Ren

by Republic Protocol

(0)
View Profile

Newdex

by Newdex

(0)
View Profile

Synthetix Network

by Synthetix

(0)
View Profile

Ren

by Republic Protocol

(0)
View Profile

Newdex

by Newdex

(0)
View Profile

Synthetix Network

by Synthetix

(0)
View Profile

What problem does this service solve?

Republic Protocol aims to facilitate large cryptocurrency orders with minimal effects on their market price.Newdex hopes to allow users to trade a variety of cryptocurrencies, with faster transaction times.Synthetix allows users to trade collateral based assets on the Ethereum blockchain.

Token Stats

Not Relevant

Company Description

Ren, previously known as the Republic Protocol, is a decentralized dark pool exchange protocol; designed to support large volume trades, without effecting the prices of the assets being traded. The blockchain-based, dark pool protocol has built in privacy mechanisms and is provably fair. It uses secure multi-party computation (sMPC), and a network of Darknodes, to match orders without exposing their volume or price. Their private order book will also enable cross-chain trades of tokenized assets. The Singapore based company is also developing RenX, a decentralized dark pool exchange, built with the Republic Protocol. REN is the network's utility token. It provides security to the network, and is staked to enable the operation of a Darknode in the network.

Newdex is the first EOS based decentralized exchange. It's built on the EOS main chain and uses an off-chain matching mechanism to pair buyers and sellers. Newdex was hacked in September 2018, and lost around $58,000 worth of cryptocurrencies. Trading fees are 0.1%.

Synthetix, previously known as Havven, is developing a decentralized exchange that will allow users to trade a variety of collateralized stablecoins and commodities. The Synthetix network is built on Ethereum, and is powered by the SNX token, which works together with the Synth token to provide traders with opportunities to buy and sell assets on the Ethereum blockchain, through a distributed collateral pool.

Ratings

(0)

(0)

(0)