The stableDEX platform offers a 100% decentralized peer to peer trading environment. By using stableDEX the users retain full custody and control of the assets within their wallet. The platform offers most of the stablecoin pairs that are currently traded and many more asset-backed tokens will be listed ongoing.
stableDEX.io is a truly decentralized exchange (DEX) that brings the freedom of exchanging digital assets without complexity. Based on Erc20 smart contracts, STDEX supports real-time trading and high transaction throughput. The platform supports limit, market and stop-limit orders, gas free cancellation, and the ability to fill multiple trades at once. stableDEX.io consists of a smart contract, a trading engine, and a transaction processing arbiter. The smart contract is responsible for trustless storing all assets and executing trade settlement, and all trades must be authorized by the user’s private keys.
However, unlike other decentralized exchanges, the STDEX smart contract is designed such that only the exchange is authorized to submit signed trades to Ethereum blockchain. This enables STDEX to control the order in which transactions are processed, separating the act of trading from the final settlement. As user’s trade, their exchange balances are updated in real-time, while simultaneously their private keys are used to authorize the trade in the contract. This authorization prevents users from rescinding any completed trades and prevents stableDEX.io from initiating any unauthorized trades. Authorized transactions are passed to the arbiter which manages 10 the queue of pending transactions, dispatching them in sequence to ensure that each trade is mined in the correct order and that the smart contract balances stay in synch with the exchange balances.
By controlling the transaction sequence, stableDEX.io provides the speed and user experience of centralized exchanges combined with the security and auditability of decentralized exchanges. stableDEX.io matches that of centralized exchanges while maintaining the security standards only available to decentralized exchanges; real-time trading and high transaction throughput.