funded
Cosmex– Level 2 ⚡-speed Cardano Order Book Exchange
Current Project Status
In Progress
Amount
Received
Received
₳16,000
Amount
Requested
Requested
₳100,000
Percentage
Received
Received
16.00%
Solution
COSMEX combines ⚡-speed of centralized exchanges and ownership guarantees of decentralized protocols using state channels. No slippage fees, fast off-chain order book trading, L1 settlement, no KYC.
Problem
Centralized exchanges give you no asset ownership guarantees, require KYC.
L1 DEXes are slow and expensive, liquidity providers suffer impermanent loss.
Impact Alignment
Feasibility
Value for money