Dexilon logo

Dexilon

Dexilon is a decentralized derivatives exchange (DEX) built on a limit order book powered by its own native blockchain. It offers self-custody, permissionless trading of perpetual futures and other derivatives, aiming to serve crypto traders who want transparent, on-chain settlement without KYC.
Distributed

Description

Dexilon presents itself as the first decentralized exchange run on a limit order book powered by a native blockchain, democratically managed by its community in a trustless and verifiable way. Its product suite includes the Dexilon Terminal, a trading tool offering liquidity distribution analytics across exchanges, an exchange liquidity validation tool (scam score), an arbitrage opportunities monitor, listings/delistings tracking, and volume distribution analytics. Core features include decentralized derivatives (perpetual futures, cash-settled delivery futures, options and exotic derivatives), a decentralized limit order book run across a distributed network, self-custody and permissionless trading via crypto-wallet connection to smart contracts, decentralized data oracles for real-time pricing, transparent and auditable on-chain trade settlement, liquidations and fees, and liquidity incentives redistributing trading fees between takers and market makers. Dexilon targets crypto traders seeking a transparent, non-custodial alternative to centralized exchanges, currently offering USDC-margin perpetual futures with plans to expand into delivery futures and options; no KYC is required to trade.