Crypto Stories

Solana-Built Soldex Partners with Larix Protocol

By Parasshuram Shalgar
Published January 13, 2022 Updated February 2, 2022

The pace at which the cryptocurrency industry is surging leads to many concerns. Some of them are security and robustness, onboarding newbies, abutment custody and order matching on exchanges, user experience, etc. All these issues demand a third generational decentralized exchange as a solution.

It is for sure that an active DeFi user experiences few drawbacks while using a DEX. Some of them are moderate transaction speed, short volumes, costly gas fees, poor liquidity, faulty user experience, etc. Soldex – a 3rd generational DeFi protocol built on Solana, focuses on solving these issues.

Soldex – a Next Generational DEX

Soldex is the fastest, easiest, and most user-friendly Solana-built Decentralized Exchange. It can be considered as the next generation in DeFi evolution aiming to service all market conditions, round the clock. 

Soldex intends to rectify the affairs faced by order-matching centralized exchanges and suspicious custody within the ongoing decentralized exchange as a 3rd generational exchange. Using Soldex, users can adore decentralization as well as AI trading.

The Soldex protocol is assembled to bestow significant advantages to the users. Users can enjoy enhanced transaction speed, automated trading, and a user-friendly interface.

Soldex Recent Partnerships

Soldex, Solana-built Decentralized Exchange initiates the partnership with Larix. Larix is the 1st ever metaverse-based finance protocol on the Solana ecosystem. The Soldex team had lately announced its partnership with Larix.

Larix grabs the title of being the 1st & solely protocol supporting LP mortgage. It will even lend itself to auto-compounding. Owing to this partnership, the two protocols can sync and work together.

Larix stands to be the supreme borrowing and lending protocol on the Solana blockchain. Larix has generated more capital-efficient risk management pools. This feature of addressing the risk ensures a safe/secure selection of collateral types, stablecoins, NFTs, crypto tokens, and synthetic assets.