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Algodex Docs

About

Algodex is a decentralized orderbook exchange built on the Algorand blockchain. It consists of two main components: the Algodex Orderbook Protocol and the Algodex Platform. Taken together, they provide users with an intuitive way to trustlessly trade any ASA on the Algorand blockchain.

Algodex Protocol V2

The Algodex Orderbook Protocol is made up of smart contracts that facilitate the on-chain orderbook. The contracts are written in TealScript which is maintained by the Algorand Foundation. Our V2 protocol allows for the following:

  • Fee Sharing: Anyone can register a Market Pair on our platform and collect a percentage of the generated fees
  • Improved Market Support: Algo to ASA, ASA to Algo, and ASA to ASA trading
  • Unrestricted: Permissionless trading on registered Market Pairs

To learn more about the specific changes between v1 and v2 see more info [here]

Algodex UI

The Algodex Platform is the user interface that allows seamless interaction with the Algodex Protocol. With it users can:

  • View the current on-chain orderbook state of different market pairs with rich pricing data provided by TradingView
  • Place/Cancel/Claim Limit Orders and Execute Market Orders
  • Open New Market Pairs and Claim fee’s from previously opened Market Pairs
  • View the Fufillment status of partially filled open orders
  • Full order history of the different market pairs you’ve interacted with

Accessible through the Algodex.com domain, the platform allows users to manage active orders, view rich charting, and execute trades in a decentralized manner.

Algodex uses TradingView charts to provide a high-quality charting experience for our customers. Stay tuned with the bitcoin chart, eth usd chart and some of other key assets charts on Tradingview for more effective trading.