The growth of the cryptocurrency industry has raised many concerns. They range from security and scalability, on-boarding newbies, trust-less custody and order matching on exchanges to overall user experience, and to achieve mass adoption of cryptocurrency, there’s a need for third generational exchanges to resolve these issues.
Cryptocurrency and blockchain technology keeps evolving and changing to suit users’ needs.
Decentralized exchanges are revolutionary and essential parts of this evolution, offering users privacy, security, and sovereignty over their crypto assets.
However, any active DeFi user must have experienced the following drawbacks while using a DEX:
- Slow transaction speed;
- Insufficient volumes;
- Expensive gas fees;
- Low liquidity;
- Poor user experience;
- Manually executing your trades.
Although these drawbacks are felt both by experienced traders and newbies alike, newbies are mostly affected as they are forced to educate themselves on market conditions and make risky financial decisions all on their own.
Soldex, a third generational DeFi protocol built on Solana, aims to solve these issues.
Soldex, a next generational DEX
Soldex is the fastest, easiest, and most user-friendly third-generation DEX built on Solana.
It is the next step in DeFi evolution as it aims to work on all market conditions, 24/7, with emotionless machine-learning and neural network algorithms.
Soldex aims to resolve the issues faced by order-matching centralized exchanges and trustless custody within current decentralized exchanges as a third-generational exchange.
With Soldex, users would enjoy both decentralization and AI trading.
The Soldex protocol is being built to offer users the significant advantages of increased transaction speed, automated trading, and a user-friendly interface.
Increased transaction speed
One of the major pain points of DeFi users is slow transaction time.
Nobody wants to spend long
