OpenDEX is a global network for unstoppable P2P trading of cryptocurrencies and tokens. It is built on top of the Lightning and Connext networks and at its core, it is a set of open protocol specifications, called BOLD. BOLD stands for: Basis of L3 DEX. The naming is intentionally derived from BOLT, the Lightning Network specifications and role model of OpenDEX. These specifications ensure that OpenDEX nodes remain compatible and users of different software implementations are able to trade with each other. OpenDEX is not a company or any other sort of legal entity, it is an open community of motivated individuals maintaining the BOLD specifications. OpenDEX was started because we believe there should be only one DEX, one global trading network, not hundreds. Find the slides from the first public announcement at #hcpp19 in Prague here and the video recording here.
-> Start trading using an OpenDEX-enabled exchange (Recommended)
-> Start trading directly on the OpenDEX Network (Requires some technical knowledge)
No central authority. No middleman.
No account. No KYC. No personal data. No discrimination.
No protocol token.
Direct, peer-to-peer trading.
Order book locally aggregates orders from peers in the network.
Own orders are matched locally with peer orders.
Instant order settlement via atomic swaps on Lightning/Connext.
User has complete control over private keys.
Tor by default preserves privacy.
Supports individual traders, market makers, exchanges, anyone.
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