Polkadex has released the Polkadex Orderbook decentralized exchange
Polkadex mainnet, Polkadex Orderbook is now open for trading. The revolutionary orderbook-based decentralized exchange (DEX) is set to be a game-changer for digital asset trading and DeFi. DEXs like Uniswap have changed the way in which cryptocurrency is traded by giving traders control over their own funds. However, the automated market maker (AMM) model popularized by such DEXs has been plagued with exorbitant transaction fees, price slippage, frontrunning, low interoperability, and limited functionality. While it may be riskier due to potential hacks and data breaches, many crypto traders still prefer to use the advanced trading features of centralized exchanges (CEXs), which are cheaper to use and offer high levels of functionality and interoperability.
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