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Rewind. ⏪ Layer3 👉 Layer2. We’ve joined forces with @0xPolygonLabs to create XCHAIN, a zkEVM Layer 2 dedicated to serving the IDEX ecosystem. One of the first Polygon Supernets, the internal XCHAIN Testnet is currently LIVE! What does this mean for IDEX? Let’s dig in.

Katana Perps

37,573 subscribers

188,934 Aufrufe • vor 2 Jahren •via X (Twitter)

Wissenschaft & Technologie

Anya Rossi• Live Now

Private livecam show

10 Kommentare

Profilbild von IDEX 🐐

IDEX 🐐vor 2 Jahren

Order book DEXs are particularly sensitive to transaction costs, and past solutions (both centralized and decentralized) required major security tradeoffs.

Profilbild von IDEX 🐐

IDEX 🐐vor 2 Jahren

XCHAIN is a zkEVM Layer 2 network that will allow us to achieve UX and cost parity with CEXs, but without sacrificing security.

Profilbild von IDEX 🐐

IDEX 🐐vor 2 Jahren

Key benefits of XCHAIN: ✅ Gas-free settlement ✅ Deposits and settlement secured by Ethereum ✅ Opportunity for additional dApps to serve IDEX users & capital ✅ Seamless integration and liquidity with Polygon 2.0 ecosystem

Profilbild von IDEX 🐐

IDEX 🐐vor 2 Jahren

XCHAIN will serve as the backbone of IDEX’s perpetual futures exchange, enabling traders to finally have performance and security with complete self-custody.

Profilbild von IDEX 🐐

IDEX 🐐vor 2 Jahren

IDEX has been working for years to develop the best high-powered trading and risk engine that supports on-chain custody and settlement. XCHAIN is the last piece necessary to bring this vision to life, a settlement network that unlocks an entirely new trading experience.

Profilbild von IDEX 🐐

IDEX 🐐vor 2 Jahren

XCHAIN testnet is currently live for internal testing, with a Public Incentivized Testnet coming soon. Read the full announcement: Stay tuned for more info on how to get involved and be one of the first to experience the future of decentralized trading!

Profilbild von ALL Z POWER

ALL Z POWERvor 2 Jahren

@0xPolygonLabs You'll find zk tech to be VERY reliable. Welcome to Polygon 🫡

Profilbild von IDEX 🐐

IDEX 🐐vor 2 Jahren

@0xPolygonLabs 🫡

Profilbild von RunnerXBT (⛷️,⛷️)

RunnerXBT (⛷️,⛷️)vor 2 Jahren

@0xPolygonLabs so is this now considered a "polygon project"? asking for a friend

Profilbild von dubzy

dubzyvor 2 Jahren

@0xPolygonLabs It begins

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