The first aggregator combining the power of Order Books and AMMs. Proudly powered by Gridex Protocol
Update on airdrop rules: Type #1 rewards
Rules update from 30th Mar 2023 00:00 (UTC): The swap coefficient will be renamed to "multiplier", along with an update to the algorithm. For type 1 rewards, the M of sell orders now will be awarded 6% of the T of that day, while the M of buy orders will be awarded 14% of the T of that day. For details on specific calculations, please click here: https://rewards.gdx.org/#details To qualify for the airdrop, either of the following 2 conditions must be satisfied:Users can place maker orders on ...
Update on airdrop rules: Type #1 rewards
Rules update from 30th Mar 2023 00:00 (UTC): The swap coefficient will be renamed to "multiplier", along with an update to the algorithm. For type 1 rewards, the M of sell orders now will be awarded 6% of the T of that day, while the M of buy orders will be awarded 14% of the T of that day. For details on specific calculations, please click here: https://rewards.gdx.org/#details To qualify for the airdrop, either of the following 2 conditions must be satisfied:Users can place maker orders on ...
How does D5 Exchange compare to other DEXs? What's the difference?
The UI of D5 ExchangePreviously the article focused on how the technology of Gridex allows D5 an advantage over Uniswap’s AMM due to its slippage and impermanent loss. So how does D5 compare to other popular decentralized exchanges such as 1inch and dYdX, etc in terms of its advantages and disadvantages. First,1inch is also a DEX that aggregates liquidity by using the Pathfinder algorithm that helps users to find the best exchange rate for their tokens, it can even split the swap across more ...
How does D5 Exchange compare to other DEXs? What's the difference?
The UI of D5 ExchangePreviously the article focused on how the technology of Gridex allows D5 an advantage over Uniswap’s AMM due to its slippage and impermanent loss. So how does D5 compare to other popular decentralized exchanges such as 1inch and dYdX, etc in terms of its advantages and disadvantages. First,1inch is also a DEX that aggregates liquidity by using the Pathfinder algorithm that helps users to find the best exchange rate for their tokens, it can even split the swap across more ...
Rules Update: airdrop #3 on D5 Exchange
The airdrop for the Maker rewards program carried out on Arbitrum One, on the GDX/ETH trading pair (0.05% grid) has had its rules updated. As of March 27, 2023, 00:00 UTC: For type 1 rewards, the M of sell orders will now be awarded 14% of the T of that day, while the M of buy orders will be awarded 6% of the T of that day. For type 2 rewards, the M of sell orders now will be awarded 56% of the T of that day, while the M of buy orders will be awarded 24% of the T of that day. To qualify for t...
Rules Update: airdrop #3 on D5 Exchange
The airdrop for the Maker rewards program carried out on Arbitrum One, on the GDX/ETH trading pair (0.05% grid) has had its rules updated. As of March 27, 2023, 00:00 UTC: For type 1 rewards, the M of sell orders will now be awarded 14% of the T of that day, while the M of buy orders will be awarded 6% of the T of that day. For type 2 rewards, the M of sell orders now will be awarded 56% of the T of that day, while the M of buy orders will be awarded 24% of the T of that day. To qualify for t...
What is the GDX token?
The previous articles have introduced how D5 Exchange operates through the Gridex Protocol, however what are the incentives for makers to take part? Why would they want to take part? Here is where the GDX token comes in: GDX is the native token for Gridex Ecosystem and has been listed on the D5 Exchange since March 15, 2023. The GDX token is the current award for makers and takers who take part in D5 Exchange. The GDX token has a supply of 200 million: with 104 mil tokens (70%) on the ERC-20 ...
What is the GDX token?
The previous articles have introduced how D5 Exchange operates through the Gridex Protocol, however what are the incentives for makers to take part? Why would they want to take part? Here is where the GDX token comes in: GDX is the native token for Gridex Ecosystem and has been listed on the D5 Exchange since March 15, 2023. The GDX token is the current award for makers and takers who take part in D5 Exchange. The GDX token has a supply of 200 million: with 104 mil tokens (70%) on the ERC-20 ...
What is the technology behind D5 Exchange?
The Gridex Protocol is the technology that is behind the decentralized exchange: D5 Exchange First, many DEX’s such as Uniswap Sushi Swap, etc are run by its AMM (Automated Market Maker), this system has no buy or sell orders. Instead, smart contracts exist to act as the maker in an exchange transaction. AMM aims to provide cheaper liquidity through a simple one-time process, with any user able to provide for the liquidity pool. However the complex formulas which Uniswap uses may not always f...
What is the technology behind D5 Exchange?
The Gridex Protocol is the technology that is behind the decentralized exchange: D5 Exchange First, many DEX’s such as Uniswap Sushi Swap, etc are run by its AMM (Automated Market Maker), this system has no buy or sell orders. Instead, smart contracts exist to act as the maker in an exchange transaction. AMM aims to provide cheaper liquidity through a simple one-time process, with any user able to provide for the liquidity pool. However the complex formulas which Uniswap uses may not always f...
