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NewsDerivative DEX EMDX to Launch V2 on Avalanche Subnet

Derivative DEX EMDX to Launch V2 on Avalanche Subnet

Apr 11,2023,08:14

Avalanche-based derivative DEX EMDX announced it will launch V2 on the EMDX Subnet soon. The subnet, which will be supported by partners in the financial, commodity, and energy industries, aims to bring traditional assets into the DeFi ecosystem.

EMDX V2 will be based on central limit order book, and will use oracles to provide transparent and real-time data. Built on the Avalanche subnet technology, V2 will be able to offer faster transaction processing, lower fees, and greater control over the network to provide a secure and compliant platform for traders. In addition, traders can choose to trade anonymously or under a KYC process, with only those who go through KYC being allowed to trade within the compliant DEX venue.

To learn more about EMDX, please read TokenInsight's exclusive interview with EMDX co-founder Bernado Corti.

 

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