Hassan Maishera
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.
