Polkadex IDO on Polkastarter and IEO on KuCoin

Published on: 14.04.2021

Polkadex is a fully decentralized, peer-peer, orderbook based cryptocurrency exchange for the Defi ecosystem in Substrate

Polkadex enables HFT through trading bots for both retail and institutional investors.Zero cancellation fees optimized through unique architecture allow dynamic entry and exit based on the market situation, incentivized API endpoints for both trading bot companies and liquidity providers and eliminate front-running of orders by paying high gas fees, a problem that plagues traditional decentralized exchanges.

Polkadex uniquely programmed AMM algorithm ensures the orderbook is fully supported, thereby avoiding price slippage and impermanent loss, a common problem found in AMM based DEXes.

On 16th April Polkadex was set to launch its dual token sale that will takes place on Polkastarter for its Initial DEX Offerring and in Kucoin for its Initial Exchange Offering

Unfortunately, Whitelist for Polkastarter IDO was officially closed.But the trend doesn’t stop there because KuCoin launched Polkadex Spotlight to give chance to Polkadex users to bag some gems by means of IEO event

 

ABOUT Polkadex

Polkadex is a decentralized, peer-peer, order book based cryptocurrency exchange built on substrate

Market Stats:
BTC Dominance: 52.51%(-0.34%/24h)
ETH Dominance: 16.33%(-0.16%/24h)
Defi Market Cap: $81.7B(-19.63%/24h)
Total Market Cap: $2163.43B(+2.07%/24h)
Total Trading Volume 24h: $87.38B(-15.08%/24h)
ETH Market Cap: $353.25B
Defi to ETH Ratio: 23.13%
Defi Dominance: 3.59%
Altcoin Market Cap: $1027.44B
Altcoin Volume 24h: $47.91B
Total Cryptocurrencies: 29501
Active Cryptocurrencies: 9868
Active Market Pairs: 82592
Active Exchanges: 761
Total Exchanges: 8438
BTC: 57708.54$(-0.04%/1H)
ETH: 2942.41$(0.06%/1H)
AVAX: 32.81$(-0.28%/1H)
BNB: 554.91$(0.31%/1H)
MATIC: 0.7$(0.39%/1H)
FTM: 0.67$(0.25%/1H)
ADA: 0.45$(0.58%/1H)
DOT: 6.99$(1.48%/1H)
UNI: 7.01$(0.12%/1H)
CAKE: 2.5$(0.26%/1H)
SUSHI: 0.98$(0.98%/1H)
ONE: 0.02$(-0.01%/1H)