Position Exchange is a decentralized trading and exchange platform that provides a transparent, trustless, and fully on-chain trading platform for traders. At its core, there is an on-chain order book matching engine that allows traders to have full control over their orders while reducing transaction costs and maintaining the same trading experience as centralized exchanges.  Unlike other decentralized exchanges that use automated market maker models, Position Exchange uses an on-chain order book mechanism that provides fully operational limit orders, bids, and offers. Additionally, Position Exchange offers on-chain futures trading, derivatives products, and staking pools. Its native token, POSI, ensures network stability, offers passive income opportunities through staking, and is used to facilitate governance.