Polkadex PDEX Price $ 0.660

What is Polkadex?

Polkadex is a trading platform catered towards both Uniswap and Centralized Exchange markets. It provides two products initially, Polkadex Orderbook and Polkapool AMM. Polkadex Network allows traders to get the best of both worlds by providing a no KYC, feeless swaps and liquidity on AMM pool supported by perpetual liquidity mining program.

On the other hand, Polkadex orderbook improves upon the centralized exchange market by providing a non-custodial, decentralized KYC'ed, fiat supported Orderbook based exchange with institutional grade liquidity and institutional trading bot support.

Polkadex Network will become a parachain when it secures a parachain slot in Polkadot, opening the path towards DOT and other assets in the Polkadot Ecosystem.

Features

Fluid Switch Protocol

• An order matching protocol that switches between AMM and orderbook which ensures that liquidity flows seamlessly for traders and market makers, providing guaranteed trades. Uniquely programmed AMM algorithm ensures the orderbook is fully supported, thereby avoiding price slippage and impermanent loss, a common problem found in AMM based DEXes.

On-Chain Trading Bots

• Polkadex enables HFT through trading bots for both retail and institutional investors. Zero cancellation fees optimized through unique architecture allow dynamic entry and exit based on the market situation, incentivized API endpoints for both trading bot companies and liquidity providers and eliminate front-running of orders by paying high gas fees, a problem that plagues traditional decentralized exchanges.

Trustless Ethereum Bridge

• Trustless cross-chain bridges, with Polkadot through Parachain and Ethereum through Snowfork, help bring any blockchain token to Polkadex in a non-custodial and trustless manner. Polkadex is built for the future, making it possible to integrate with other liquidity providers using forkless upgrades. We do not touch customer funds or your smart contract keys.