DogeDEX Reaches 10,000 Users
Very Atomic, Such Swaps, Much Wow!
DogeDEX - the first branded DEX built with Komodo AtomicDEX API - has surpassed 10,000 users only two weeks since launch. DogeDEX is a multi-coin wallet and atomic swap-powered DEX rolled into one application built specifically for the Dogecoin community. Under the hood, DogeDEX works differently than other decentralized exchanges. Rather than being built on a single blockchain network, DogeDEX is a cross-chain/ cross-protocol application built using Komodo’s atomic swap technology.
Users can trade DOGE directly from the non-custodial DogeDEX wallet. BTC, ETH, LTC, KMD, and thousands of assets across dozens of blockchains allow for native trading - no proxy tokens required. DogeDEX doesn’t involve deposits or withdrawals. Send and receive DOGE and other assets whenever you want from your personal DogeDEX wallet - no wait times.
The 10K Milestone: DogeDEX To The Moon
Reaching 10,000 users is one small step for Shibas, one giant leap for DEX technology. So what’s next?
- The team behind DogeDEX is working hard to make it possible to buy DOGE directly in-app with fiat using a debit/credit card.
- DogeDEX will expand beyond mobile support by launching a desktop app for Windows, Linux, and MacOS.
- Liquidity providers will be onboarded to DogeDEX as well as all other DEXs on Komodo’s DEX network - making it easier to trade on the peer-to-peer network.
An Ode To Doge: DogeDEX In The Media
Branded DEXs: The Next Big Thing In Crypto
DogeDEX is a great accomplishment for DEX technology, but the party is just getting started! Komodo is currently working with a few crypto communities to develop more branded DEXs. Several blockchain networks that haven’t been able to have a decentralized exchange for their native currencies before can now achieve this vision thanks to Komodo’s DEX technology.
Even if your protocol and coin aren’t currently supported, our engineers will work with your team on integration! 99% of cryptocurrencies in existence are compatible with Komodo AtomicDEX API - the technology that powers DogeDEX, AtomicDEX, and any other GUI application built on top of it.