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Decentralized Exchange Built on Algorand
Algodex is a decentralized order book exchange built on the Algorand blockchain. Our platform offers users a way to trade multiple different Algorand Standard Assets using limit or market orders. The funds on the platform are held escrows via smart contracts on the blockchain, and the order book itself is also on-chain. Algodex is currently compatible with MyAlgo Wallet and Pera Wallet.
52% of our token, ALGX, is allocated to community-related distributions such as rewards, airdrops, and more! Community is extremely important in the crypto world, and since day one, we have wanted to build a strong community, not just a product. Learn more about how our token (ALGX) is distributed.
Innovative Rewards Program
Since the beginning, we envisioned our platform being as user-friendly as possible, so that anyone can trade Algorand Standard Assets. We are constantly working to improve our UIX. We also understand that market making is a difficult task, and many users want to reap the rewards of providing high level liquidity, so we built a market maker bot. By using our Market Maker bot, users can easily provide high quality liquidity to the Algodex! Learn more about the Market Maker Bot here.