Soldex, a scalable and decentralized Exchange, harnesses Solana blockchain’s potential to change how decentralized exchanges operate.
The third-generation crypto exchange seeks to solve the issues faced by trustless custody and order-matching centralized exchanges within current decentralized exchanges.
Soldex was officially added to the Solan ecosystem earlier this month, becoming part of ‘The best companies built on Solana.’ The team behind the project choose Solan because it is extremely fast loading of 65,000 transactions per second (TPS), which makes Ethereum’s meandering 15 TPS pale in comparison. The Solana blockchain also can carry out massive adoption while at the same time allowing for cheap and intuitive trading experiences. Solana has the capacity to handle more than 50,000 transactions per second – often for less than $0.00001 per transaction – on the Solana network.
Soldex was created to solve liquidity issues, a common problem associated with decentralized exchanges. Traditionally people tend to choose centralized exchanges such as Binance over decentralized changes because of liquidity of assets that causes slippage. However, as a decentralized exchange, Soldex solves this problem by incentivizing liquidity allowing users to deposit assets and provide liquidity.
The exchange has also incorporated Artificial Intelligence in its system. Soldex uses AI power algorithmic trading bots to allow traders to continue their trades in all market conditions, 24/7. Soldex crypto bots conduct market analysis, market risk prediction, and buy or sell assets on behalf of the trader. The exchange also has real-time settlement and high-speed swaps, providing a fast and more efficient trading experience.
In addition, Soldex is permissionless, allowing perpetual trading on any pairing. The exchange runs through community governance where those that hold its native token, SOLX have the power to vote on governance proposals or the introduction f new products or projects and services.
Soldex also has an ecosystem foundational layer that attracts assets and builds incentives for the community. In turn, this feature has helped the exchange empower its ecosystem with various financial products.
Lastly, Soldex has incorporated the SOldex Academy into its ecosystem to build a strong and vibrant Solana DeFi community. The Academy will serve as an educational resource designed to help new users become familiar with Solan and various DeFi concepts.
Currently, the exchange is conducting its private sale, which is offering SOLX tokens to interested investors.
Join the private sale by contacting the sales team at sales@soldex.xai or find out more by visiting Soldex.ai.
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