IDEX announced the launch of its testnet Beta, which went live on May 29, 2024, offering participants the opportunity to compete for a $2 million IDEX prize pool, with more than 10,000 participants whitelisted and competing for the prize pool. Testnet Beta introduces high-performance trading with millisecond latency and instant execution, as well as a smooth mobile trading experience through IDEX Connect. Founded in 2017, IDEX is transforming decentralized trading into a full-chain perpetual contract exchange.