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The growth of the cryptocurrency industry has raised many concerns. Ranging from security and scalability, onboarding of newbies, trustless custody, and order matching on exchanges, to overall user experience.
To achieve mass adoption, there's a need for third generational exchanges that would resolve these issues.
Cryptocurrency and blockchain technology keeps evolving and changing to suit users' needs.
Decentralized exchanges are revolutionary and essential parts of this evolution, offering users privacy, security, and sovereignty over their crypto assets.
However any active DeFi user, must have experienced the following drawbacks while using a DEX:
Although these drawbacks are felt both by experienced traders and newbies alike, newbies are mostly affected as they are forced to educate themselves on market conditions and make risky financial decisions all on their own.
Soldex, a third generational DeFi protocol being built on Solana aims to solve these issues.
Soldex is the fastest, easiest, and most user-friendly third-generation DEX being built on Solana.
It is the next step in DeFi evolution as it aims to work on all market conditions, 24/7, with emotionless machine-learning and neural network algorithms.
As a third-generational exchange, Soldex aims to resolve the issues faced by order-matching centralized exchanges and trustless custody within current decentralized exchanges.
With Soldex, users would enjoy both decentralization and AI trading.
The Soldex protocol is being built to offer users the major advantages of increased transaction speed, automated trading, and a user-friendly interface.
One of the major pain points of DeFi users is
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