General Information
IDEX Is A High-performance Decentralized Perpetual Contract Exchange. IDEX's Hybrid Design Combines Off-chain Order Books, Matching And Clearing Engines With On-chain Custody And Settlement. This Approach Combines The Speed And Efficiency Of Traditional Trading Systems With The Transparency And Security Of Blockchain Technology To Create An Unparalleled Trading Experience.
IDEX Runs On XCHAIN, IDEX-specific Arbitrum Orbit Layer 2. XCHAIN's Performance Supports Gas-free And Near-instant Settlement Of All IDEX Transactions. Positions On IDEX Are Collateralized By USDC, Which Is Bridged To XCHAIN Via Stargate's Hydra Protocol.
Built For All Traders, IDEX Offers Instant Execution, Millisecond Latency, And Gas-free Settlement, While Allowing Users To Maintain Full Control And Escrow Of Their Funds.
User Advantages
IDEX's Unique Design Brings Many Benefits To All Ecosystem Participants.
Instant Trade Execution
Instant Execution Means That IDEX Balances Are Updated Immediately. This Allows Active Users To Continue Trading Without Waiting For A Previous Trade Settlement.
Advanced Order Types
Users Are Not Limited To Market Orders, Opening Up More Advanced Trading Strategies. Users Trade Using Order Types Such As Stop Loss, Post Only And Full Position Or Cancel.
High Performance APIs
In Addition To Advanced Orders, IDEX Has Top-level APIs That Comply With The Best Centralized Exchanges. Quickly Port Your Existing Strategies To IDEX.
Place Orders And Cancel Without Gas
Place And Cancel Limit Orders With IDEX's Chain Order Book. There Is No Gas Fee To Place And Cancel Limit Orders. Market Makers Can Constantly Update Their Orders As The Market Changes Without Incurring Additional Costs.
Delegated Key: Delegated Key Allows You To Trade In Real Time Without Having To Approve Each Transaction On Your Hardware Or Software Wallet.
Fee
IDEX Charges The Following:
Liquidity Fee For Withdrawal: 0.03%
Pending Order Fee *: -0.005%
* Maker Rebates
Currently, IDEX Offers Pending Order Rebates As Shown By Negative Pending Order Fees Of -0.005%. Rebates On Pending Orders Are An Incentive Given To Traders Who Increase Market Liquidity By Placing Limit Orders That Are Not Executed Immediately. Instead Of Paying A Fee, These "listed Traders" Actually Receive A Small Payment (0.005% Of The Trade Value In This Case) When The Order Is Filled.
