Pinknode Has Partnered With Polkadex

Published on: 19.10.2021

Polkadex, seeks to combine the DeFi-based benefits of automated market makers (AMMs) with a CeFi-inspired order book model. With its ambition to bring its unique hybrid decentralized exchange (DEX) to the Polkadot ecosystem, it will be submitting a parachain bid in time to come.

Maximizing Scalability while Reducing Latency on Polkadex

Since the launch of its mainnet on 29th September 2021, new users have started pouring in to partake of its nascent nomination and validation system, and with Pinknode acting as a validator on the Polkadex platform. Pinknode’s commitment as an infrastructural provider also includes supplying Polkadex with geographically distributed nodes that can seamlessly generate scalable API endpoints with a single click. Pinknode will continue to support Polkadex as it achieves more milestones and starts gearing up for its parachain bid.

Pinknode’s vision to support a multi-chain future by providing easy-to-use, reliable, and scalable infrastructure services via unified APIs will be a great value add for the solo chain built on the substrate framework along with Kusama and Polkadot ecosystem.

About Pinknode

Pinknode is a Polkadot-specialized Infrastructure-as-a-Service provider with the goal of accelerating adoption and empowering innovators to build on the most promising Web 3.0 ecosystem. By providing API endpoints through a streamlined onboarding process and maintaining secure, reliable, and scalable node infrastructure, Pinknode helps innovators jumpstart development quickly and accelerates their product life cycles.

About Polkadex

Polkadex is a fully decentralized peer-to-peer orderbook-based cryptocurrency exchange for the DeFi ecosystem built on Substrate.

➡️Source:
https://medium.com/pinknode/scaling-polkadex-unique-dex-solution-with-pinknode-e0ff103106c8

Market Stats:
BTC Dominance: 54.62%(+0.54%/24h)
ETH Dominance: 15.12%(-0.30%/24h)
Defi Market Cap: $86.46B(+43.67%/24h)
Total Market Cap: $2392.34B(+5.70%/24h)
Total Trading Volume 24h: $101.01B(+49.68%/24h)
ETH Market Cap: $362.07B
Defi to ETH Ratio: 23.88%
Defi Dominance: 3.43%
Altcoin Market Cap: $1085.68B
Altcoin Volume 24h: $58.04B
Total Cryptocurrencies: 29732
Active Cryptocurrencies: 9946
Active Market Pairs: 82044
Active Exchanges: 765
Total Exchanges: 8532
BTC: 66306$(0.22%/1H)
ETH: 3012.37$(-0.12%/1H)
AVAX: 34.59$(-0.49%/1H)
BNB: 583.02$(-0.31%/1H)
MATIC: 0.69$(-0.47%/1H)
FTM: 0.82$(0.79%/1H)
ADA: 0.46$(-0.39%/1H)
DOT: 6.93$(-0.4%/1H)
UNI: 7.35$(-0.73%/1H)
CAKE: 2.61$(-0.43%/1H)
SUSHI: 1.12$(-1.07%/1H)
ONE: 0.02$(-0.26%/1H)