General

BlueHelix Neighborhood (BHEX) releases HDEX, world’s first decentralized purchasing and selling platform to abet imperfect-chain deposit/withdrawal and purchasing and selling any asset



SINGAPORE, July 10, 2021 – (ACN Newswire) – BlueHelix Neighborhood (BHEX) has launched HDEX, the field’s first decentralized purchasing and selling platform that helps decentralized imperfect-chain deposit/withdrawal and purchasing and selling of any asset, on July 8. HDEX is the preferrred landing for BlueHelix’ decentralized monetary strategic structure and ought to proceed to empower the BHEX centralized purchasing and selling platform, BHEX Cloud Saas & Whitelabel solutions, and BHEX Chain in the ecological sectors of BlueHelix Neighborhood.

HDEX decentralized exchange is per BHEX Chain technology, the patented Bluehelix decentralized deepest key generation technology. It overturns CEX and the gentle DEX mannequin, supporting arbitrary linkage and purchasing and selling amongst heterogeneous chains and homogeneous chains which are fully cherish minded with rather a couple of imperfect-chain applied sciences and standards, providing a technical foundation for HDEX to change the enterprise good judgment of digital asset purchasing and selling platforms.

Attributable to this truth, by procedure of HDEX, users can realize “decentralized imperfect-chain asset safe deposit and withdrawal, the swap and circulation of any purchasing and selling pair on-chain, and the quickly switch of resources between any public chains, truly realizing a full imperfect-chain DEX mannequin.”

The innovation and integration of DEX+CEX

As all of us know, in the midst of of digital currency purchasing and selling in a centralized exchange, the exchange is to blame for the overall transaction course of such as custody of funds, providing liquidity, matching transactions, and offer and clearing. The platform has the absolute honest and controls the user’s asset security, users are in a feeble assign. With the advance of DeFi, DEX has risen swiftly, solving many considerations of centralized exchanges:

– Asset ownership menace: Customers get no longer want to withhold resources in CEX, and resources will seemingly be below their non-public build watch over.

– Regulatory menace: unable to be truly supervised by the manager and no longer tormented by insurance policies.

– Trading menace: Customers get no longer want to peril about counterparty and transaction fraud and other considerations.

DEX makes up for the deficiency of CEX and meets the accurate wants of users. For the time being, the market capitalization of some DEX platforms has surpassed CEX, alongside with the continuously rising purchasing and selling quantity and each single day involving users.

Alternatively, DEX available in the market is constructed on a single public chain and deployed by procedure of tidy contracts, such as Uniswap on Etherum, MDEX on HECO and Pancake on BSC. Or the Layer2 mode on Etherum, such as Loopring and Zkswap, whereas with the significant considerations as follows:

– No longer abet the swap between the Native tokens of mainstream resources cherish BTC;

– Most are per the AMM mannequin but no longer OrderBook mannequin

– Low Asset purchasing and selling effectivity and better gasoline expenses;

– Unable to know the liquidity mixture between the imperfect-chain resources;

– Unable to terminate the liquidity sharing between DEXs

HDEX has been dedicated to altering the existing considerations of DEX and CEX since the establishment of the project, and perfectly integrating some nice benefits of the two. Thru HDEX, users can fully part the liquidity and purchasing and selling depth of any purchasing and selling pair on any chain, and revel in the purchasing and selling skills no no longer up to that of a centralized exchange but also with larger user privacy and asset security experiences.

Leading the exchange enterprise revolution

So, how will HDEX decentralized exchanges change the pattern of CEX and DEX and innovate the enterprise good judgment of digital asset exchanges?

First. HDEX solves the imperfect-chain purchasing and selling barrier on DEX.

HDEX fully helps the swap of Native tokens. Customers can without prolong swap them into accurate mainstream public chain tokens such as BTC by procedure of HDEX, and withdraw them into their wallets at any time. There is never this kind of thing as a want to swap the resources issued by centralized organizations on HECO or Binance BSC, which drastically lowers the have confidence dangers of the third parties.

HDEX also simplifies the animated withdrawal plan for the swapped resources on CEX.

2d, HDEX abet the AMM+Orderbook purchasing and selling mode, with the the same liquidity pool;

Long-established DEX adopts the Orderbook mechanism, which is an much like the centralized exchange. Alternatively, many orders couldn’t be matched due to the the gradual purchasing and selling tempo on-chain and small user scale. The incidence of AMM market-making lets in somebody to bewitch part in liquidity providing, with a 3% transition commission bonus, has successfully solved the insufficient liquidity peril in the give an explanation for e book mechanism, which contributes to the expansion spurt for the AMM DEXs represented by UniSwap.

Alternatively, without the Orderbook mannequin, users of the AMM DEX can handiest plot the orders on market tag but no longer limit orders on CEX. Meanwhile, there’ll seemingly be a gigantic slippage due to the the dearth of give an explanation for e book aim, and orders cannot be stuffed at a ample tag, alongside with larger gasoline expenses due to the the congestion of the Ethereum network.

HDEX decentralized exchange helps every AMM and Orderbook modes. Customers can open market give an explanation for transactions or limit give an explanation for transactions, station purchasing and promoting orders per the target tag, and realize automatic execution, as an different of relying fully on AMM prices. Determined. At the the same time, it is typically handy for users to contain resources reach the transaction tag, which drastically improves the utilization payment of funds. In addition, HDEX is also very handy and cherish minded with CEX user habits and user skills, which can abet and abet CEX users seamlessly switch to DEX.

Third, HDEX guarantees 2000TPS+ validation effectivity and efficiency.

For the time being, DEX resources are below decentralized custody, all transactions are on the chain, all operations are conducted by tidy contracts, and transactions occur without prolong between investors and sellers (level-to-level). Every transaction give an explanation for and efficiency change are recorded in the blockchain network, which drastically reduces the transaction tempo. HDEX has larger than 2000 TPS and 2d-level consensus affirmation effectivity, which solves the considerations confronted by DEX.

HDEX Presents Lower Gasoline expenses. It accounts for handiest no longer up to 2.5% of Ethereum Gasoline expenses. Most users meet high gasoline expenses, decrease effectivity, and transaction failure when the usage of Uniswap, and so they’d want to station a larger slippage and pay costly gasoline expenses, whereas with HDEX, these considerations will seemingly be no longer considerations.

Fourth, HDEX to abet all imperfect-chain resources supported by CEX.

Score USDT shall we embrace, assorted users can non-public assorted USDT on assorted chains which would per chance be animated to be swapped with. Customers can deposit USDT on assorted chains on HDEX, that would per chance be mapped to the the same USDT as on CEX, and old to change with other tokens. Equally, HDEX helps a imperfect-chain liquidity mixture of any currency, which drastically facilitates the asset administration and swapping wants of users.

Fifth. HDEX helps the OpenDEX protocol which lets in everybody to map their DEXs.

For the time being, assorted DEXs non-public their non-public liquidity swimming pools per assorted tidy contracts, but typically with insufficient liquidity or market depth. In holding with the OpenDEX protocol, HDEX lets in any particular particular person/community to map their non-public DEX by procedure of OpenDEX protocol, whereas sharing the liquid and the co-construction amongst all DEXs on chain per this protocol. At the the same time, HDEX also helps customized DEX Settings.

In other words, any particular particular person/community can form a Liquidity pool on HDEX and peril tokens, or bewitch away them at any time. This aim will drastically abet the activeness of existing users, drastically enriches the liquidity of the exchanges and increases the volumes, and ought to make contributions to the user increase of the DEX market.

For the time being, HDEX has launched the World Ambassador Recruitment Program, and we welcome all global companions to affix. Correct by procedure of the BHEX ecosystem, HDEX is expecting a gigantic future with the recourse, technology, and administration abet from Bluehelix Neighborhood.

Media Contact

Elsa, [email protected]

Reliable Site: https://hdex.bhexchain.com/

Telegram: https://t.me/hdexofficial

Twitter: https://twitter.com/HdexOfficial


Topic: Press open summary



Provide: BlueHelix


Sectors: FX & Digital Currencies, FinTech & Blockchain



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