How it works

Building the Future of Decentralized Exchange.

The ecosystem of digital assets demands new ways to exchange assets that today's centralized exchanges simply can't deliver. Exchanges are not living up to the promise of self-custodianship and free exchange with anyone in the world, whereas this is precisely what makes assets like bitcoin the revolution that it is. We are on a mission to change this.

We at Exchange Union are building xud, the software for a decentralized exchange network called OpenDEX. It brings market makers, exchanges and individual traders worldwide onto a single trading network and liquidity pool. OpenDEX is designed to address one of the most challenging reasons why decentralized exchanges haven't taken over yet: lack of liquidity

Built on layer two technology, transactions on OpenDEX are instant and trustless, which means all parties remain in control of their funds at all times. OpenDEX is a free and open marketplace where anybody can become a market maker and earn for providing liquidity, or access liqudity as company or individual trader.

FAQ.
  • Q0
    Why?
    0
    Why?
    We believe the future of how we exchange digital assets should be different from the current system based on centralized exchanges. The current system requires trust, giving up custody of funds and is tightly controlled by regulators who demand exchanges to deny access to many in the first place. Exchanges are falling victim to this system themselves by being shut down or banned by regulators, which leaves markets being dominated by very few. We are on a mission to change this.
    x
  • Q1
    How?
    1
    How?
    With OpenDEX, an open and decentralized exchange network where funds stay in user control at all times and liquidity is globally accessible by anyone. No account, no KYC, no personal data, no discrimination and an incentive scheme to drive liquidity.
    x
  • Q2
    What?
    2
    What?
    We at Exchange Union are building xud, the software for a decentralized exchange network called OpenDEX. It brings market makers, exchanges and individual traders worldwide onto a single trading network and liquidity pool. Revolutionary in concept, OpenDEX is designed to address one of the most challenging reasons why decentralized exchanges didn't take over yet: lack of liquidity.
    x