IDEX is a decentralized exchange (DEX) that combines the features of a centralized exchange with the security of a decentralized platform. The project's goal is to provide a secure and efficient platform for trading cryptocurrency.
Here are some details about IDEX:
How it works
IDEX uses an off-chain trading engine to execute trades, and only when a trade is matched and executed is the transaction settled on-chain.
Features
IDEX offers advanced order types and trading strategies, and allows users to exchange cryptos across multiple platforms.
Security
IDEX is secured directly by Ethereum.
User experience
IDEX aims to enhance the user experience by eliminating failed transactions and providing gas-free trading.
History
IDEX was originally founded in 2017 as Aurora, and rebranded to IDEX in 2019. Alex Wearn and his brother Philip Wearn are the co-founders.