Name: IDEX
SKU: IDEX
Price: 0.058284014956 USD

IDEX 2.0, Built on Optimized<h3>Optimistic Rollup</h3>Optimized Optimistic Rollup (O2 Rollup) is a novel, open-source layer-2 design for bringing scalable applications to public blockchains.IDEX 1.0’s design hinges on the use of a deposit contract and a single authorized submitter address. This design enables the escrow of funds and coordination of trade settlement necessary to support instant, off-chain execution. The remaining drawbacks derive primarily from the fact that each trade is settled to the network one at a time. In order to scale beyond the current limitations of blockchain networks, we need a more efficient method of trade settlement.IDEX has developed a new method known as O2 Rollup that allows for unlimited off-chain scaling with a fixed on-chain settlement cost. To understand the new design, it’s helpful to understand a few core concepts of the Ethereum network.

Idex claims to be the first hybrid liquidity DEX that combines an order book model with an automated market maker. It blends the performance and features of a traditional order book model with the security and liquidity of an AMM. Idex takes an innovative approach to decentralized exchanges by combining an off-chain trading engine with on-chain trade settlement.

IDEX

IDEX is a hybrid liquidity DEX: Order Book + AMM in one.

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