IDEX(IDEX)
IDEX is the first Hybrid Liquidity DEX, combining a high-performance order book and matching engine with Automated Market Making (AMM).
Exchange Deposit

I.  Project Introduction

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.​


It has 3 components:
1. High-performance engine: The exchange component is similar to that of top centralized exchanges. This design enables IDEX to match centralized exchanges in latency and throughput-- performance that is unavailable from other DEXs.

2. Hybrid Liquidity: combines a traditional order book and matching engine with liquidity pools of an automated market maker (AMM). Traders are seamlessly matched against the best combination of limit orders and pool liquidity for the lowest-cost execution without any additional effort.

3. Smart Contracts: Historically, high performance exchanges require users to custody funds with the exchange. IDEX utilizes a series of smart contracts to decentralize fund custody and trade settlement as well as introduce novel DeFi mechanisms.


Tags: DeFi, DEX, Polygon


Project timeline: 

Q4 2021 - Layer 2 launch, Polkadot Deployment, Referral Program

TBD - Leverage trading, additional L1s & L2s


Team background:

Alex Wearn (CEO) - Senior Product Manager/Manging consultant at IBM for 6 years, Senior Product Manager at Amazon
Phil Wearn (COO) - Co-Founder/COO of EtherEX in 2015
Jason Ahmad (CTO) - Standford University, Bachelor of Science - BS, Computer Science


II.  Token Information

2.1 Token Basic Information

Token Name: IDEX

Total supply: 1,000,000,000 IDEX

Tokens in Circulation: 605,161,843 IDEX (16 September 2021)

 

2.2 Token Distribution and Token Release Schedule

IDEX is a private company
Company is around for 4 years, most tokens have been unlocked already.
Remaining balance is in Treasury. Treasury is currently holding 40.8122% of the IDEX tokens
All team members are on a 4 year vesting schedule with 1 year cliff vesting


III. Related Links 

Official Website: https://idex.io/

Blockchain explorer: https://etherscan.io/token/0xB705268213D593B8FD88d3FDEFF93AFF5CbDcfAE

Twitter:https://twitter.com/idexio

Telegram:https://t.me/IDEXChat

Medium: https://medium.com/aurora-dao


 

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Huobi does not take responsibility for any resulting direct or indirect losses.

 

 

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Huobi Global reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi Global makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Remindertext here.

 

 

 

 

White Paper & Online Community
Market Dynamics
Some data are from CoinGecko
Current Price
0.061659 USDT
Ranking
From CoinGecko Market Cap Rankings
433
ICO Date
2019-05-10
Total Supply
1000000000
Circulating Supply
661894695
Market Cap
61659000  USDT
Circulating Mkt Cap
40811764  USDT
The price range covers the costs of earlier institutional & individual investors.
Price for Earlier Investors
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