OraiDEX Price(ORAIX)

OraiDEX is defined as a decentralized exchange that takes full advantage of artificial intelligence (AI) capabilities through a seamless connection with external AI APIs. This functionality has been made possible via Oraichain, a robust data oracle infrastructure designed to bridge the gap between blockchain technology and external data streams.

The primary goal of OraiDEX is to facilitate trustless interactions across various blockchain networks, particularly those within the Cosmos Inter-Blockchain Communication (IBC) ecosystem. Users can perform transactions without the need for centralized control, promoting a secure and decentralized environment.

The project's native token, $ORAIX, serves a dual purpose: it functions as a governance token, allowing holders to participate in decision-making processes regarding the platform's development and operations, while also acting as a utility token, enabling users to pay transaction fees and access additional services within the OraiDEX framework.