Market Demo for Tron (TRX)’s Decentralized Exchange Goes Live

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Market Demo for Tron (TRX)'s Decentralized Exchange Goes Live
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Tron has just released a market demon for TronWatch, to show what the decentralized exchange would be like. This achievement came as a result of the tying of knots between Tron and some developers.

In a tweet, Tron foundation announced the demo DEX ;

“Check out @TronWatch’s decentralized exchange #TronWatchMarket. The community developers behind one of #TRON’s first fully-featured DEX just released the beta and it already looks incredible! “

As reported by Tronwatch, the demo runs on Testnet, all the trade are being carried out on smart contracts.

 “The demo is running on Testnet and all trades are being executed by our smart contract. This means that although it’s not real currency yet, what you see will function on Mainnet in the same way. We have a few bots actively trading on TronWatch Market, so sit back and watch the charts, order book, and recent trades for a minute.”

The smart contracts check the orders and transfers to the Tron network. The foundation believes this is a better way for them to prove what they hope to achieve.

“We hope this demo helps convey both what TRON is capable of and the great DEX we are building. There’s still a ton to do, but we won’t slow down until launch.”

The Decentralized exchange has the same look you can see in any other exchange platform, easy to get around. Users can enter orders as limit orders. It requires confirmation when an order is submitted, offers are also stored of chain and produced when needed.

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The foundation had a developer meet up and tweeted it was fantastic;

“We had a blast meeting everyone who came to our second developer meetup in SF! Our engineers prepared easy tutorials and walked us through the mechanics of the #TRON protocol. Excited to host more meetups in the future!”

The demo looks promising and of top-notch, bots were set to test run trade during the preparation for the launch. The trading looks a bit normal and faster than some other platforms using generation 1 DEX like EtherDelta.

The token sales for the TronWatchMarket are just ending, this is yet another step for Tron to decentralize the web and enable contents produced and delivered seamlessly.


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The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.