After a successful beta with 4,000+ wallets connected and almost $10 million in value connected, the Dexpools team has announced April 21, 2022 as the official launch date for their multi-chain P2P trading platform.
On launch, the Dexpools team will support peer-to-peer trades on Metis and Ethereum, with rollouts for additional chains in two phases:
Phase 1 (May 2022) – Avalanche, Polygon, Moonriver, Moonbeam, BSC
Phase 2 (June 2022) – OEC, Fantom, Arbitrum, Cronos
Along with the integrations listed above, the Dexpools team has announced partnerships and support from the majority of the parent chains listed above, enabling additional ecosystem growth.
In addition to supporting multi-chain P2P swaps, Dexpools has also revealed two additional products that will supplement their product suite.
Dexpools Limit Order will give users a CEX like experience to create limit orders on popular token pairs. The Dexpools team is finalizing development to allow ease-of-integration with decentralized exchanges and other partners, which will allow quick onboarding and immediate value for all parties involved.
Dexpools NFT provides NFT and GameFi traders with a secure, easy-to-use application to swap ERC 20, 721, and 1155 tokens with their network. The platform is scheduled for beta testing at the end of April, with additional details to be expected soon.
About Dexpools
DEXPOOLS is a decentralized, peer to peer (P2P) OTC DeFi platform. Individual buyers and sellers are able to create trade offers bound to specific wallets and execute a trade via smart contracts. There is no need for an escrow custodian or any trusted third party in the process.
Both buyers and sellers can set up swaps with literally zero slippage or impact on low liquidity markets. The only cost to use the platform is a low transaction fee for both trading parties vs the high slippage seen on most DEXs which can at times exceed 20-30%.
