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DeFi services are becoming increasingly popular among crypto enthusiasts. One of the fastest growing areas among DeFi services is decentralized exchanges (DEX), the popularity of which has increased significantly with the development of decentralized finance.
It is the vision of Newdex to become a multi-chain DEX entry and create a new era of decentralization for users on multiple chains.
Newdex will bring the successful product experience gained from EOS to multiple chains like BSC, ETH, ETH Layer2, strive to aggregate DEX depth, so as to achieve “the best depth, the best price and the best user experience”, to provide users with an amazing trading experience in the decentralization world.
The total supply of Newdex token $DEX is $100 million. Currently, about 91 million DEX are already in circulation, and the total amount of buy-back and burned is 6.97 million, leaving only 2 million DEX unlocked. $DEX tokens are almost in full circulation.
The current Newdex on BSC is in Beta. The Newdex team is in full preparation for the official version, and the most eye-catching feature should be the Order Book.
The top DEX of Order Book has not yet appeared in the BSC ecosystem. In 2018, Newdex was born as the first Order-Book decentralized Exchange on EOS. Now, on the basis of aggregated Swap, the Order-Book feature visualizes the depth of trades, and the function of pending order also gives users a relief that they no longer have to keep an eye on the market.
To decrease Gas fees, the Newdex team is actively exploring the product model of Order Book, and may also introduce a virtual Order-Book model to enhance the trading experience while ensuring decentralization.