
In the context of the rapid development of decentralized finance (DeFi), 1DEX, as a cross-chain order book decentralized exchange (DEX), achieved a trading volume of $100 million within just two weeks of its mainnet launch. This milestone not only highlights the immense potential of decentralized trading platforms but also underscores 1DEX's leadership in technological innovation and user experience. This article will delve into how 1DEX is leading the new trends of decentralized trading through the innovative features of the Vaulta chain.
DEX Market Overview December 2024
In December 2024, the performance of decentralized exchanges (DEXs) is remarkable. According to industry data, monthly trading volume for DEXs exceeds $350 billion, a year-on-year increase of 165%. Meanwhile, the proportion of DEXs in spot trading volume has risen from 9.5% to 14%, showing a significant growth trend compared to centralized exchanges (CEXs). This market backdrop provides fertile ground for the rapid rise of 1DEX, reflecting the growing user demand for decentralized trading platforms.
Technological Innovations on the Vaulta Chain
The core technology of 1DEX is built on the Vaulta chain, and its proprietary on-chain order book engine achieves millisecond-level transaction matching speeds. This efficient execution capability allows 1DEX to compete with centralized exchanges while retaining the transparency and decentralization characteristics of DeFi. Additionally, 1DEX offers zero-fee order placing and cancellation features via the Vaulta chain, significantly reducing users' trading costs.
1DEX's dual-chain architecture is another highlight of its technological innovation:
The exSat chain: Responsible for order matching, ensuring fast and transparent transaction execution.
The exSat chain: Supports seamless integration with Bitcoin and Ethereum for cross-chain trading.
This architecture not only enhances the platform's flexibility but also protects user assets with hardware-level security measures, increasing the safety of transactions.
User-friendly login system
1DEX has designed a dual-mode login system to meet the needs of different user groups:
• PassKey Mode: Utilizes biometric technology to provide a password-free login experience, eliminating the risk of phishing attacks and storing private keys on user devices, ensuring higher security.
• EVM Wallet Mode: Supports Ethereum Virtual Machine (EVM) compatible wallets like MetaMask through the exSat chain, providing a convenient access method for users familiar with blockchain wallets.
This flexible login method lowers the entry barrier for new users while providing a familiar operational experience for seasoned users.
Advanced Trading Features
The on-chain order book model of 1DEX is one of its core competitive advantages. Compared to traditional Automated Market Maker (AMM) models, the order book model provides more accurate pricing and deeper liquidity, avoiding slippage issues. Coupled with the zero-fee feature of the Vaulta chain, 1DEX offers users a low-cost, high-efficiency trading experience. Additionally, the transparent matching engine ensures that all trades are executed at fair prices, further enhancing user trust.
Incentive programs promote user participation
To enhance user participation and loyalty, 1DEX has launched a series of incentive mechanisms:
• Trade to Earn Program: Users earn points based on trading volume, with different point multipliers for making and taking certain orders. For example, a $1,000 order can earn 1,200 points.
• Referral Program: Users can earn 5% of their friends' points, for example, if a friend earns 1,200 points, the referrer can earn 60 points.
• Fee Rebate Pool: Offers a 20% fee rebate, users can customize the allocation ratio (e.g., both parties 10%). Registration invitation code: YFU0FOIM
These incentive measures not only attract new users but also promote the platform's continuous growth through community-driven methods. More details can be found on the 1DEX points page.
Comprehensive Asset Support
1DEX supports a variety of mainstream assets, including Bitcoin, Ethereum, and USDT, providing users with diverse trading options. Its integration with the Alkanes protocol is a significant reflection of its innovation, as this protocol supports the creation and trading of Bitcoin native tokens. For example, the value of the 'METHANE' token has exceeded $60, showcasing the potential of Bitcoin native tokens. This bridging-free trading method simplifies the operational process, reduces costs, and offers users a more efficient trading experience.
Here are the main assets supported by 1DEX and their characteristics:
Asset Characteristics Bitcoin enables cross-chain trading via the exSat chain Ethereum supports EVM-compatible wallets, offering flexible trading USDT stablecoin, suitable for low-risk trading Bitcoin native tokens are realized through the Alkanes protocol, requiring no bridging
Call to Action
For users wishing to experience the future of decentralized trading, 1DEX provides a secure, user-friendly, and efficient platform that combines the openness of DeFi with the speed and flexibility of centralized exchanges. Users can visit the official 1DEX website to join the platform, experience innovative trading methods, and become part of the decentralized finance revolution.
Final Note:
1DEX achieved a trading volume of $100 million in just two weeks, demonstrating its leading position in technological innovation and market appeal. Through the advanced technology of the Vaulta chain, zero-fee trading model, and user-friendly design, 1DEX is reshaping the future of decentralized trading. With the continuous growth of the DEX market, 1DEX will undoubtedly play an important role in promoting the development of DeFi, providing users with a safer and more efficient trading experience.