We are excited to announce that IDEX, a Hybrid Liquidity DEX, is coming to Polygon.
Launched in late 2017, IDEX is one of the longest standing decentralized exchanges and DeFi projects. Between 2018 and 2020, IDEX was the #1 DEX in daily volume and has officially become the DeFi OG since then.
The decentralized exchange will be launching its IDEX Hybrid Liquidity DEX on Polygon with features: high-performance order book and trading engine with liquidity pools of an automated market maker (AMM).
By launching on Polygon, IDEX aims to reduce the transaction costs for its users without compromising the throughput. The launch of IDEX Hybrid Liquidity will enable users to execute the trades instantly, utilizing limit orders and pooled liquidity.
Using Polygon’s full-stack Ethereum scaling solutions, IDEX can provide a superior user experience for all its users. Users can also explore our growing DeFi blue-chip projects and NFT ecosystem with minimal gas fees.
We look forward to the growth of IDEX with its Hybrid Liquidity DEX and leverage Polygon to drive mass adoption among crypto and non-crypto users.
DEX is the first Hybrid Liquidity DEX, combining a high-performance order book with Automated Market Making (AMM). The platform blends the best of centralized and decentralized exchanges, with the performance and features of an 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.
Source : blog.polygon