Idex is a hybrid liquidity DEX that combines an order book model with an automated market maker. It offers the performance and features of a traditional order book model, along with the security and liquidity of an AMM. Idex utilizes an off-chain trading engine for instant trade execution, eliminating failed trades and reducing gas fees. This allows users to trade without waiting for previous trades to settle and enables more advanced order types and trading strategies.

Idex currently operates on Ethereum and Binance Smart Chain, with plans to expand to second layer solutions, Polkadot, and other layer one and layer two blockchains in the future.

Idex was launched by CEO and co-founder Alex Wearn, COO Phil Wearn, and CTO Brian Yennie. Alex Wearn has previous experience at companies like Amazon, IBM, and Adobe, while Phil Wearn has a background in accounting and astronautical engineering. The Idex team currently consists of 29 members. Idex was launched in 2017 and received a $2.5 million seed investment led by G1 Ventures and Borderless Capital.

Idex stands out by combining an order book model with an automated market maker. It uses an off-chain trading engine for real-time trade processing and settlement on-chain. This approach eliminates additional network costs for placing and canceling orders and enables advanced trading strategies. Idex also guarantees liquidity by displaying virtual limit orders alongside real limit orders in the order book. The platform uses smart contracts for decentralized fund custody and trade settlement, ensuring ownership and authorization for users.

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The total supply of IDEX is 1 billion. The token distribution includes market maker rewards, marketing campaigns, team allocation, future employee token pool, future use, and business expenses. Users can also stake their IDEX by running a lightweight node with a minimum of 10,000 IDEX.

IDEX is an ERC-20 token on Ethereum. The DEX has undergone an audit by Quantstamp, a reputable blockchain security firm. Ethereum, secured by a proof-of-stake consensus mechanism, provides a secure environment for Idex and other decentralized applications.

The price of IDEX has recently experienced significant growth, reaching an all-time high. While the price has since retraced, the potential for further growth remains with the expansion to other blockchains and product improvements.

IDEX is available for trading on Binance, Uniswap V2, Gate.io, and Balancer.

Idex is the first hybrid liquidity DEX that combines an order book model with an automated market maker. It offers the performance and features of a traditional order book model along with the security and liquidity of an AMM. By combining an off-chain trading engine with on-chain trade settlement, Idex eliminates failed trades and wasted money on gas fees, providing a more efficient trading experience. Users can execute instant trades without waiting for previous trades to settle, enabling more advanced order types and trading strategies. Idex has an ambitious roadmap for a multi-chain future, with plans to launch on second layer solutions, Polkadot, and implement leverage trading.

Idex was launched by CEO and co-founder Alex Wearn and COO Phil Wearn. Alex Wearn has previous experience at companies like Amazon, IBM, and Adobe, and is an alumnus of Kellogg School of Management. Phil Wearn has a professional background in accounting and astronautical engineering. The Idex team is currently composed of 29 members. Idex launched in 2017 and received a $2.5 million seed investment led by G1 Ventures and Borderless Capital.

Idex stands out by combining an order book model with an automated market maker. It uses an off-chain trading engine to match the performance of centralized exchanges and guarantees sequencing. Trades are processed in an off-chain order book, and only settled on-chain when executed. This approach eliminates additional network costs for placing and canceling orders and enables real-time order processing. Idex also displays virtual limit orders in the order book to visualize AMM liquidity. Smart contracts are used for decentralized fund custody and trade settlement, ensuring ownership and authorization.

The total supply of IDEX is 1 billion. The token distribution includes market maker rewards, marketing campaigns, airdrops, IDEX members, team, future employee token pool, future use, and business expenses. Users can also stake their IDEX by running a lightweight node with a minimum of 10,000 IDEX.

IDEX is an ERC-20 token on Ethereum. The DEX has been audited by Quantstamp, a leader in blockchain security. Ethereum, secured by a proof-of-stake consensus mechanism, is one of the most popular blockchains for decentralized applications and exchanges. The network is validated by a set of decentralized nodes.

The price of IDEX has recently experienced significant growth, reaching an all-time high above $0.60. While the price has since retreated to $0.30, the long-term growth potential remains promising. With upcoming launches on layer one and layer two blockchains and continuous product improvements, Idex has the opportunity to continue its growth trajectory.

IDEX is available for trading on Binance, Uniswap V2, Gate.io, and Balancer.