# DEX marks the spot: Testnet-2 is live!

**Published by:** [Dango 🍡](https://paragraph.com/@dango/)
**Published on:** 2025-07-28
**URL:** https://paragraph.com/@dango/dex-marks-the-spot-testnet-2-is-live

## Content

Move aside exchanges, there’s a new sheriff in town, and it goes by the name of Dango. That’s right, your eyes do not deceive you, testnet-2 is here, and with it comes our most anticipated release yet — a fully onchain, first-of-its-kind Central Limit Order Book (CLOB). Whether you're here to trade, test, or quest, there's plenty to sink your teeth into. Let’s break down what testnet-2 brings to the table!The CLOB to end all CLOBsThe Dango DEX isn’t just another exchange. It’s an entirely new approach, built on our own high-performance L1, with 2 unique characteristics:the use of periodic auctions to execute limit orders, which deters toxic flow and minimizes MEVthe incorporation of a passive market making vault system, which creates new yield opportunities for retail users like you and IThe end result is a fully onchain CLOB that levels the playing field for the average Joe, empowering retail traders like nobody has done before. We believe powerful trading tools, best-in-class price execution, and deep, transparent order books should be accessible to everyone, everywhere, and we’re here to make it happen. In testnet-2 you can trade spot on the Dango DEX, but post-mainnet there’ll also be perpetual futures and margin, accessible via one unified, cross-collateralized account system. In the meantime our efforts are focused on shipping the order depth chart, ‘recent trades’ section, and TP/SL, all of which you can expect to see from us very soon.Dark mode, bright futureYes, it looks as good as it trades. Testnet-2 introduces dark mode, giving you an alternative look that’s easier on the eyes and ideal for staying locked in during longer sessions. Whether you're viciously scalping on the 15m chart or just setting stink bids, dark mode blends form and function to give you a smooth, polished experience. No glare, no distractions, just clean, focused trading.Complete the quest, claim the OATTo celebrate the launch of testnet-2, we’re rolling out the Testnet Trader Quest — a simple, fun challenge that rewards early testers with a limited edition Galxe OAT (Onchain Achievement Token). Here’s how to earn your Testnet Trader OAT:Trade $1M in volumeTrade in 3 different token pairsComplete a limit orderComplete a market order(For anti-sybil purpose) have 10 or more transactions on Ethereum mainnetComplete all 5 requirements and the OAT is yours — a badge of honor proving you were here early, before mainnet.Ready to test the DEX?Testnet-2 won’t be here forever, so why not try a trade or two, and support us on our mission to become the one app for everything DeFi. We’re just getting started — and with your help, we’ll deliver on our promise to make DeFi great again. 👉 Jump into testnet-2 👉 Join the Dango community Have feedback or bugs to report? We’re all ears. Drop into our Discord, tag us on X, or drop us a DM. Until next time, dangbros!

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