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Everything You Need to Know About DeDust

DeDust

While decentralized exchanges (DEXs) are taking centre stage in the crypto industry, DeDust seeks to reshape the fabric of DeFi as a whole. The DEX runs on the TON blockchain backed by Scaleton.

Notably, the platform attracts users through an easy-to-use interface and innovative DeFi trading features powered by the DeDust Protocol 2.0.

As stated on the platform, “DeDust is more than just an exchange; it’s a new era in decentralized applications. Our protocol doesn’t simply adapt; it paves the way. Harnessing the inherent features of the TON Blockchain, such as sharding and the actor model, the DeDust Protocol emerges as a beacon of innovation in blockchain technology.”

Since the demand for DeFi services keeps rising, DEXs like DeDust keep recording steady expansion in user base.

Launch and Growth

Interestingly, the DEX was launched in 2022 to enable P2P trading of crypto tokens on the TON blockchain. Accordingly, the new DEX platform aligned with the increased adoption of DeFi due to growing concerns associated with CEXs (Centralized Exchanges).

Since its launch, the platform has grown and attracted a lot of users. According to WeAlwin, DeDust boasts over 80 cryptocurrencies listed with more than 1,000 trading pairs available for users. Also, the platform records an average of $15 million in 24-hour trading volume.

DeDust Platform Features

What attracts many users to this particular DEX?

#1. Easy-to-Use Interface

Notably, users work with an interface that is easy to navigate, requiring no expertise. Moreover, the simplicity does not preclude the line of trading options or efficiency of the DEX

#2. Multi-Wallet Connect

With this feature, users can securely integrate multiple wallets on the DEX and trade assets through them independently.

#3. Asset Swapping

This feature allows users to swap tokens seamlessly and between blockchains, allowing for efficient trading.

#4. Asset Staking

DeDust has options for staking and farming assets allowing users to participate and earn notable rewards.

#5. Other Features

These are multiple language options, optimized access on mobile devices, enhanced security features, decentralized governance, etc.

Build Your Own DEX

With DeDust Clone Script, users can develop their own decentralized exchange having the same features. Built on the TON blockchain, it enables one to offer a decentralized trading experience to individuals, providing transparency and security.

With this tool, users can launch personal DEXs that list different tokens and trading pairs and attract users to their DEX.

About Author

Crypto Exchange News Journalist | Crypto Blog Writer | Crypto News Researcher and Reporter. I'm Daniel Nwokolo, your guide in the evolving crypto universe. I turn complex blockchain news into captivating stories. Dive into the digital frontier with my insights that both inform and inspire.

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