Newdex Major Upgrade: Launch Aggregate Zone and Aggregate the Swap Depth Trading Feature

Dear users,

Hello! Newdex will upgrade at 04:00 (UTC) on January 19, 2021, from the original C2C trading model to the C2C+C2S trading model. On the premise of retaining the "pending order" trading experience, Swap depth is aggregated to make trading easier. We integrate the depth of popular trading pairs from platforms such as Defibox and DeFis (including DeFi projects). The first batch of trading pairs that are aggregated the depth are as follows:

BOX/EOS; NDX/EOS; USDT/EOS; USN/EOS; USN/USDT; PBTC/EOS; TPT/EOS; OUSD/USDT;
IQ/EOS; TAG/EOS; DFS/EOS; YFC/EOS; KEY/EOS; OGX/EOS; USDC/USDT;

Regarding the upgrade content of this aggregate trading:

1. Aggregate the Swap depth to improve transaction efficiency

Newdex directly aggregates its depth data by calling Swap protocols such as Defibox and DFS, that is, the Swap protocol becomes Newdex's depth supplier. Users can enjoy the transaction depth of the entire network by "one-click ordering", which will greatly improve the transaction efficiency.

2. Intelligent matching algorithm, better transaction price

Newdex's trading orders will be shared to the Swap protocol simultaneously, and the best price will be selected for trading through an intelligent matching algorithm. Users can get better prices regardless of whether they are trading at market prices or trading at limit prices, and there is no additional fees.

3. Display depth distribution map, more transparent transaction information

In addition to displaying the depth distribution map of aggregated trading pairs, Newdex will make any completed matching transaction order public on the chain, and it can be checked in real time. After completing the transaction, the user can not only check the C2C transaction information, but also check the transaction information from Swap.

Thank you for your attention and support to Newdex!
Newdex Team
January 19, 2021

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