KalqiX's Central Limit Orderbook (CLOB) decentralized exchange (DEX) has processed over 198 million transactions in its first month of mainnet operations, marking a significant milestone for the Web3 startup. Launched in April, the platform has attracted more than 7,300 users, executing 85 million trades and handling 100 million orders across 4.8 million blocks.
KalqiX's success highlights the growing demand for high-performance decentralized trading platforms that offer fast execution without compromising on privacy and self-custody. The DEX utilizes an off-chain matching engine to achieve sub-10-millisecond latency, matching the speed of centralized exchanges while maintaining decentralized principles through zero-knowledge proofs for secure on-chain settlement. This approach reduces slippage and enhances pricing efficiency, providing a competitive edge in volatile markets.
KalqiX CLOB DEX Processes 198 Million Transactions in First Month
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