IDEX is launching IDEX 2.0, a high-performance decentralized exchange that aims to pair CEX-like speed and features with the security of a DEX. The platform offers low-latency trade execution, standardized APIs, advanced order types, and a matching engine capable of processing hundreds of thousands of orders per second. IDEX says the API sandbox is live on testnet and that a three-phase rollout is underway, with mainnet launch planned for a few weeks from now. The product is designed to make it easy for market makers and algorithmic traders to integrate using existing systems, enabling deeper liquidity on a DEX. IDEX also plans a token model for its layer-2 network, where stakers earn ETH from trade fees rather than IDEX tokens. The company announced a $2.5 million seed investment to support the IDEX 2.0 launch and related development.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2020