Odaily Planet Daily News: The decentralized exchange Crypto Valley Exchange (CVEX), focused on cryptocurrency futures and options trading, announced plans to launch on January 8. CVEX's mainnet will be deployed on Arbitrum Stylus, a fast and cost-effective Ethereum layer 2 blockchain version that uses WebAssembly compatible languages. Users will be able to avoid the high funding rates typically associated with perpetual contracts on other platforms, as this exchange promises transaction fees '16 times lower' than existing centralized exchanges (market makers only charge a fee of 0.002%, while takers only pay a fee of 0.003%). (Coindesk)