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IDEX
IDEX
IDEX

$0.00088615

-2.69%
  • Market Cap
    $870,210.547
  • 24 Hour Trading Vol
    $7,993.921
  • Fully Diluted Valuation
    $886,146.029
  • Circulating Supply
    1,000,000,000
    100.00% of total supply
  • Total Supply
    1,000,000,000
  • Max Supply
    1,000,000,000
IDEX
IDEX 2.0 uses Optimized Optimistic Rollup to scale off-chain with fixed on-chain settlement cost.
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Category
DeFi
IDEX Converter
IDEX
IDEX
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Exchange Rate
1 IDEX = $0.00088615
IDEX Price Chart (IDEX)
24h
-2.69%
7d
-1.13%
30d
+12.08%
3M
-50.60%
1Y
-96.88%
YTD
-90.14%
About IDEX

IDEX 2.0, Built on Optimized

Optimistic Rollup

Optimized Optimistic Rollup (O2 Rollup) is a fresh open-source layer-2 approach aimed at enabling scalable applications on public blockchains.

IDEX 1.0 relies on a deposit contract and a single authorized submitter address. This setup supports escrow of funds and the coordination required for trade settlement, making instant off-chain execution possible. The main remaining limitations come from the network settling each trade sequentially. To grow past today’s blockchain throughput constraints, a more effective trade-settlement mechanism is needed.

IDEX created a new approach called O2 Rollup, designed to support unlimited off-chain scaling while keeping on-chain settlement costs fixed. To grasp how this works, it helps to review a few key ideas of the Ethereum network.

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