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Newdex

Decentralized exchange based on EOS

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a year ago

It is crucial to exercise caution when engaging with the services offered by this project. EOS Support does not assume responsibility for any potential problems, damages, or losses that may occur as a result of utilizing the services provided by this project.

Newdex, launched on August 8, 2018, operates as a prominent order-book decentralized exchange (DEX) within the EOS network. It has established partnerships with over 20 digital coin wallets, including imToken, and Bitpie, in order to deliver a seamless decentralized transaction experience characterized by smart contract-based matching and instantaneous asset reception upon transaction completion.

On January 19, 2021, Newdex underwent a significant upgrade, transitioning from an order-book DEX to an aggregate DEX. This upgrade enabled Newdex to consolidate the depth of its own limit orders with the liquidity pool depths of major EOS-based swaps such as Defibox and Defis Network. Consequently, EOS users gain access to enhanced trading experiences featuring optimal depth and pricing.

Notably, Newdex serves as the primary gateway for trading activities within the EOS ecosystem, leveraging DeFi's composability to aggregate DEX liquidity across multiple blockchain networks. By prioritizing “best depth, best price, and best experience,” Newdex strives to provide users with exceptional decentralized trading experiences and establish itself as a multichain DEX trading platform.

Newdex is accessible here.


Author: Peter Valenčič

Editor: Markus Hinrichs, Cristhian Rincon

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