• Dexalot has launched the first hybrid DeFi Subnet on the Avalanche network.
• This Subnet utilizes both the host chain and exchange chain to optimize the platform for speed, safety, and experience.
• The Subnet will serve as a base for expanding to other host chains to further DeFi mass adoption.
The decentralized cryptocurrency exchange Dexalot has made a major breakthrough in the development of decentralized trading protocols by launching the first hybrid DeFi Subnet on the Avalanche network. This Subnet is designed to provide users with an on-chain central limit order book (CLOB) with minimal transaction costs and support for several spot trading pairs, while also imitating the user experience of a CEX.
The Subnet utilizes both the host chain and exchange chain to optimize the platform for speed, safety, and experience. High-end cross-chain communication protocols are used during communication between the Mainnet and Subnet, which may lessen slippage in trade execution and allows DeFi customers to trade with confidence without giving up custody of their assets.
According to the Dexalot team, the unique Subnet design „establishes a base for expanding to other host chains to further DeFi mass adoption.“ Moreover, the Subnet will serve as a base for the development of several ecosystem interoperabilities on to other chain networks. This will enable Dexalot Subnet users to interact with multiple DeFi protocols, such as decentralized exchanges, lending protocols, and staking networks, in a secure and efficient manner.
The team has spent months developing and fine-tuning its application to ensure it meets the highest standards of security, privacy, and decentralization. The launch of the Dexalot Subnet on Avalanche is a major milestone for the DeFi industry, as it will provide users with a streamlined and secure trading experience.
Going forward, the Dexalot team is committed to improving the overall user experience, while also continuing to develop innovative new features to further DeFi mass adoption.