Gridex Protocol will launch on Arbitrum and initiate the second round of airdrops
Gridex Protocol will launch on Arbitrum on March 1 and start the second round of airdrop.Author: Gridex Protocol
Gridex is a technologically advanced fully on-chain order book trading protocol, set to launch on March 1 on the Arbitrum platform and kick off its second round of airdrop activities. The collaboration between Gridex and Arbitrum is a milestone, leveraging Arbitrum's layer two scaling technology to provide users with low gas fees and faster, more efficient trading services.
By adopting Arbitrum's layer two scaling technology, Gridex achieves high throughput and low-latency trading, with costs significantly lower than those on the Ethereum network. Additionally, the Arbitrum ecosystem offers strong network effects. Gridex Protocol's powerful integration capabilities ensure it can tap into a broader user base, attracting more liquidity to the platform and continuing its overall strategy of providing users with the best DeFi experience. By utilizing the latest technologies and collaborating with leading industry players, Gridex Protocol can offer comprehensive DeFi solutions that meet diverse user needs.
Gridex Protocol: Next-Generation DEX Protocol
Gridex Protocol is the first fully on-chain order book trading protocol in the Ethereum ecosystem and currently the only order book protocol that allows anyone to freely create any trading pair without permission. Gridex Protocol fills the technological gap for on-chain decentralized trading primarily dominated by AMM, and its application will promote further large-scale use of DeFi.
Gridex Protocol addresses the high-cost issue of introducing CEX-based matching algorithms into the chain through its self-developed Grid Maker Order Book (GMOB) mechanism and Grid Price Linear Movement (GPLM) algorithm, while also solving the impermanent loss and slippage issues brought by traditional DEX based on AMM, providing users with a CEX-like smooth trading experience while ensuring on-chain transparency of user assets.
Through its innovative "Maker Orders," Gridex achieves the same order book gas costs as AMM with zero slippage and negative fees, while Gridex users can obtain more liquidity through other users and DEX applications within the Gridex ecosystem.
To comprehensively ensure the security of user assets, Gridex Protocol employs the auditing services of leading blockchain security company CertiK, covering content including smart contracts, on-chain order books, and overall security architecture, with no critical vulnerabilities or high-risk issues found.
Second Round Airdrop: Lasting 10 Days, Total of 2 Million GDX
The first round of 4 million GDX airdrop for Gridex ended on February 14, with high user participation, quickly claimed within 24 hours. The second round of 2 million GDX airdrop plan will start on March 1, lasting for 10 days, with 200,000 GDX distributed each day.
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