IDEX is coming to Polygon!

IDEX is the most powerful DEX in the market, giving users the performance and throughput of a centralized exchange without sacrificing security. However, high gas prices and trade settlement costs make it cost prohibitive for traders and difficult for users to migrate away from existing platforms.

That all is about to change. IDEX is bringing to Polygon the same world-class off-chain infrastructure as IDEX Ethereum. This includes the high-performance matching engine, instant execution, front-running protection, and advanced order types not found on any other DEX. Bringing IDEX to polygon makes settlement costs 10,000-100,000x cheaper than on Ethereum L1, eliminating the cost tradeoff that exists today for orderbook DEXs.

Introducing IDEX Hybrid Liquidity (HL)

This launch will also mark the initial release of IDEX Hybrid Liquidity (HL), the next generation of DEX, combining a high-performance order book and trading engine with liquidity pools of an automated market maker (AMM). This novel design protects users from the most glaring pitfalls of AMMs, including failed trades and front-running, by instantly executing trades against the best combination of limit orders and pooled liquidity. IDEX HL also generates higher returns for liquidity providers while also allowing for more advanced trades like stop-loss and limit orders.

SOURCE: https://blog.idex.io/all-posts/idex-launching-on-polygon