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DeXodus

DeXodus is the next generation decentralized perpetual exchange for everyone.

DeXodus

Created At

ETHGlobal Istanbul

Winner of

zkSync - Best use of zkSync

API3 - Best use of dAPI price feeds

Project Description

Dexodus is a cutting-edge decentralized exchange protocol revolutionizing the DeFi landscape by combining a Perpetual Dex built on ZKSync with innovative gamification elements, trader leagues, and copy trading functionalities. Thus, enabling fee-less transactions and eliminating the need for users to hold ETH in their wallets.

One of our paramount objectives is to ensure a robust and secure trading environment. The protocol design is meticulously crafted to fortify against exploits, emphasizing stringent security measures at its core.

At DeXodus, we elevate the trading experience through innovative gamification elements. We understand the importance of user engagement, and our platform incorporates gamified features that enhance the overall trading experience. Through the integration of non-fungible tokens (NFTs), traders can actively participate in leagues, stake NFTs, and engage in copy trading without the traditional hurdles.

Our roadmap reflects our commitment to continuous improvement, emphasizing the empowerment of our community. Transparency, security, and user-centric design remain at the forefront of our priorities.

How it's Made

At Dexodus, our innovative approach relies on a tailored tech stack, offering customized futures contracts for enhanced efficiency in gamification features and more. Here's an overview of the functionalities:

Customized Futures Contracts: Engineered in-house to achieve tailored efficiency standards for gamification features and functionalities. Proprietary Liquidity Pool: Our internally-managed liquidity pool ensures efficient auto-compounding mechanisms. ZKSync Deployment: Leveraging ZK Rollups for swift, decentralized, and secure transactions on ZKSync. For futures functionality, users incur no transaction fees, thanks to paymasters utilizing account abstraction. TheGraph Integration: Facilitating automatic position liquidation, historical position access, powering trader tournaments, rankings, and copy trading. API3 and Chainlink Integration: Utilized for price feeds and randomization of NFTs, ensuring accuracy and reliability. IPFS + Filecoin: Employed for heightened decentralization and data persistence, enhancing the durability and distribution of our data storage infrastructure. This tech arsenal empowers Dexodus with cutting-edge functionalities, superior efficiency, and an unparalleled level of security and decentralization.

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