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    • Multi DeX
    • NFT: Coming Soon
    • IDO (Launchpad): (Propellus Network)
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  1. Products

Multi DeX

Cryptocurrencies have served as an alternative to the conventional financial markets however, to date, these cryptocurrencies are not able to feel a void of maturity of conventional markets. The major reason is the infrastructure available for cryptocurrencies, so far there are few centralized exchanges that provide world-class trading features. But that comes at the cost of the investor's privacy and runs counter to the very decentralized heart of the cryptocurrency movement.

Also, these exchanges are more likely needed to be regulated as per the local government, and also if any exploit, bug, the hacking occurred in these exchanges may result in a huge loss for investors.

So there has been DeX developed and available in the market, however, it's not much helpful as features, liquidity, and slippage provided by this DeX are not good enough compared to centralized exchanges. So this issue needs to be sorted in such a way that users will get a world-class trading platform that will be free of regulations. It can be achieved through a unique smart contract-based trading system that will provide the best of both worlds.

Proposed Multi DeX will work as follows:

When a trader places a buy or sells order through Multi DeX, its automated trading system first finds the DEX with the best possible price and begins to execute the order. But as the trade proceeds, it constantly reevaluates the price conditions and looks for a better alternative. As the first DEX experiences a price change, Multi Dex continues the order through as many alternative DEXs as necessary to get the best outcome for the trader.

In effect, this spreads any slippage out across multiple DEXs, taking advantage of the liquidity provided by each. For the trader, the result is transparent. They get the best possible price with the fastest execution time and the least slippage. In other words, they are the first in the crypto market to offer margin and options trading aggregation.

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Last updated 3 years ago

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