{"id":374951,"date":"2021-12-01T17:45:00","date_gmt":"2021-12-01T14:45:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/idex-to-launch-hybrid-liquidity-decentralized-exchange-on-polygon\/"},"modified":"2021-12-01T17:45:00","modified_gmt":"2021-12-01T14:45:00","slug":"idex-to-launch-hybrid-liquidity-decentralized-exchange-on-polygon","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/idex-to-launch-hybrid-liquidity-decentralized-exchange-on-polygon\/","title":{"rendered":"# IDEX to launch hybrid liquidity decentralized exchange on Polygon"},"content":{"rendered":"<p>&#8220;<strong># IDEX to launch hybrid liquidity decentralized exchange on Polygon <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvYWZiMjZkZjktYzQ5Yy00MzU0LWE4ZjEtNThiNjRhNzAxMDZmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>IDEX, a decentralized cryptocurrency exchange (DEX) based in\u00a0San Francisco, has announced the upcoming launch of its v3 Hybrid Liquidity DEX on Polygon.<\/p>\n<p>The hybrid model will merge traditional order book functionalities with automated market maker (AMM) liquidity pools in a bid to cultivate higher financial returns for the services liquidity providers, as well as provide typical investing tools such as stop-losses, limit orders and real-time execution.<\/p>\n<p>According to the platform, operating on the Polygon network enables lower transaction costs to the value of &#8220;10,000\u2013100,000 times cheaper&#8221; than is typically witnessed on Ethereum layer-one, in addition to benefitting from the network&#8217;s\u00a0full-stack Ethereum scaling mechanics.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">By popular demand, we&#8217;ve uploaded the IDEX v3 LIVE Pre-launch <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/AMA?src=hash&amp;ref_src=twsrc%5Etfw\">#AMA<\/a> w\/ <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AlexWearn?ref_src=twsrc%5Etfw\">@AlexWearn<\/a>. <\/p>\n<p>Missed it? Now&#8217;s your chance to catch up.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/zXrGR9gBG6\">https:\/\/t.co\/zXrGR9gBG6<\/a><\/p>\n<p>\u2014 IDEX (@idexio) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/idexio\/status\/1465773616512090112?ref_src=twsrc%5Etfw\">November 30, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nFor greater context into the burden of high fees for liquidity providers in decentralized finance (DeFi), a research paper published by Topaz Blue and Bancor Protocol uncovered that almost half of all liquidity providers on Uniswap v3 have been subject to impermanent loss based upon a 43% data snapshot of the platform.<\/p>\n<p>Despite this, the platform ranks first in DEX 24-hour trading volume at $2.8 billion, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/dex\">according<\/a> to data from CoinGecko, closely followed by PancakeSwap v2 with $2.3 billion. <\/p>\n<p>As for gas prices, many DeFi participants have been encouraged to transition over to Ethereum Virtual Machine-compatible and layer-two networks in search of cheaper alternatives, a trend that has resulted in a soaring level of market total value locked.<\/p>\n<p><em><strong>Related: DeFi TVL hits new highs while Metaverse tokens show signs of exhaustion<\/strong><\/em><\/p>\n<p> IDEX CEO Alex Wearn said, \u201cDeFi has been hamstrung by issues like gas prices, front-running and slippage since its inception, yet few solutions have truly offered answers to these problems,&#8221; adding: <\/p>\n<blockquote><p>\u201cThe novel Hybrid Liquidity design protects users from these pain points, while simultaneously generating higher returns for liquidity providers to boost the scalability of the wider decentralized economy.\u201d<\/p><\/blockquote>\n<p>Alongside the protocol launch, the exchange is also offering a number of incentives for users that interact with the platform. Liquidity Mining will provide 1,400,000 IDEX tokens per week to enhance liquidity, while a rewards program will acknowledge regular activity.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/idex-to-launch-hybrid-liquidity-decentralized-exchange-on-polygon\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# IDEX to launch hybrid liquidity decentralized exchange on Polygon &#8221; IDEX, a decentralized cryptocurrency exchange (DEX) based in\u00a0San Francisco, has announced the upcoming launch of its v3 Hybrid Liquidity DEX on Polygon. The hybrid model will merge traditional order book functionalities with automated market maker (AMM) liquidity pools in a bid to cultivate higher&#8230;<\/p>\n","protected":false},"author":1,"featured_media":374952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvYWZiMjZkZjktYzQ5Yy00MzU0LWE4ZjEtNThiNjRhNzAxMDZmLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74983,74868,75916,107545],"class_list":["post-374951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-decentralization","tag-defi","tag-dex","tag-liquidity"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/374951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=374951"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/374951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/374952"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=374951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=374951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=374951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}