More information about IDEX

IDEX, the first high-performance decentralized exchange, provides both real-time trading and on-chain settlement. Traders on IDEX can trade continuously without waiting for transactions to mine, place true market orders and fill multiple orders at once, and cancel orders immediately without gas costs. IDEX’s unique design pairs an off-chain trading engine with an Ethereum smart contract. The off-chain infrastructure manages the trading experience, while the smart contract handles all funds, trade authorization, and final settlement. Traders on IDEX can trade continuously without waiting for transactions to mine, while behind the scenes the transaction arbiter properly sequences and dispatches authorized transactions to the blockchain, ensuring that the smart contract stays in sync with the off-chain balances. By separating trade matching from execution, IDEX provides the speed and user experience of centralized exchanges combined with the security and auditability of the Ethereum Blockchain.