Will the perpetual DEX mainnet debut be a 'sell-the-news' event for IDEX?

IDEX, the native token of the hybrid decentralized exchange (DEX) and market-making protocol of the same name, has increased 33% over the past 24 hours as it records a surge in investor interest.

IDEX exchange announced the XCHAIN testnet deployment, a Layer 2 network powered by zkEVM-based Polygon Supernets.

IDEX, one of Ethereum's oldest decentralized exchanges, is developing its own Layer 2 chain named Xchain.

This is the so-called “layer 3“, which is a crypto derivatives exchange infrastructure that will allow lower costs and high throughput of transactions on the blockchain, making the Idex trading platforms more scalable and efficient.

We continue our analysis of the most interesting crypto assets of the month, analyzing prices and market statistics, providing the latest news: today we will cover Uniswap, Helium and Idex.

Check this out. Polygon has been making headlines over the last couple of months.

After rising nearly 6% today to reach the $0.07 price level, IDEX could be poised to climb further

The team at digital asset firm Kraken says they are pleased to announce that their crypto trading platform now supports Alchemy Pay (ACH), IDEX (IDEX) and Request (REQ). Funding is live, and trading will “begin on May 31 at approximately 14:30 UTC.