With the growth of the cryptocurrency industry, many issues have emerged, from security, scalability, inclusion of startups, to reliable surveillance on exchanges, and overall user experience. To drive mass adoption, there was a need for third-generation exchanges to solve these problems.

Cryptocurrency and Blockchain technology continue to evolve and change according to the needs of users. Decentralized exchanges are a revolutionary and essential part of this evolution, offering users privacy, security and sovereignty over their crypto assets. However, any active DeFi user may experience some problems when using a decentralized exchange (DEX), such as slow transaction speed, low liquidity, manual transactions.

These disadvantages also affect experienced traders. However, beginners are most affected by these disadvantages, as they have to make risky financial decisions on their own. Soldex, a third-generation DeFi protocol built on Solana, promises to solve these problems.


Soldex: A new generation DEX

Soldex is the fastest, easiest and most user friendly third generation DEX built on Solana. It is the next step in the DeFi evolution as it aims to operate in all market conditions 24/7 with machine learning and neural network algorithms. As a third-generation exchange, Soldex aims to solve problems with order matching, centralized exchanges, and fiduciary custody on existing decentralized exchanges. With Soldex, users will enjoy both decentralization and AI trading. The Soldex protocol is created to offer users key benefits such as increased transaction speed, automated trading, and a user-friendly interface.

One of the biggest annoyances of DeFi users is slow processing time. No one wants to spend long minutes waiting for a simple transaction to complete. Slow transaction times and high gas fees discourage retail traders from using DEXs. This is one of the reasons why the Soldex protocol was built on Solana.

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On Solana, the average cost of transaction tokens is around $0.00001 per transaction, with a speed of around 65,000 TPS (transactions/second). Compared to Ethereum's meager 15 TPS, Solana's scalability is huge. Leveraging the flexibility and efficiency of the Solana ecosystem, Soldex is able to resolve slow transaction times and high gas fees. Soldex users can perform fast, inexpensive and efficient transactions.

The Soldex team has recently partnered with Larix. Larix is ​​the first metaverse-based finance protocol in the Solana ecosystem. Larix is ​​the first and only protocol to support LP mortgage lending with automatic consolidation. The only one in Solana! This partnership allows the two protocols to synchronize and work together. Larix is ​​the leading borrowing and lending protocol on the Solana Blockchain.

Enabling the safe use of a wide variety of collateral types, stablecoins, NFTs, tokens and synthetic assets; created more capital-efficient risk management pools. Larix uses a dynamic interest rate model. Larix is ​​the first loan project in Solana to be audited and reviewed by the well-known and respected smart contract auditor SlowMist. It is the first lending protocol with live mining functionality. It is also the first open source lending protocol on Solana. With this collaboration between Soldex and Larix, Soldex will gain increased attention and huge recognition in the market.