September 19, 2023 \u2013 New York, New York<\/em><\/p>\n SimpleSwap and SimpleView work in harmony, helping traders benefit from AMM-style swaps and greater portfolio visibility respectively.<\/p>\n As a CLOB (central limit order book) exchange, Dexalot incorporates more sophisticated features than a conventional DEX.<\/p>\n To ensure users enjoy an optimal experience, combining the simplicity of a DEX with the advanced trading tools of a CEX, Dexalot has released SimpleSwap and SimpleView.<\/p>\n Scheduled to go live on September 19, 2023, SimpleSwap allows users to benefit from the tight spreads and excellent pricing of a CLOB \u2013 <\/span>but with the look and feel of the AMM atomic swaps that are ubiquitous in DeFi.<\/p>\n As a result, Dexalot traders will be able to swap between tokens quickly and easily via a clean, uncluttered interface. This feature will complement the existing order book format.<\/p>\n When executing trades using SimpleSwap, users will be able to trade directly on the Dexalot platform or via third-party aggregators.<\/p>\n Thanks to integration with multiple aggregators, Dexalot is making SimpleSwap available to users wherever they prefer to trade.<\/p>\n This will enable them to tap into the superior pricing that is synonymous with Dexalot including unrivaled onchain pricing for assets such as WETH.e and BTC.b.<\/p>\n To further support its efforts to enhance user experience, Dexalot is releasing SimpleView. This quick-look account abstraction feature helps users check the status of their portfolio at a glance.<\/p>\n Because traders typically have assets in various markets when using a CLOB exchange, it can be hard to keep track of tokens.<\/p>\n SimpleView solves this problem, making it easy for traders to determine their portfolio value and composition.<\/p>\n Berk Ozdogan, head of strategy at Dexalot, said,<\/p>\n \u201cSimple Swap has the potential to become the perfect conduit for the most capital-efficient liquidity to get to traders. CLOB-style trading is the only way to trade in TradFi because of its capital efficiency \u2013 <\/span>and this wasn\u2019t possible in Web 3.0 until Dexalot.<\/em><\/p>\n \u201cWith Simple Swap, we now have the perfect atomic transaction capability without compromising on the quality of liquidity like AMMs and AMM variants do.\u201d<\/em><\/p>\n Matthew Schmenk, BD at Ava Labs, added,<\/p>\n \u201cDexalot\u2019s central limit order book architecture makes for some of the best swap pricing in all of blockchain, and with SimpleSwap, Dexalot should win a lot of swap routes and volumes.\u201d<\/em><\/p>\n Since launching on its own Avalanche Subnet, Dexalot has processed over 17 million transactions with daily trading volume of up to $5 million.<\/p>\n Its team includes financial veterans with a background on Wall Street, whose experience has been brought to bear in developing Dexalot as the most advanced decentralized exchange of its kind.<\/p>\n Additionally, Dexalot was just awarded up to $3 million in incentives for users from Avalanche\u2019s Multiverse Fund.<\/p>\n Dexalot is a decentralized exchange that brings the traditional centralized exchange look and feel to a decentralized on-chain application.<\/p>\n The Avalanche-powered CLOB (central limit order book) DEX represents an accessible and transparent environment where Dexalot users can trade crypto securely and efficiently, with no slippage or custody risk.<\/p>\n Learn more here<\/a>.<\/p>\n Dan Edelstein<\/a>, MarketAcross<\/p>\n Follow Us on Twitter<\/a> Facebook<\/a> Telegram<\/a><\/span><\/p>\n
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Dexalot \u2013 <\/span>the DEX (decentralized exchange) operating on an Avalanche Subnet \u2013 <\/span>has launched two major new features.<\/h5>\n<\/blockquote>\n
About Dexalot<\/strong><\/h5>\n
Contact<\/strong><\/h5>\n
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