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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Dexilon stands out as the pioneering decentralized exchange (DEX) that operates on a limit order book system, all while being empowered by its own native blockchain. It is governed by the community in a manner that is both trustless and transparent, ensuring fairness in its operations. By combining funding rates with rebates, Dexilon streamlines arbitrage opportunities, enhancing overall market efficiency. This DEX is built on a dedicated blockchain, allowing for a high transaction throughput without the dangers of network congestion, which is a common concern in other platforms. Users can easily connect their crypto wallets to lock funds within a smart contract, mirroring the functionality typical of standard DEXs. Furthermore, critical components such as liquidation processes and minimum margin requirements are open source, making them verifiable by anyone interested. Trading fees are equitably allocated between market makers and takers, promoting a balanced trading ecosystem. To maintain accurate pricing, price oracles provide real-time asset data, which is essential for constructing the underlying index. Users can connect their wallets seamlessly; Dexilon is fully compatible with both MetaMask and Binance Wallet. Depositing funds is a straightforward process that involves signing a transaction, with support for popular stablecoins like USDT and USDC. This innovative approach positions Dexilon as a frontrunner in the evolving landscape of decentralized finance.

Description

An on-chain decentralized exchange (DEX) offers remarkably efficient liquidity provisioning with leverage options reaching up to 10x for both makers and takers. It delivers a premier trading experience accessible to everyone, driven by the capabilities of public blockchains and Layer 2 (L2) scaling solutions. Users can enjoy swift transactions accompanied by low fees, enabling immediate trading through vAMM technology. There are no sign-ups required, no intermediaries involved, no delays waiting for counterparties, and no concerns regarding the safety of funds. The platform opens the door to trading a variety of crypto assets, with plans to expand into gold, fiat, and commodities as well—Perpetual Protocol intends to accommodate it all. Operating on the xDai network scaling solution, users must transmit Layer 2 commands to this network, utilizing either the Homestead or Rinkeby environments. The key interactions between Layer 1 and Layer 2 occur during the processes of depositing funds into Layer 2 and withdrawing them back to Layer 1, while other functionalities can be executed directly on the Layer 2 (xDai network). As a result, traders can experience a seamless and comprehensive trading platform that continues to evolve and broaden its offerings.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

MetaMask
Binance Web3 Wallet
Ethereum
Ledger
Trezor

Integrations

MetaMask
Binance Web3 Wallet
Ethereum
Ledger
Trezor

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Dexilon

Founded

2021

Country

Ukraine

Website

dexilon.io

Vendor Details

Company Name

Perpetual Protocol

Founded

2019

Website

perp.com

Alternatives

Alternatives