Swap

The popularity of decentralized exchange was a hit in 2020 and will continue to grow in 2021. The total daily volume of UniSwap is $1.5B. Where the total daily volume of all exchanges together hit a stunning $140B daily.

Still today, the Centralized Exchanges have a market share of over 90%. This is due to the fast transactions, which are not possible if an exchange is only decentralized. The blockchain processing time takes time (up to 10 seconds), while the fee can hit over $10 for a swap between tokens. Imagine an exchange that combines centralized with a decentralized method. Everybody can trade decentralized with the speed of lightning and fees as low as a few cents. That is what EthereumX is going to offer.

Integrating multi-chains

By integrating other blockchains like Matic and Polkadot we can offer a higher transaction performance with a lower fee. For example, Matic and Polkador can handle over 5k transactions per second; this will ramp up trading during on-peak hours on the Ethereum network. By building a bridge for Matic and PolkaDot, we will offer a seamless integration when trading your favorite token.

Layer 2 technologies

Another technology which we can use is Raiden. Raiden stands for fast, cheap, and scalable token transfers for Ethereum. Integrating Raiden means we can enable instant trading as low as a few cents. Another stunning protocol is Zero-Knowledge Proofs. This protocol runs on top of the Ethereum blockchain and swaps the tokens in another layer.