A First Look at Paradex

An ERC20 relay launching mid-November

Before we get to the good stuff, we’d like to start by saying we’re flattered and humbled by the excitement & interest that followed our first announcement.

While our team is heads-down fine-tuning and adding finishing touches to Paradex (fueled by your encouragement and copious amounts of coffee), we wanted to share a first-look at our upcoming relay and some of its features.

Architecture

We believe users shouldn’t have to sacrifice traditional trading features for security. Unfortunately, until Ethereum block times scale, we feel that a professional, real-time trading experience isn’t quite practical (at least not yet) in a 100% decentralized system.

Our team saw an opportunity for a pragmatic and hybrid solution, opting to decentralize the most security-critical components of a relay, while relying on the speed and scalability of a traditional, off-chain architecture for everything else.