Soldex, a decentralized exchange (DEX) built on Solana, and Speqto Technologies, a software technology firm, have partnered to accelerate the former’s DEX solution. The two will also jointly develop and program Soldex’s AI-powered bots, which it uses to deliver parts of its services to its client base.
Notably, Speqto Technologies was the company of choice since it has wide experience in building DEXs and AI trading bots. Since the finalization of the partnership, the pair are now working on six vital features, namely: token smart contract, wallet APIs and integrations, DEX development, staking smart contract and integrations, web applications, and AI bots implementation.
Speqto Technologies Pvt Ltd. is a global market leader in the field of software technology and innovations. The firm has over 6 years of experience in building safe and world-class CMS, Web, Mobile CRM, ERP, Blockchain, AI & ML, IVR, VAS, and Fintech domain platforms.
Soldex, on the other hand, is a native and scalable DEX built and governed by the Solana community. The platform is one of the first basic DEXs built on the Solana blockchain. Unlike centralized exchanges (CEXs), Soldex is non-custodial. Users can, therefore, trade their tokens without first giving up their ownership to the exchange. Soldex.ai also lets users trade safely, using peer-to-peer connections with liquidity that is supplied by users themselves.
Additionally, the third-generation crypto exchange aims to solve the CEXs’ issue of order-matching. Other than that, Soldex employs advanced machine learning and neural network algorithms to address trustless custody, centralization, and also order matching in DEXs.
One of Soldex’s core features is community governance. This allows token holders to establish consensus by introducing new proposals for voting or voting on governance proposals. Another is its permissionless nature for users to trade any trade pairs from the best, with backing from the safest oracles. Moreover, Soldex incentivizes liquidity provision to guarantee instant trades. The ecosystem’s foundation layer attracts assets and creates incentives for empowering its financial products. Lastly, Soldex has real-time settlement and light-speed swaps for quick and efficient user trading experiences.