Polkadex levelling up decentralized trading
@polkadex is redefining decentralized trading with seamless UI and cool performance.
The decentralized trading experience is super cool with Polkadex because of:
➜ microsecond latency
➜ Backend overhaul
➜ TradingView integration
Also, WalletConnect and PolkadotJS enhance wallet accessibility for seamless connectivity.
Smarter and faster DeFi all powered by Polkadot!
🚀 Polkadex Development Update 🚀
We’re excited to share the latest progress on our journey to revolutionize decentralized trading:
1️⃣ Backend Upgrade:
Our backend is now split into two powerful services:
NodeJS: Manages API interactions and real-time event streaming.
Rust: Drives high-performance order matching for unmatched execution speed.
This new architecture ensures enhanced scalability, security, and throughput for the Polkadex platform.
2️⃣ Performance Boost with Redis:
We’ve collaborated with Redis to optimise performance. By caching the order book state, we’ve reduced query latency to microseconds, enabling near-instant order placement and retrieval for a seamless trading experience.
3️⃣ TradingView Integration:
We’re finalizing agreements with TradingView, and integration is progressing well. The front-end order book UI, featuring real-time charting and market depth visualization, is set to go live in 1-2 weeks!
4️⃣ March Milestone Achieved:
The front-end for the order book is ready to deploy, showcasing TradingView charts and market depth. The backend will follow in the coming months, bringing real-time matching engine capabilities and order execution.
5️⃣ Wallet Support Expansion:
We’re integrating WalletConnect and PolkadotJS, ensuring seamless connectivity for traders across a broader range of wallets.
Polkadex is building momentum, and we’re just getting started! Stay tuned for more updates as we continue to innovate and deliver. 🌟
#Polkadex #DeFi #Blockchain #CryptoTrading
🚨 Mark your calendars, Polkadex fam! 🚨
We’re hosting an AMA you won’t want to miss!
🗓️ When: 28th February
⏰ Time: 8AM UTC
This is your chance to connect directly with the Polkadex team AND the brilliant minds behind our tech and development 👨💻
We'll see you there! 😍
Despite recent changes in our team and business model, Polkadex's core mission remains unchanged✨
We're committed to combining the advantages of centralised and decentralised exchanges into one innovative platform, serving all crypto traders and even first-time users without compromise🔗🌟
Our vision is a fully decentralised token exchange in a peer-to-peer, trustless environment, offering high liquidity, fast transactions, and advanced trading features. Supported by @hyperbridge Polkadex is committed to empowering users through DeFi🔄🔒
We prioritise accessibility, focusing on user-friendly design and interoperable connections to various liquidity sources, including fiat. Polkadex aims to be the most convenient platform for buying, storing, and trading crypto assets🌐🔗📈
Please join our Telegram community for a discussion with our team and passionate community at: https://t.co/3Szgze3yHg 💭
🥳 Exciting news from Polkadex! 🥳
We're thrilled to announce a strategic joint venture with Mindevolved, a cutting-edge AI-driven software engineering studio funded and appointed by our investors. Together, we're making a significant leap in the world of decentralised exchanges 🤝🔥
Mindevolved is renowned for their impressive track record, including building Australia's largest crypto exchange and pioneering the first regulated, digitally-backed commodity token. They will be responsible for building, developing, and deploying our order book. As our CTO, they bring a future-first mindset to this exciting collaboration 🔗
This partnership marks a significant milestone for Polkadex as we continue to innovate and deliver high-performance, scalable solutions.
We will host an AMA with them in the coming weeks, allowing the community to get to know them and ask questions 🌟
🥳 Exciting News: Polkadex 2.0 Development is Underway! 🥳
We're thrilled to announce the kick-off of Polkadex 2.0, made possible through a strategic joint venture with a leading technology firm. This initiative will be spearheaded by our leadership team and executed by our JV partner, ensuring a seamless and impactful development process.
Stay tuned as we progress towards delivering our Q1 roadmap and continue to innovate in the blockchain space.
Our exciting collaboration with @hyperbridge is generating a lot of chatter! Enthusiastic communities from both sides are curious about the implications of this partnership for our initiatives 🚀🌟
Here's what's happening:
This partnership elevates Polkadex by incorporating Hyperbridge's remarkable technology, enabling seamless interactions across multiple blockchains. It enhances cross-chain compatibility and unlocks new opportunities for our users. 🚀🔗🌐
With Hyperbridge onboard, Polkadex is set to broaden its horizons—enabling seamless movement of assets and data across networks without compromising security or scalability. It's a pivotal leap toward crafting an interoperable decentralised trading platform, delivering even greater value to Polkadex users. 🚀
Come be part of our Telegram group where lively conversations unfold about all the latest happenings 🙌
https://t.co/3Szgze3yHg
Keralites in Web3 #003
Vivek Prasannan
@vivekprasannan - Executive Director, Polkadex
Vivek Prasannan is driving innovation in decentralized trading as the Executive Director of Polkadex, a leading DEX platform.
A proud Keralite, he is dedicated to shaping the future of Web3 by combining blockchain technology with user-first trading solutions.
🚀 @polkadex 2.0 Roadmap Is Here 🚀
Get ready for revolutionary updates that redefine decentralized trading.
🌐 Bringing seamless cross-chain transfers, high-speed trading tools, wallet integration, and simplified crypto adoption.
💡 Polkadex is making #DeFi more accessible, powerful, and user-friendly!
#Polkadot #DOT #Polkadex #PDEX
While we work tirelessly behind the scenes to deliver one of the best DEXes out there, we acknowledge it won't be easy. There will be hurdles and challenges along the way, but we are prepared and more motivated than ever✨
Join our Telegram community with your questions, ideas, and yes, even critiques. Let's elevate this project together! 💬🤝
https://t.co/GK7G7sHyfm
1/5 🚀 Excited to unveil the Polkadex 2.0 Roadmap! Here's what we have lined up to revolutionize decentralized trading for everyone. 🌐✨
Let us know which feature you're most excited about!👇
#Polkadex#DeFi#Crypto
Introducing Polkadex 2.0: A New Era with Hyperbridge Integration!
As we approach the end of Polkadex's current parachain slot on December 19, 2024, we’re thrilled to share a major upcoming milestone on our roadmap! 🚀 Instead of renewing the slot, we’re shifting gears to partner with @hyperbridge (https://t.co/TppZNWdE62), achieving seamless cross-chain connectivity that reaches beyond Polkadot alone. This move will broaden the horizons for Polkadex and its community, opening up new opportunities for multi-chain interoperability.
Key Dates & What You Need to Know
- Withdraw Your Non-PDEX Tokens by Dec 15, 2024: To ensure smooth transition, we recommend all users withdraw any Non-PDEX tokens to their respective chains before December 15, 2024. If you miss this, don’t worry – we’ll have a faucet ready post-integration to migrate tokens safely to Polkadex 2.0 tokens.
- Orderbook Pause & Transition Timeline: With deposit functions paused, the Orderbook will go offline until Hyperbridge integration is complete. We anticipate testing and setup to be finalized by Q1 2025, followed by the grand release of Polkadex 2.0!
What Does Polkadex 2.0 Mean for You?
The integration with Hyperbridge means a new level of accessibility – allowing Polkadex to support tokens from across the Polkadot ecosystem and beyond. This is a huge leap forward, unlocking doors to ecosystems connected through Hyperbridge, bringing new assets, liquidity, and opportunities for our users.
Why This Matters?
Our ultimate goal is to make Polkadex a premier destination for seamless OrderBook trading across different L1 chains. By tapping into Hyperbridge’s extensive network, we’re taking a giant step toward a truly interconnected DeFi experience. 🚀
Join us as we embark on this exciting journey toward Polkadex 2.0! 🌐💫
🚀 Join us for an exciting video AMA: Hyperbridging an OrderBook DEX! 🔗
📅 Date: 21st Nov, Thursday
⏰ Time: 3 PM UTC
🎤 Host: @pakman_media
🎙️ Livestream link: Stay tuned.
Don’t miss this deep dive into the future of decentralized bridges and decentralized trading! 🌟
#AMA #OrderBookDEX #Web3 #Blockchain #CrossChain @hyperbridge@polkadot