Dexalot is a revolutionary decentralized exchange aiming at bringing the traditional centralized exchange look and feel through a decentralized on-chain application.
Dexalot’s mission is to bring a viable decentralized exchange with Central Limit Order Book capability to the current cryptocurrency space. It creates a truly inclusive trading environment that can rival centralized exchanges with its look and feel.
Traders can set the size and limit price for their orders. If an order matches an existing order in the order book in terms of price, it removes liquidity (taker order) and executes immediately. If there are no immediate matches in the order book, the order will be added to the order book as a new maker order.
Dexalot is built on Avalanche platform’s C-Chain technology for its implementation as it offers the following advantages: