Competition heats up to become the most prominent decentralized exchange on Cardano and several projects vie for the crown.
Do.Exchange (DOEX) presents a compelling AMM-based DEX trading terminal catering to both novice and experienced crypto traders. One cannot underestimate the first-mover advantage in this segment.
Cardano's DEX Landscape Expands
Seeing so many developers bring a decentralized exchange solution to the Cardano ecosystem is commendable. Since the network received compatibility with smart contracts, coders worldwide have shown a growing interest in experimenting with this network layer. Moreover, investors have shown an increasing appetite for exposure to ADA, the native token of Cardano, resulting in a near 800% price increase year-over-year
Moreover, there is a growing demand for decentralized exchanges and services across the broader cryptocurrency ecosystem. The success of Uniswap, PancakeSwap, and SushiSwap shows Cardano needs a similar solution. Multiple projects will bring this option to the ecosystem, although the DOEX team is building a compelling trading platform. The recently unveiled preview shows how customizable and professional DEXes should look in 2021 and beyond.
A Preview of The DOEX Platform
Earlier this week, the DOEX team issued a DEX preview to its early backers and supporters. From the get-go, it becomes clear this is not a cobbled-together platform but rather a professional-grade AMM DEX that caters to the needs of novice and experienced traders alike. More importantly, it provides numerous customization options to help users personalize their experience, as no two traders have the same requirements or preferences.
The first thing that becomes apparent is the vast amount of trading tools users can experiment with. These tools will help users make better-informed decisions regarding their current and future market positions. In addition, customizing the overall layout is possible through various unique panels depicting a range of information, including analytics and platform-specific functionalities.
Second, various charts on the left-hand side help users illustrate the current market conditions. As cryptocurrencies are notoriously volatile, it is essential to see how quickly conditions can change. Moreover, these charts also depict the performance of one's portfolio by benefiting from up-to-date market prices changing in real-time.
Efficiency and optimal trading conditions are crucial to any decentralized exchange. DOEX provides those features on the right-hand side of the dashboard, paving the way for swift transactions and exploiting market gaps. Moreover, the platform integrates the popular Nami wallet by default to ensure everything is as accessible and straightforward as it can be.
Future Outlook And Public Sale
There is more to come to DOEX, as the team plans to introduce even more functionalities for its platform. Additionally, there will be an overview of the Staking and Analytics user interface and experience. More updates will be announced in the coming weeks, further enhancing the position of Do.Exchange in Cardano's DEX landscape.
The DOEX public sale began on the ExMarkets Launchpad recently, and the public sale runs until the hard cap of $2.52 million is reached or until December 27, 12:00 pm (GMT+2). The overwhelming early investor interest indicates that the hard cap may be reached well before the cut-off date.
Token sale fundamentals:
- Ticker: DOEX
- Price: $0.15 USD
- KYC: No
- IEO Start date: 2021-12-13 12:00 (GMT+2)
- IEO End date: 2021-12-27 12:00 (GMT+2)
- Total token supply: 140,000,000
- Available for sale: 16,800,000
- Hard cap: $2,520,000 USD
Payment options: USDT ERC20, ADA, ETH, BTC, USDC
It is advisable to open your account on ExMarkets before the Initial Exchange Offering for DOEX goes live.
