Dexalot

Dexalot

Own your trade with a secure, fast and low-cost dex. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
AUD43—65m (Dealroom.co estimates Feb 2022.)
United States (HQ)
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DateInvestorsAmountRound
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N/A

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$7.0m

Early VC
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N/A

$3.0m

Early VC
Total FundingAUD15.5m

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Dexalot is a pioneering decentralized exchange (DEX) that aims to replicate the traditional centralized exchange experience through an on-chain application. Operating in the cryptocurrency market, Dexalot serves individual traders and institutional investors looking for a secure, fast, and low-cost trading platform. The business model revolves around facilitating peer-to-peer transactions without intermediaries, ensuring near-instant settlement and high transactional throughput with a finality of 1-2 seconds. Dexalot generates revenue through transaction fees, which are kept low to maximize user returns. The platform's core features include a Central Limit Order Book (CLOB) for transparent and fair trading, integration with popular wallets like MetaMask, and a strong emphasis on security. By eliminating custodial risks and intermediaries, Dexalot provides a seamless and efficient trading experience.

Keywords: decentralized exchange, low fees, high speed, secure transactions, on-chain application, Central Limit Order Book, MetaMask integration, non-custodial, peer-to-peer, cryptocurrency trading, institutional investors.