UltraEx
UltraEx is a custodial crypto exchange with 0% spot trading fees. What funds the platform is not a fee on traders — it is token listing.
This revenue model is called LISTEX: projects pay a one-time fee to list their token and open a market, and anyone can become an agent to bring listings and earn commission on them. Three products sit on top of this base:
Quickstart
There are three paths on UltraEx depending on what you want to do. You can follow more than one.
Trade
- 1Create an accountSign up with email and password or connect a Web3 wallet (sign-in by signature). Enable 2FA to protect withdrawals.
- 2Deposit cryptoGenerate a deposit address in your wallet and send USDT (or another asset) on-chain. Your balance is credited after the network confirmations.
- 3Open the trading terminalPick a pair (e.g. BTC/USDT), place limit or market orders and watch the live book. No maker or taker fee.
List a token
In “List token”, pick a plan (Starter or Pro), provide the token details and pay the one-time fee in stablecoin. After review, the market is created. See How listing works.
Earn as an agent
Become an agent for a one-time $10 fee, get your referral link and earn commission whenever a project you brought lists. See Earn with listings.
Architecture
UltraEx is a custodial exchange: it holds users' funds and keeps balances in an internal double-entry ledger. Every financial operation — deposit, order, trade, withdrawal, commission — is a balanced accounting entry.
- Double-entry ledger. Every operation produces an entry where debits equal credits per asset (zero-sum invariant). A daily reconciliation checks that custody and liabilities match.
- Isolated matching engine. The order book is resolved by a dedicated, deterministic service (exchange-core, over gRPC) — the source of truth for order matching.
- HD custody + isolated signer. Deposit addresses derive from a hierarchical-deterministic wallet. Signing keys live in an isolated service (mTLS + KMS), never in the API process.
- Events + workflows. Deposits and withdrawals are orchestrated by durable workflows; trade events flow through a bus and feed analytics.
Spot trading
Trading is spot, against a real order book, with a 0% fee for both maker and taker. Platform revenue comes from listing, not from trading.
Order types
- Limit — rests on the book at a set price until it matches or is cancelled. Time-in-force variants: GTC, IOC and FOK.
- Market — executes immediately against the best offers, with slippage protection.
- Post-only — rejects the order if it would match on entry, guaranteeing you enter as a maker.
Book rules
- Price-time priority. Best price first; at the same price, first-in-first-out.
- Self-trade prevention (STP). Your order never matches another open order of yours.
- Minimum notional and price band. Orders that are too small or fall outside a band around the reference price are rejected.
- Settlement at the maker price. The trade executes at the resting order’s price; any price difference locked in excess is refunded to the buyer.
When you place an order, the matching funds are locked in the ledger atomically. If the engine rejects it, the lock is released immediately. On execution, settlement credits each side and unlocks the remainder.
Custody & wallets
Each user gets a unique deposit address per blockchain, derived deterministically from the exchange's HD wallet. The same address never belongs to two users (fail-closed invariant).
- Operational hot wallet. Keeps a small float for daily withdrawals; the surplus is swept to cold custody (roadmap: a Safe multisig treasury).
- Isolated signer. Private keys live in a separate service, reachable only over mTLS and protected by KMS. Every signature requires an approval proof issued by the withdrawal workflow.
- Balances in the ledger. Your balance is the sum of entries in the AVAILABLE and LOCKED (open-order) accounts. Negative balances are impossible.
Deposits & withdrawals
Deposit
- 1Get your addressIn the wallet, pick a network and copy the deposit address derived for you.
- 2Send on-chainTransfer the asset to that address from your external wallet.
- 3Wait for confirmationsA watcher detects the transaction and counts the confirmations required by the network; once reached, the balance is credited.
Supported networks
| Network | Chain ID | Type | Confirmations |
|---|---|---|---|
| BNB Smart Chain (BSC) | 56 | EVM | 20 |
| Ethereum | 1 | EVM | 12 |
| Base | 8453 | EVM | 12 |
| Arbitrum One | 42161 | EVM | 12 |
| Polygon PoS | 137 | EVM | 12 |
| Solana | — | Solana | 32 |
Withdrawal
You provide network, asset, destination address and amount. The funds are reserved in the ledger and the withdrawal enters a workflow: risk check, possible manual review, signing by the isolated signer, on-chain broadcast and confirmation. Withdrawals from ~$1,000 require 2FA and may have a waiting window.
Market maker
So that newly listed tokens have liquidity, UltraEx can run an internal market maker: a dedicated account that places limit orders on both sides of the book around a reference price.
- Real liquidity. The MM’s orders go through the same path as any order (STP, price band, ledger) — it is not fabricated volume.
- No wash trading. STP guarantees the MM never crosses with itself.
- Reference price. Comes from an external price feed (parity for stablecoins, quotes for the rest); when no reference is set, it falls back to the pair’s internal price.
- Mark-to-market PnL and kill switch. Inventory is valued honestly at market; operations have a global and per-pair on/off, plus a kill-all button.
The Pro listing plan includes basic market making for 30 days. Beyond that, liquidity is an operational decision per pair.
Fees
| Item | Amount | Notes |
|---|---|---|
| Trading (maker/taker) | 0% | No fee, no volume tiers. |
| Starter listing | $450 | One-time fee, 1 TOKEN/USDT pair. |
| Pro listing | $790 | One-time fee, 3 pairs + extras. |
| Self-listing surcharge | +50% | Applied when listing without a referring agent. Configurable. |
| Agent adhesion | $10 | One-time, non-recurring. Generates no commission. |
| Crypto withdrawal fee | gas cost | Estimated on-chain; no UltraEx markup. Commission is credited in USDT and withdrawn via this same flow. |
| Monthly fee | none | There is no monthly fee on any product. |
How listing works
Anyone can list a token. Listing creates an asset on the exchange and opens one or more trading markets. Payment is made in stablecoin and held in escrow until approval.
- 1SubmissionChoose the plan (Starter or Pro), provide the symbol and token details and, optionally, a referring agent's code. The listing starts as payment-pending.
- 2Escrow paymentYou receive an address and deposit the fee in USDT/USDC. Once confirmed on-chain, the amount is locked in the ledger and the listing moves to pending review.
- 3Review (vetting)For EVM tokens there is on-chain vetting: honeypot, proxy, supply, decimals and rug indicators. High risk blocks approval.
- 4Approval → market liveIn one atomic transaction, UltraEx creates the asset and the market(s), recognizes the revenue and pays the referring agent's commission (if any) plus the XP bonus.
Plans & pricing
- 1 TOKEN/USDT pair
- Token page
- Listing within 5 business days
- Public API access
- One-time fee — no subscription
- 3 pairs (USDT + BTC + ETH)
- Banner on site and app
- Listing within 3 business days
- API + WebSocket
- Basic market making for 30 days
- Volume report
Listing without a referring agent adds a surcharge (default +50%) to the price — the cheapest path for the project is to come through an agent's link, who then receives the commission.
Earn with listings
The way to make money on UltraEx is to bring listings as an agent. It is single-level commission — no upline, no pyramid. The commission is entirely yours.
- 1Become an agent for $10One-time fee, no subscription. It unlocks your referral URL, your internal USD wallet and the XP/season program.
- 2Share your linkYour referral link is /r/<your-code>. Anyone who arrives through it and lists a token is linked to you.
- 3Get paid on confirmationWhen the referred project lists and payment is confirmed, the commission lands in your USD wallet instantly.
How much you earn
| Listed plan | Price | Your commission |
|---|---|---|
| Starter | $450 | $150 |
| Pro | $790 | $263,33 (33,33%) |
Example: 5 listings a month, 40% of them on the Pro plan → about $977/month (≈ $11.7k/year). Tune the scenario in the earnings calculator.
Two links, two roles
- /r/<code> — referral. Links a new project/user to you for commission.
- /l/<code> — public page. Your lister profile, with tier, XP, ranking, listings brought and total earned — your storefront to attract projects.
XP & Seasons
On top of cash commission, activity on UltraEx accrues XP within a season (a timed period). XP sets your tier and your leaderboard position, and the top receives prizes at close.
Where XP comes from
- Holding. Holding a balance accrues daily XP; listed tokens earn more than stablecoins.
- Trade volume. Trading earns XP by volume (wash trades are blocked by STP).
- Listings brought. Each approved listing you referred grants an XP bonus.
- Referral override. You earn a fraction of the XP your referrals generate.
Tiers (crowns)
Each tier grants growing perks (badges, featuring, credit). At the end of the season, the ranking is frozen, the top receives prizes and part of the XP converts into a boost for the next season. Thresholds and rewards are configurable per season.
Builder
The Builder is UltraEx's launchpad: you describe in natural language what you want to launch and the system delivers a working business — token, presale and page — optionally listed on the exchange right away.
It generates configuration, not code
Unlike site generators, the AI here does not write software: it fills a structured schema (ProjectConfig) that parameterizes ready-made templates and audited factory contracts. The AI does only the cheap part — understanding the request and writing the copy. Financial parameters do not come from the AI; they are assembled deterministically and validated.
From prompt to tradable asset
- 1DescribeTell it what you want to launch. The AI classifies intent, fills the config and writes the copy.
- 2Preview and adjustThe render is deterministic — you see token, phases and page instantly and edit anything, with no AI cost per preview.
- 3DeployContracts come from an audited factory, signed by UltraEx's isolated signer. The page goes to its own domain, separate from the exchange.
- 4Graduate to the exchangeIf the presale succeeds, the token is auto-listed on UltraEx (TOKEN/USDT pair) and holders start trading.
Rug-proof
- Audited factory only. No arbitrary user bytecode — this removes the malicious-contract vector.
- Escrow treasury. Presale funds stay locked and are only released to the project on graduation (soft cap met). If the sale fails, buyers are refunded automatically.
- Separate domain. The project’s site never inherits the exchange’s brand or session — an issue in one project doesn’t splash onto UltraEx.
- Agent commission + XP. Whoever originated the launch earns single-level commission, just like a listing.
Transparency & security
Being custodial, UltraEx holds users' funds. Trust in that is built in layers — some already in production, others on the roadmap.
Already in production
- Double-entry ledger with a zero-sum invariant and daily custody-vs-liabilities reconciliation.
- Isolated signer (mTLS + KMS): keys never touch the API process; every signature requires an approval proof.
- HD custody with a unique address per user/network and a hot wallet kept at minimal float.
- 2FA and a waiting window for higher-value withdrawals.
On the roadmap
- Proof of liabilities (Merkle Sum Tree). Each user verifies their balance is included in the published total, without exposing other accounts.
- Proof of reserves. Public custody addresses with proof of control, summed on-chain and compared to liabilities (solvency ratio per asset).
- Safe multisig treasury + timelock. The bulk of funds under multiple signatures and a delay on large outflows.
- Insurance fund. A slice of listing revenue routed to a public on-chain reserve to cover incidents.