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By Griff Published April 16, 2022

Atomic DEX

Unlike other DEXs on the blockchain, Atomic Dex solves the problems of permanent loss and vampire attacks by using a decentralized P2P order book. AtomicDEX does not limit trading to a single blockchain protocol, instead, it offers the broadest cross-protocol support in the entire blockchain area. Trading digital assets like BTC, ETH, all ERC-20 tokens, and KMD on Atomic DEX is easy because no proxy tokens are required.

What Makes Atomic DEX Special?

AtomicDEX is an end-user application built on top of Komodo DeFi Engine, an open-source atomic swap protocol complete with a DEX feature set and APIs. It is a version that combines the capacity of a secure multi-coin wallet with the peer-to-peer trading functionality of a decentralized exchange.

The exchange of digital assets is done directly from one trader to another (peer-to-peer) with Atomic DEX. In short, you never have to give up control of your funds to make this trade. You can easily make all your transactions, or store your treasure without any need of withdrawing your assets.

Features of Atomic DEX

For now, Atomic DEX only lets you store 25 different coins and it can technically support more than 95 percent of all assets, including Bitcoin, all UTXO-based coins, Ether and ERC-20 tokens, and any coin that supports time-hash locked payments.

Atomic DEX uses a new order matching system that improves the security, stability, and simplicity of trading digital assets. Atomic DEX will provide a tremendous security boost for all users and reduce the liability of exchanges currently responsible for protecting users’ wealth.

Note that Atomic DEX is different from exchange platforms because it never holds, controls, or manages the funds.

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