Decentralized Exchange Protocol
Decentralized exchange works the opposite way how centralized exchange operates. It is the platform that facilitates the peer to peer transactions of cryptocurrency while maintaining the assets in users' individual wallet. Importantly, only crypto to crypto exchange is possible in DEx whereas Fiat-crypto exchange is possible in CEX. That’s why Decentralized exchange is meant for advanced crypto traders who have the experience in it.
Decentralized exchange script
Decentralized exchange script is the pre-built programming source code or software that is intended to do the operations of decentralized exchange when deployed. The script should be composed with essential elements like hardware wallet access, multi-crypto support, atomic swap engine, liquidity pool and audited smart contract code.
Whitelabel Decentralized Exchange DEX software
White label decentralized exchange software can enable anyone to start decentralized exchange in an easier way. You can simply buy decentralized exchange source code, make consolidated changes in appearance, create a secure smart contract logic and operate the exchange in a swift manner.
Core benefits of decentralized exchange
- Reducing hacking risk
- Avoid market manipulation
- End-to-end privacy
For DEX maker
- Automated market making
- Less operational cost
- No single point of regulation
Business model of Decentralized exchange
Transaction fees - Users in the decentralized exchange are charged with 0.01% of transaction value. The smart contract is written and defined to execute the process automatically. No alteration is carried.
Crypto Listing - The token owners can list their coins in the decentralized exchange by offering a particular fee. Some exchanges are levying a revenue sharing option in the coin enabled. Coin owners pay a percentage of commission for every coin sale.
Market making charges - To enable the liquidity pool in DEx, users are given permission to invest & hold cryptocurrencies in trading pairs to earn the interest from it. Users are then assigned with transaction fees when a smart contract executes.
Premium features in decentralized exchange script
- Atomic swap engine
- Unlimited crypto support
- Decentralized exchange smart contract
- Wallet extension integration
- Decentralized exchange liquidity pool
- Peer-peer chat integration
- Native token integration
- Defi ecosystem creation
- Decentralized order book
Add-on Features in decentralized exchange script
- DEX trading smart contract
- Secure wallet extension
- Hack-proof source code
- Decentralized exchange API
- DEX arbitrage smart contract
- DEX aggregators integration
How to create decentralized exchange?
Step 1 - Whitepaper creation
Step 2 - Front end documentation
Step 3 - Backend infrastructure setup
Step 4 - Link the smart contract
Step 5 - Liquidity pool creation
Step 6 - Testing & Launch
Decentralized Exchange Clone Script
Decentralized Exchange Clone Script is nothing but a ready-to-use decentralized exchange template that’s cloned from existing decentralized exchanges. Altering the source codes, front end become possible in clone script and reduce the developers time in code development process. Well documented decentralized exchange clone script is available with us, speak to our experts to get a demo.
Best DEX Clone Script you can use
- 1inch exchange clone script
- Uniswap clone script
- Pancakeswap clone script
- Bakeryswap clone script
- Polkaswap clone script
- Safemoon clone script
How long will it take to set up decentralized exchange?
With the help of a decentralized exchange script, you can launch the exchange in a maximum of 2 weeks. Meanwhile, when you go for development from scratch, it will take 6 months to finish. It is always advisable to outsource the development process to experienced developers who are having prior experience in it.
Why choose Hivelance for decentralized exchange development?
Being in the landscape for over 10+years, technical experts at Hivelance are the backbone of some popular decentralized exchanges. We continue to deliver outstanding works from even startups to big unicorns. We understand, evaluate, and empower your decentralized exchange with all the super power needed. Get a visual presentation of our decentralized exchange script by dropping your details below.