What is IDEX (IDEX)

1. Project Introduction
A high-performance decentralized perpetual swap exchange. IDEX’s hybrid design combines an off-chain order book, matching and clearing engine, with on-chain custody and settlement. This approach merges the speed and efficiency of traditional trading systems with the transparency and security of blockchain technology, delivering an unparalleled trading experience.
Summary: IDEX claims to be the first hybrid liquidity DEX to combine an order book model with an automated market maker (AMM). It integrates the performance and functionality of traditional order books with the security and liquidity of AMMs. By combining an off-chain trade engine with on-chain trade settlement, IDEX adopts an innovative decentralized exchange model that offers multiple benefits to its users.
2. Team & Investment Info
Alex Wearn, Co-founder & CEO – Formerly worked at Amazon, IBM, Adobe, and other leading companies. He is an alumnus of the Kellogg School of Management.
Phil Wearn, COO – Holds an accounting background, an aerospace engineering degree, and entrepreneurial experience.
Funding: Raised $2.5M in August 2020 in a seed round led by G1 Ventures, with Borderless Capital and Gnosis also participating.
3. Social Media URLs
X: https://x.com/idexio
Telegram: https://t.me/IDEXChat
Discord: https://discord.com/invite/idex
4. Token Info
Token Symbol: IDEX
Total Supply: 1,000,000,000
Token Type: ERC
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0xb705268213d593b8fd88d3fdeff93aff5cbdcfae
Token Distribution:
No specific token release schedule provided.
5. Related Links
Official Website: https://idex.io/
White Paper: https://docs.idex.io/
Other Info: https://blog.idex.io/