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Apr 20 9 tweets 3 min read Twitter logo Read on Twitter
We're thrilled to announce our official partnership with @Coredao_Org. To celebrate, we're launching a FREE mining event on the Satoshi APP. 🎉 Thanks to our amazing community for your active participation. Together, we'll build a unique, open exchange unlike any DEX. 🚀 #OpenEX Image
1/ 🚀 Introducing OpenEX, a groundbreaking open trading protocol built on the Core blockchain! Let's explore its unique features and promising future.
2/ 🔗 Unlike traditional CEXs, OpenEX eliminates the need for a centralized account system. Instead, it uses public-private key pairs from wallets to represent identity and authorize transactions.
3/ 🌐 This design makes OpenEX an open-access exchange, allowing any wallet to freely connect and trade without registration or APIs.
4/ 📊 OpenEX offers full transparency with all data made publicly available. It bridges Layer 1 blockchain asset trades with Layer 2 exchange transactions, ensuring traceability and real-time queries.
5/ ✅ This design prevents fake assets, a common issue in traditional CEXs, and makes trading more trustworthy.
6/ ⚡ In terms of efficiency, OpenEX utilizes a multi-node in-memory matching engine, delivering matching speeds on par with leading CEXs.
7/ 📈 Unlike typical DEXs that use automated market-making smart contracts, OpenEX employs an order book matching system, allowing more flexible trading strategies for each pair.
8/ 🌟 Together, we're redefining a new exchange category: OEX - a refreshing alternative to CEXs and DEXs. Join us in shaping the future of trading! #OpenEX #OEX #CoreBlockchain

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Apr 20
Let's Dive into

- A protocol for building the next generation of web3 exchanges A Thread! #CoreDAO #CoreChain Image
1. Overview

#OpenEX is a revolutionary open trading protocol that allows for seamless, unauthorized access to services and fully transparent, verifiable data.

Using L2 acceleration technology, OpenEX offers transaction speeds comparable to centralized exchanges.
2. Benefits

*Complete decentralization and permissionlessness
*High efficiency
*Transparency
*Decentralized governance
*Secure and fair trading environment
Read 6 tweets

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