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Dexalot Launches First Central Limit Order Book Subnet on Avalanche

Share on X icon · Published 3 years ago on February 2, 2023 · Hassan Maishera

The Avalanche team announced via a Medium post on Wednesday that Dexalot, a decentralized cryptocurrency exchange, has launched on an Avalanche Subnet.

Dexalot Launches First Central Limit Order Book Subnet on Avalanche

The Avalanche team announced via a Medium post on Wednesday that Dexalot, a decentralized cryptocurrency exchange, has launched on an Avalanche Subnet. The Dexalot Subnet aims to replicate the user experience of a centralized exchange (CEX) without compromising on decentralization and transparency. 

Furthermore, Dexalot has confirmed that it will commence a new Incentive Program. The Dexalot Incentive Program (DIP) will give active traders up to 4.8 million $ALOT tokens over the coming months.

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up by 14% so far today and currently trades at $21.86 per coin.

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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