Abdex, an optimized and customized blockchain that achieves secure and fully decentralized stablecoins, order book exchanges, and Real World Assets (RWA). Abdex seamlessly interact with both the Ethereum and Cosmos ecosystems.
Our primary focus is on achieving complete decentralization while implementing various optimizations to ensure DeFi applications can offer a user experience rivaling that of CeFi platforms.
Our vision for Abdex is to enable any cryptocurrency holder to trade not only various cryptocurrencies but also global indices, bonds, commodities, and futures in a fully decentralized manner. Our blockchain supports stablecoins pegged to various fiats and global price index. Furthermore, we aim to facilitate the trading of decentralized ETFs, empowering people worldwide to diversify and allocate global assets effectively.
Achieving full and secure decentralization for stablecoins, order book exchanges, and RWA is logically challenging and complex, requiring significant innovation and meticulous design. Abdex has made numerous innovative designs to address these challenges. In addition to our whitepaper [https://drive.google.com/file/d/177gf20X2NXJTcMEr70u8uCwxSBzlrLju/view?usp=drive_link], we have recorded a video [https://www.youtube.com/watch?v=hMFwz4JW4Gw] and ite slides [https://docsend.com/view/9f7k5y26pejjtkmm] to succinctly explain Abdex’s somewhat complex implementation principles.
Abdex offers competitive advantages in key areas:
Decentralized Stablecoin: Compared to industry leaders like MakerDAO’s DAI and Liquity Protocol’s LUSD, Abdex’s stablecoins innovatively employ risk exposure hedging and primary/secondary market arbitrage. This approach results in enhanced security, decentralization, scalability, and broader application scenarios.
Decentralized Order Book Exchange: Our main competitor in this field is the perpetual contract exchange dYdX. Unlike dYdX, which conducts order matching off-chain, Abdex achieves complete on-chain matching. We currently support spot, futures, perpetual contracts, and traditional financial instruments trading. Abdex also supports multi-currency and hybrid margin trading, unlike dYdX, which only supports cryptocurrency perpetual contracts with USDC as margin. Moreover, Abdex integrates classic market-making algorithms on-chain, facilitating liquidity mining, and introduces the concept of market-making orders to facilitate market makers’ on-chain operations, all of them significantly enhancing market liquidity.
Decentralized RWA: Abdex stands out by transferring off-chain liquidity on-chain through innovative market orders, enabling a fully decentralized approach to RWA, a feature currently unavailable in the market.
We have overcome numerous technical challenges and implemented core functionalities. Our MVP chain’s frontend is accessible at [https://abdex.fi/], and an interactive demonstration video is available at [https://www.youtube.com/watch?v=nnwW0XYxRLY].
Our team, composed of masters in Financial Engineering and Electrical Engineering, is passionately dedicated to blockchain and DeFi innovations.
We seek your support and assistance to expedite the official launch of Abdex. We sincerely hope you find this project as exciting as we do. Please contact us via email or schedule a video conference to discuss further.
