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IDEX (Ethereum Trading Platform)

Ethereum
IDEX is the first Ethereum based decentralized smart contract exchange to support real-time trading and high transaction throughput. IDEX is the most advanced Ethereum DEX, supporting limit and market orders, gas-free cancels, and the ability to fill many trades at once. IDEX is a decentralized exchange for trading Ethereum (ERC-20) tokens. IDEX combines the speed of centralization with the security of blockchain settlement.
Token sale completed on 27 June
Ratings: 8/10
Website

IDEX consists of a smart contract, a trading engine, and a transaction processing arbiter. The smart contract is responsible for storing all assets and executing trade settlement. All trades are then authorized by the user’s private keys. Unlike other decentralized exchanges; the IDEX smart contract is designed such that only the exchange is authorized to submit signed trades to Ethereum. This enables IDEX to control the order in which transactions are processed, separating the act of trading from final settlement. Users exchange balances are updated in real-time, while their private keys are used to authorize the trade in the contract. This authorization prevents users from rescinding any completed trades, and prevents IDEX from initiating any unauthorized trades. Authorized transactions are passed to an expert to manage the queue of pending transactions. These are then dispatched in sequence to ensure each trade is mined in the correct order. IDEX provides the speed and user experience of centralized exchanges, combined with the security and auditability of decentralized exchanges. DappList

Check out these other TOP RATED DAPPS: TronTrade and OxWarriors

Information: 20 June — 27 June
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4/5
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