POLKADEX: The trading engine for web3 and Defi: Testnet launch announcement 🚀🚀

[Polkadex.Trade]

Welcome to Polkadex.Trade Official Discussion

A fully decentralized, peer-peer, orderbook based cryptocurrency exchange for the Defi ecosystem in Substrate

TESTNET IS LIVE NOW. CLICK HERE!!!

OUR INNOVATIONS

The beginning of the end for AMM DEXes
Feeless transactions in Polkadex

Fluid Switch Protocol

An order matching protocol that switches between AMM and orderbook, which ensures that liquidity flows seamlessly for traders and market makers, providing guaranteed trades. Uniquely programmed AMM algorithm ensures the orderbook is fully supported, thereby avoiding price slippage and impermanent loss, a common problem found in AMM based DEXes. Read More


On-Chain Trading Bots

Polkadex enables HFT through trading bots for both retail and institutional investors. Zero cancellation fees optimized through unique architecture allow dynamic entry and exit based on the market situation, incentivize API endpoints for both trading bot companies and liquidity providers, and eliminate front-running orders by paying high gas fees, a problem that plagues traditional decentralized exchanges.


Trustless Ethereum Bridge

Trustless cross-chain bridges, with Polkadot through Parachain and Ethereum through Snowfork, help bring any blockchain token to Polkadex in a non-custodial and trustless manner. Polkadex is built for the future, making it possible to integrate with other liquidity providers using forkless upgrades. We do not touch customer funds or your smart contract keys.


Performance

The current testnet transaction throughput of 300 TPS is more than enough to support the current crypto exchange landscape. We will continue to improve this speed to 20,000 TPS using our R&D on in-house consensus algorithm code named Pebble. This upgrade will be part of the Roadmap planned in 2021-22.

More Features

• No Front-running
• Great UI/UX
• Non-Custodial
• Forkless Upgrade
• Decentralized

USEFUL LINKS

• Lightpaper
• Github
• Web3 Open Grants Milestone

FOLLOW US

• Polkadex @ Telegram
• Polkadex @ Twitter
• Polkadex @ Medium

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