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IDEX

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Decentralized trading platform offering leverage and gas-free transactions.

Overview

IDEX operates as an order book decentralized exchange (DEX) that facilitates decentralized trading through its platform, XCHAIN, which is built on a Layer 2 network utilizing Polygon zkEVM Supernets. The platform allows users to engage in trading with leverage options of up to 20x while eliminating gas fees, which addresses the high transaction costs typically associated with Ethereum-based trading. IDEX primarily serves individuals interested in decentralized trading, providing a trading environment that aims to be cost-effective and secure. By leveraging Ethereum's security, IDEX seeks to enhance the trading experience, enabling users to capitalize on market opportunities without incurring high fees.

Key facts

Founded
2016

Contact

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About IDEX

What does IDEX do?

IDEX operates as an order book decentralized exchange (DEX) that facilitates decentralized trading through its platform, XCHAIN, which is built on a Layer 2 network utilizing Polygon zkEVM Supernets.

Where is IDEX headquartered?

IDEX is headquartered in San Francisco, United States.

When was IDEX founded?

IDEX was founded in 2016.

Which sector is IDEX in?

IDEX operates in Decentralized Finance, part of Financial Technology.

Who are IDEX's competitors?

Companies similar to IDEX include Rubicon, DeHive, and Dusa.