Decentralized exchange (DEX) development
INC4 builds custom decentralized exchanges (DEX) for secure and transparent cryptocurrency trading, utilizing blockchain and smart contract expertise. Our services include design, development, integration, and testing of the created platform.
Looking for a reliable partner for DEX development?
Our decentralized exchange software development company specializes in creating DEX using the latest blockchain technology. Employ our solutions to bring your users the opportunity to trade cryptocurrencies without a central authority, ensuring security and transparency.
Decentralized vs traditional exchanges
- Limited security measures against hacks and phishing attacks
- Restricted control over assets
- Higher trading fees
- Mandatory KYC and AML verification processes
- Government regulations may restrict certain users from specific geographic regions
- Users have full control over their crypto assets
- Minimal or zero trading fees
- No registration requirements
- DEXes are decentralized and lack central authority
- Built on secure blockchain technology, making them highly resistant to hacks
What kind of DEXes we can build
P2P DEXes use smart contracts for direct cryptocurrency trading between users’ wallets, without the need for a central authority. These exchanges offer privacy, security, and asset control. P2P DEXes offer the advantage of decentralization, but may require innovative solutions to ensure sufficient liquidity and maintain healthy trading volumes and pricing.
These platforms operate through smart contracts that automate trading instead of relying on user interaction. The smart contract maintains a liquidity pool for a specific cryptocurrency pair. Users can provide liquidity to a pool and earn a percentage of the trading fees, along with additional rewards.
Order book DEX operates using this specific service, much like traditional exchanges. It allows users to place buy and sell orders, and the matching engine executes trades based on these orders. Orderbook DEX is ideal for users who are looking for a decentralized alternative to traditional exchanges while still having access to familiar trading features.
Our decentralized exchange development services
We offer decentralized exchange integration services to help businesses seamlessly merge their platforms with DEXs. With our cutting-edge blockchain technology expertise, we ensure secure and transparent crypto-solutions for our clients, without the need for a central authority.
Our expert developers can create custom DEXs that provide secure and transparent trading for users, without the need for a central authority. We offer end-to-end DEX development services, from ideation to launch, and can provide ongoing maintenance and support.
Our expert developers can create custom smart contracts that enable direct trading between users, eliminating the need for intermediaries. We deal with a wide range of applications, from supply chain management to finance and more, tailored to meet the specific needs of each client.
Our team can easily combine the best of CEX and DEX, such as higher liquidity, faster order execution, increased security, and transparency. We can integrate a centralized order book DEX with decentralized settlement, or use a hybrid order book DEX that allows for direct peer-to-peer trading.
Included features in our decentralized exchange development service
This is an essential feature for DEX projects as it allows for greater liquidity and user adoption, as well as providing flexibility for users who may hold various digital assets. Our expert developers can integrate various blockchain networks and protocols to ensure a diverse range of cryptocurrencies are supported on the platform.
It allows users to view their previous transactions on the platform, providing transparency and security in their trading activities. Additionally, having a transaction history feature can aid in regulatory compliance, allowing users to provide a clear record of their trading activities if required.
2FA provides an additional layer of protection against unauthorized access to user accounts. It requires users to provide a secondary verification code, typically sent to their mobile device or email address, in addition to their password when logging in.
It ensures that all transactions between parties are automatically executed based on the predetermined conditions coded in the contract. This feature enhances the transparency, security, and efficiency of DEXs by eliminating the need for intermediaries and reducing the possibility of fraudulent activities.
It enables users to buy and sell cryptocurrencies using traditional payment methods like credit cards, bank transfers, and e-wallets. This feature is essential for projects that aim to attract mainstream users who may not be familiar with cryptocurrencies.
Hardware wallet integration is a feature that allows users to store their digital assets offline, providing an additional layer of security. By integrating hardware wallet support into a decentralized exchange, your users can have a more secure and reliable trading experience.
What sets INC4 apart in the field of DEX development?
Our decentralized exchange software development process
This phase aims to bring everyone involved on the same page. Before starting Discovery, we get to know each other and define actual business needs and your personal expectations and how we can fit them.
The most important step is research. We don’t start coding at random; we conduct fundamental research and produce a comprehensive action plan to implement.
Still no development yet. After the research, we craft the product’s architecture and measurably think through the user flow. Only after designing the foundation can we move further.
Here is where the project appears. Blockchain engineers, Back-end and Front-end developers work in synergy to craft the best-in-class outcome.
No release is made without testing. We have a high-qualified QA team who test all the product peculiarities on testnet, devnet, and remote mainnet before going public.
We don’t launch projects and leave them. We are highly interested in projects’ success and continue to be involved in their growth by supporting products and developing new functionalities.
Blockchain networks we work with
Tech stack we use
Ref Finance is a key DeFi project on Near Protocol, aiming to unite the main components of DeFi, including DEX, lending protocols, and synthetic asset issuers. The INC4’s team was contacted to develop a generic RatedSwapPool and custom peg implementation for stNEAR/NEAR, utilizing Rust smart contract technology and U384 math upgrades. With support for stable pools and accurate liquid staking asset value calculations, Ref Finance has attracted additional liquidity and increased user activity.