xExchange
ValidatedExchanges
DEX
Swap assets instantly, globally, inexpensively
- 1286 Followers1286 Followers
- 675 Likes675 Likes
About xExchange
It's a DEX AMM running on the MultiversX. It is built by the same team that has built the MultiversX blockchain. You could call it the "official" DEX. There can be any number of DEX-es built on MultiversX, but the team wanted to build the first one because it is special.
The xExchange is a cutting-edge decentralized finance (DeFi) platform built on the MultiversX Network, designed to facilitate seamless digital trading and user engagement. As the successor to Maiar DEX (Maiar DEX 2.0), xExchange leverages advanced financial technology to create an efficient and user-friendly environment for traders, investors, and developers.
The platform's mission is to democratize access to the digital economy, making it accessible to a broader audience while maintaining high standards of security, speed, and cost efficiency. By providing a robust infrastructure for decentralized trading, xExchange aims to empower individuals and businesses to participate in the global financial ecosystem without the need for intermediaries.
xExchange stands out in the DeFi landscape due to its innovative features such as Metastaking and Metabonding, which offer users multiple avenues for earning rewards and contributing to the ecosystem's growth. The platform's focus on community building and long-term engagement is reflected in its tokenomics, which reward users for their commitment and active participation.
Overall, xExchange is poised to become a significant player in the DeFi space, driving innovation and adoption while providing users with a secure and efficient platform for their financial activities.
xExchange Magic Store Validation Score
See Results ››Validation Score
3.9Validation Date: -
- 2pwv2y5pfueoYes
- adamsYes
- wz4pf3jqjeluYes
- BohdanYes
- 9h09oyv4xyojYes
- TrismegistusYes
- FuerstMaximilianYes
- rishaYes
- IgorKirilovYes
- ubixYes
- ea5rrksfwYes
- SerdyukmaximYes
- 71w8t4ujq02uYes
- nt3kk825bn3Yes
- nikoshYes
- Akram_NurdalYes
- ReynaldaYes
- 0l9brfu8dh8Yes
- OlgaRYes
- PadllesXfelsYes
xExchange Review Score by Real Users
- 61
- 33
- 4
- 1
- 3
xExchange Magic Store Trust Score
- Security Validators Score
- 11.10.2023Validation Date
xExchange User Trust Reviews
xExchange FAQ
The Energy Concept on xExchange represents a time-lock mechanism where users commit their MEX tokens for a specific duration, converting them into xMEX. The longer the lock period, the more Energy is accrued. This Energy enhances rewards by increasing the annual percentage rates (APRs) and providing a greater share of exchange fees, incentivizing long-term participation.
State sharding technology significantly improves xExchange's scalability and performance by partitioning the network into smaller segments, or shards. This allows the platform to handle a higher volume of transactions with lower latency, ensuring a seamless and efficient trading experience even during peak times.
MEX is the primary token used for trading, staking, and governance within the xExchange ecosystem. xMEX is a time-locked version of MEX that accrues Energy, providing users with higher rewards and greater influence in governance decisions. xMEX tokens can be converted back to MEX after the lock period.
Participating in Metastaking on xExchange allows liquidity providers to earn rewards from multiple sources, including Swap Fees, Farm Rewards, and Staking Rewards. This multifaceted reward system maximizes earning potential and encourages active participation, making it a highly attractive option for users looking to optimize their returns.
Metabonding on xExchange facilitates the distribution of new project tokens to MEX and xMEX holders. This process helps new projects gain visibility and community support while providing existing token holders with opportunities to diversify their portfolios and discover new investment avenues.
- ValidatedHashkey Global
Exchanges • CEX
- ValidatedOriole Insights
Finance • Marketplace
- ValidatedReform DAO
Finance • Trading
- ValidatedChainspect
Utilities • Tool
- ValidatedGQRacer
NFT • Games
- ValidatedFireSquad
DeFi • Investing
- ValidatedGrafilab
Utilities • Tool
- ValidatedBurrow Finance
DeFi • Lending
- ValidatedRef Finance
DeFi • Swapping