Newdex is a decentralized exchange (DEX) that was originally built on the EOS blockchain and expanded to support the TRON blockchain in 2019. It is one of the first DEXs in the EOS ecosystem with a focus on secure, transparent, and fast transactions, aiming to promote the idea of decentralization with "user assets and security first" as its core principles. Below is a detailed analysis of Newdex, based on publicly available sources and current data.
Origin and development
Newdex went live on the EOS mainnet in August 2018, marking an early exploration of decentralized trading within the EOS ecosystem. According to Defiprime's article on Newdex, whose goal is to "democratize decentralization," users only need to have an EOS account and wallet to trade, without the need to register or deposit funds into an exchange. This design minimizes asset security risks and avoids the risk of misappropriation or runaway of funds that are common in centralized exchanges.
Newdex's team remains anonymous but is reportedly endorsed by well-known investment institutions. Although the team's background is not disclosed, its technical implementation has received a lot of attention. The platform initially adopted the model of "matching off-chain and settlement on the chain", but then upgraded to fully on-chain matching and settlement, further improving the degree of decentralization. Its smart contracts have passed SlowMist's security audits, ensuring the reliability of the platform.
Technology & FeaturesNewdex
runs on the EOS blockchain and takes full advantage of EOS's high transaction speed (4,000 TPS, much higher than Ethereum's 15-20 TPS) to provide users with a fast transaction experience. According to Cryptowisser Newdex's comprehensive assessment, Newdex supports multi-chain and cross-chain transactions, including the EOS mainnet and its sidechains (e.g., BOS, MEETONE, ENU, FIBOS, TELOS), as well as the TRON blockchain and its native TRC-10 token.
The features offered by the platform include:
- Basic Trading: Supports 64 trading pairs, covering a wide range of tokens.
- Advanced features: including leveraged trading, derivatives, futures, credit card purchases, fiat gateways, launchpads, OTC (over-the-counter trading), staking, desktop apps, and mobile apps. The
- flat rate of 0.1% on transaction fees and the fact that there are no listing fees for token developers make it attractive in the EOS ecosystem.
Competition and future goals
- Newdex's main competitor is centralized exchanges, but it also sees other DEXs (such as Whaleex) as contributors to the ecosystem rather than direct competitors. According to the Defiprime article, Newdex wants to be the most preferred investment platform for EOS users and plans to expand to more blockchains (such as TRX) to enable multi-chain and cross-chain transactions. In addition, it has also shown innovation potential in the DeFi space, and more applications beyond DEXs are expected.
- ConclusionNewdex is a decentralized exchange based on EOS and TRON blockchains that focuses on secure, transparent, and fast transactions. It supports multi-chain and cross-chain transactions, offering a wealth of DeFi features. However, as of 2025, its low trading volume and lack of significant news or updates may indicate that it is not as active as it was in the early days.
