ChainCatcher news, according to Chainwire, the decentralized trading platform Dexalot has announced the launch of its central limit order book DEX on Arbitrum. This move marks Dexalot's first step in expanding beyond the Avalanche ecosystem.It is reported that Dexalot operates its existing CLOB trading platform on a dedicated application-specific chain, which was launched in February 2023. The decision to extend Dexalot's trading infrastructure to Arbitrum will bring a robust set of features to users of Ethereum L2.

ChainCatcher news, the Avalanche Foundation will provide up to $3 million worth of AVAX tokens to the decentralized trading platform Dexalot built on the Avalanche subnet, as part of the Avalanche Multiverse initiative.It is reported that the Avalanche Multiverse is an incentive fund aimed at promoting the growth of new subnets, with funds to be released over 12 months through the Dexalot incentive program starting this fall.

ChainCatcher news, the decentralized trading platform Dexalot has announced the launch of the first centralized limit order subnet on Avalanche. Dexalot is an EVM protocol compatible with smart contract development. The Dexalot subnet aims to balance the user experience of centralized exchanges with decentralization and transparency, designed to provide an on-chain centralized limit order book (CLOB) with low trading fees, fast transaction speeds, and support for cross-spot trading pairs.In addition, Dexalot has announced the launch of an incentive program, DIP, which will provide active traders with up to $4.8 million in ALOT tokens over the coming months. (source link)