DeXe is a decentralised social trading platform that enables users to automate cryptocurrency trading strategies through methods like copy trading or mirror trading. It allows users to follow and emulate the trading patterns of experienced traders, offering a social network-like interface for interaction and sharing trading ideas.
DeXe operates on the Ethereum blockchain, leveraging smart contracts to facilitate transparent and secure trading. It also supports cross-chain compatibility with platforms like Binance Smart Chain (BSC). Users can connect their wallets to DeXe, subscribe to traders, and directly copy trades without transferring assets to a centralised platform. The platform employs smart contracts for automating trading strategies and governance, enabling features like wallet-to-wallet copying and supporting a decentralised autonomous organisation (DAO) structure.
DeXe's potential use cases include:
DeXe was launched to provide a decentralised and transparent platform for social trading, allowing users to replicate strategies from experienced traders. It supports cross-chain compatibility and has developed tools like DAO Studio for governance. DeXe has also incorporated advancements such as layer 2 scaling solutions to improve transaction efficiency. Over time, it has established a market presence in the cryptocurrency and decentralised finance sectors.