VKTR (@0xvktr) • Hey

Professional green/red button clicker. Building @idex & Orion Terminal.

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Rewind. ⏪ Layer3 👉 Layer2. We’ve joined forces with Polygon Labs to create XCHAIN, a zkEVM Layer 2 dedicated to serving the IDEX ecosystem. One of the first Polygon Supernets, the internal XCHAIN Testnet is currently LIVE! What does this mean for IDEX? Let’s dig in. Order book DEXs are particularly sensitive to transaction costs, and past solutions (both centralized and decentralized) required major security tradeoffs. XCHAIN is a zkEVM Layer 2 network that will allow us to achieve UX and cost parity with CEXs, but without sacrificing security. Key benefits of XCHAIN: ✅ Gas-free settlement ✅ Deposits and settlement secured by Ethereum ✅ Opportunity for additional dApps to serve IDEX users & capital ✅ Seamless integration and liquidity with Polygon 2.0 ecosystem XCHAIN will serve as the backbone of IDEX’s perpetual futures exchange, enabling traders to finally have performance and security with complete self-custody. IDEX has been working for years to develop the best high-powered trading and risk engine that supports on-chain custody and settlement. XCHAIN is the last piece necessary to bring this vision to life, a settlement network that unlocks an entirely new trading experience. XCHAIN testnet is currently live for internal testing, with a Public Incentivized Testnet coming soon. Read the full announcement: https://idexio.substack.com/p/xchain-announcement Stay tuned for more info on how to get involved and be one of the first to experience the future of decentralized trading!
What's up fam! 💜 We're stoked to be here. Thank you to @nader.lens for the assist! We have lots of exciting news about the next evolution of IDEX coming very soon, so stay tuned. See you soon, GOATs. 🐐
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