What is EVEDEX?

EVEDEX is a hybrid cryptocurrency exchange for trading perpetual contracts linked to cryptocurrencies, currencies, indices, and metals. Users can open long and short positions with leverage, submit market, limit, and stop orders, and configure take-profit and stop-loss conditions.

Orders are matched by an off-chain engine, while trade settlement is recorded through smart contracts. The platform operates on Arbitrum and uses connected wallets and smart accounts for fund management, account recovery, two-factor authentication, and network fee payments in USDT.