LOOM NETWORK — The Production-ready, Multichain Interop Platform for Serious Dapp Developers
What is Loom Network?
Loom Network is a multichain interoperability platform — live in production — that’s connected to other major blockchains such as Ethereum, Binance Chain, and Tron.
Deploy your dapp just once to Loom Network’s Basechain and reach the largest user base possible, so you can simply focus on your dapp development and business growth.
Uma rede LOOM de validadores Axie Infinity tem preço atraente de $ 0,14 tem potencial de valorização de 1200% visto que é poderoso como Polygon.
Enjoy having no gas fees for users, 1–3 second confirmation times, and automatically get connected to every major blockchain using any kind of wallet.
#What is Basechain?
Basechain is an interoperable DPoS blockchain that is live in production, EVM-compatible, audited, battle-tested, and secured by 21+ validators as well as thousands of individual token delegators.
If you’ve ever deployed to Ethereum, the process is very similar. And if you already have a dapp on Ethereum, you can port it to Basechain in no time — for much greater scalability and reach.
Not only are we interoperable with the major blockchains of today, but we will actively support new networks and protocols as they emerge.
Don’t get locked in or build in a silo. Future-proof your dapp with Loom Network — deploy once and get multichain usability.
IDEX is bringing the same world-class out-of-chain infrastructure to Polygon as IDEX Ethereum.
IDEX is bringing the same world-class out-of-chain infrastructure to Polygon as IDEX Ethereum. This includes the high-performance matching engine, instant execution, front protection, and advanced order types not found in any other DEX. Bringing IDEX into the polygon makes settlement costs 10,000–100,000x cheaper than on the Ethereum L1, eliminating the cost offset that exists today for backlog DEXs.
IDEX is the first Hybrid Liquidity DEX, combining a high-performance order book and matching engine with Automated Market Making (AMM). The platform blends the best of centralized and decentralized exchanges, with the performance and features of a traditional order book and the security and liquidity of an AMM. IDEX allows traders to get the best spreads, avoid failed transactions, and easily provide liquidity, all with the power of real limit and stop-loss orders.
IDEX staking enables traders, market makers, and fans of IDEX to operate part of the IDEX infrastructure and, in the process, contribute to the decentralization of IDEX and robustness of the platform. Stakers use IDEX tokens and run IDEXd staking software to operate a node. Stakers earn 50% of trade fees collected by the network as compensation for their work.
Staking node operators maintain a real-time copy of the IDEX order book and other system data and provide compatible REST API endpoints to the public. This reduces the IDEX operational costs by offloading popular API operations. Maintaining a staking node does not require the use of bonds and therefore offers a riskless (no possibility of slashing) staking experience.
The live IDEX price today is $0,555068 USD with a 24-hour trading volume of $868.734.683 USD. We update our IDEX to USD price in real-time. IDEX is down 7,92% in the last 24 hours. The current CoinMarketCap ranking is #231, with a live market cap of $375.644.191 USD. It has a circulating supply of 591.502.593 IDEX coins and the max. supply is not available.
IDEX (IDEX) is a cryptocurrency and operates on the Ethereum platform. IDEX has a current supply of 1,000,000,000 with 591,502,592.963847 in circulation. The last known price of IDEX is 0.44970959 USD and is up 4.77 over the last 24 hours. It is currently trading on 24 active market(s) with $244,968,351.58 traded over the last 24 hours. More information can be found at https://idex.market/.
Anyone who failed to profit absurdly with Uniswap, Sushiswap and other Dex has the opportunity to invest until next week in the cheap token from Idex Axchange that presents a revolution in relation to competitors, and the best of all this with a token that is 30 times cheaper.
Certainly for presenting a more evolved solution than Uniswap and other competitors, this token could surpass $30 in months on the market.
Idex has solved one of the biggest problems for institutional traders and traders which are the failed trades that competitors have not been able to solve.
The platform is scheduled to be launched on PolYgon in the next few days, but the token can still be found at a bargain price on Binance and other exchanges
We’re excited to announce IDEX v3 Hybrid Liquidity (IDEX HL), the next generation of DEX that combines an order book and trading engine with liquidity pools of an automated market maker (AMM). This novel design protects users from the most glaring pitfalls of AMMs, including failed trades and front-running, by instantly executing trades against the best combination of limit orders and pooled liquidity. IDEX HL generates higher returns for liquidity providers while also allowing for more advanced trades like stop-loss and limit orders.
Successes and Failures of AMMs
AMM DEXs have grown dramatically in popularity over the past year and are now the dominant form of DEX trading. The key innovation for AMMs is the use of liquidity pools. Active market making is replaced by pricing curves that guarantee liquidity is always available. In addition, these curves make it possible for anyone to become a market maker. This democratization of market making, in conjunction with liquidity mining, has opened the floodgates of idle capital and spawned some of the most liquid trading markets in crypto.
In spite of their success, there are still a number of complaints about these platforms.
- Failed trades: transaction failures lead to a loss of gas fees; to add insult to injury, the user must try again to execute the trade, often at a worse price.
- High Slippage: Front running and sandwich attacks lead to worse prices for users.
- Gas wars: competing to execute trades, in particular during times of high volatility or IDOs, reduces profitability and creates an unfair trading environment.
- Limited control: a lack of advanced order types leave users with two options, ape in or ape out.
The growth of AMMs has been incredible, but at the same time orderbooks are clearly not going away. The dynamic between these two exchange designs has led to some drawn out twitter debates, and, naturally, everyone is trying to figure out how these products work together. Well we’re here today to tell you that we’ve figured it out.
IDEX Hybrid Liquidity — The Ultimate Decentralized Exchange
IDEX Hybrid Liquidity (HL) is the pinnacle of DEX design, a combination of the best features of both orderbook and AMM DEXs. With liquidity pools as the foundation, IDEX HL will provide all of the same benefits that have made AMMs so popular to date. IDEX HL pushes the boundaries of what’s possible by fusing pools with a high-performance trading engine and traditional orderbook, addressing the shortcomings of other AMMs while also creating a supercharged orderbook.
How Does it Work?
This combination of AMM + Orderbook + Trading Engine will empower users to interact with liquidity pools in a totally new way. IDEX’s advanced mapping system quantizes the AMM curve into discrete orders that sit on the book alongside traditional limit orders. When a new order is submitted, the trading engine automatically matches against the best combination of limit orders and pooled liquidity for the lowest-cost execution. Traders can interact with IDEX HL through both a swap UI and a traditional orderbook interface.
IDEX HL will be the most powerful exchange platform in the market, bringing together the best elements of existing products and providing something new for everyone.
- Instant trade execution: IDEX’s fair matching eliminates front-running and trade failures. Users get the best price and save money on gas, while liquidity pool arbitrageurs can avoid costly gas wars. Say goodbye to MEV!
- Best prices: IDEX’s high-performance trading engine executes orders across all liquidity sources in real-time
- Advanced order types: Trade against a liquidity pool like never before, with order types such as stop-loss, post-only, and fill-or-kill.
For Liquidity Providers:
- Complete Freedom: Casual users can deposit and forget it using liquidity pools, while more sophisticated market makers can place limit orders through an industry leading API. Other AMMs have tried to support both pool and limit orders but fundamentally fall short.
- Higher LP APY: Liquidity providers earn more fees due to higher trade volume driven by more frequent arbitrage opportunities and less profit leakage to miners
- Strong Incentives: Liquidity mining incentives encourage participation in the early bootstrapping phase.
We’re excited to deliver the future of trading, so stay tuned for a roadmap update in the next few days! In the meantime, the team will be available on Discord to answer any questions.
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- Team IDEX