **URL:** https://paragraph.com/@nanobro/d8x-exchange-institutional-grade-dex-for-derivatives ## Content ✅ Secured pre-seed funding of $1.5 million ✅ If you encounter anything during testing, please provide feedback in Discord.Preparation steps:zkEVM testnet:Receive test ETH from Polygon's official faucet or Quicknode's faucet.Then, obtain test tokens:Mint mockUSD by swapping 0.00015 zkEVM ETH for mockUSD.Mint pragMATIC by swapping 0.00015 zkEVM ETH for pragMATIC.For Polygon POS, follow the same procedure:Use Polygon's official faucet. 1.Mint pragMATIC by swapping 0.00015 testMATIC for a substantial amount of pragMATIC.Mint mockUSD by swapping 0.00015 testMATIC for a substantial amount of mockUSD.Continue with the process as before.Start using the D8x protocol:Click on "Long" and "Short" to initiate positions (do not exhaust usdc, as it's needed for other testing purposes). Long Short Close Position Try out various actions here: https://app.testnet.d8x.exchange/#BTC-USDC-USDCNext, deposit and withdraw from the vault: https://app.testnet.d8x.exchange/vaultDon't forget to test both Polygon zkEVM and POS.By now, you've successfully joined as instructed. If you encounter any bugs or areas for improvement, please inform us in the Discord channel to earn extra points. ✅ If you encounter anything during testing, please provide feedback in Discord.This is a promising DEX that allows you to open positions along with stop loss and take profit in a single transaction.Enjoy this? follow for more at @gadgeteerth @0x_nanobro ## Publication Information - [nanobro](https://paragraph.com/@nanobro/): Publication homepage - [All Posts](https://paragraph.com/@nanobro/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@nanobro): Subscribe to updates - [Twitter](https://twitter.com/0x_nanobro): Follow on Twitter