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SoDEX
SoDEX is a decentralized exchange built on the ValueChain blockchain that supports on-chain order book trading for spot, derivatives, and tokenized real-world assets.
Virgin Islands, British
ValueChain
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Description
ValueChain is a Layer 1 blockchain built for high-throughput financial applications using a containerized chain architecture. The base layer (HostChain) runs the consensus algorithm and hosts multiple guest chains stored within its blocks. An EVM-compatible system chain (syschain) manages overall account state and supports standard EVM-compatible decentralized applications. Application-specific chains (appchains) maintain isolated execution environments for individual applications, enabling deterministic high-performance processing. Guest chains are colocated within HostChain blocks, allowing low-latency message passing between appchains without external bridges. The current deployment includes a spot order book appchain, a perpetual order book appchain powering SoDEX, and the EVM syschain as the unified account layer across all appchains.Category: L1
SoDEX
Project Links
Description
SoDEX is an order book decentralized exchange for spot and perpetual trading, deployed on ValueChain. On-chain order matching and settlement run on dedicated appchains, one for spot markets and one for perpetuals. Users retain custody of assets through self-custody wallets and can place limit, market, stop, take-profit, and stop-loss orders. Supported instruments include cryptocurrency pairs, tokenized stock index tokens (SSI), commodities, and other digital assets. Cross-chain deposits are processed through Mirror Protocol, a bridge built on MPC and TEE infrastructure, accepting assets from external networks including Base and custody-supported assets such as BTC, SOL, and XRP. A liquidity vault (SLP) accepts MAG7.ssi and sMAG7.ssi deposits, deploying them as passive market-making liquidity in exchange for a share of trading fees. The platform also includes a portfolio dashboard, an on-chain block explorer, and a SoPoints loyalty rewards program.Category: Decentralised Exchange