RexBit Exchange
Welcome! 🎯
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Welcome! 🎯
Last updated
Was this helpful?
A decentralized exchange that improves user experience & performance.
Trade smarter, faster, and more securely with RexBit Exchange. Experience a revolutionary decentralized trading platform that eliminates gas fees, ensures instant transactions, and keeps your trades private and secure.
Feature
Description
Zero Gas Fees
👉No gas fees for shares within the DEX, making transactions more affordable and accessible. 100% Gas Free.
Zero Latency
👉Sub-millisecond transaction finality for real-time trading without typical blockchain delays. <1ms - <1s Finality.
Zero Friction
👉1-click trading experience, mirroring the ease of centralized exchanges.
Efficiency
👉Trade without MEV, slippage. ~0% Slippage.
Blind Computing Orderbook
👉Private transaction details until execution, ensuring maximum confidentiality and security. Decentralized blind computation. (Athena).
Interoperability
👉EVM agnostic.
👉Trade with users from all blockchains without even realizing it.
👉All your blockain tokens as 1 only.
Hybrid Access
Choose between Web3 (e.g, MetaMask...) and Web2 (e.g, Google...) login methods, offering versatility in access. Multiple Login Options. MPC TSS + AA Technology (Athena).
Bridges
👉Send tokens between blockchains instantly and P2P. Secure & no waiting.
Flexibility
👉Access the DEX through Telegram too for 24/7 convenience and broad user reach (Athena).
On/Off Ramp
👉Seamless fiat and crypto conversions (Athena).
RexBit Exchange leverages Super State Channels and CLOB Blind Computation to deliver a superior trading experience. Here's a simplified overview of the trading process:
Deposit Funds 🔗
Lock your funds into a smart contract (Vault) on your chosen blockchain.
Trade Instantly ⚡
Execute unlimited transactions without gas fees, latency, or friction using state channels.
Withdraw Funds 💸
Unlock and withdraw your funds from the smart contract whenever you choose.
Super State Channels are the backbone of RexBit Exchange, enabling high-speed, private transactions without overloading the main blockchain.
Component
Description
Peer-to-Peer Communication
Decentralized network facilitating direct transactions among users.
Blockchain Escrow Contracts
Secure smart contracts managing deposits, withdrawals, and disputes.
Gas Fees
100% Gas Free
Variable gas fees
Non-existent concept
Transaction Speed
<1ms Finality
Slower due to blockchain confirmations
Fast, centralized processing
Privacy
Private until after execution with CLOB
Public transaction details (MEV)
Centralized data
Interoperability
👉EVM agnostic.
👉Trade with users from all blockchains without even realizing it.
👉All your blockain tokens as 1 only.
👉Limited to specific chains
👉Limited to blockchain users
👉Fragmented Liquidity
Typically limited to supported assets
User Experience
Zero Gas ($0 USD), Zero Friction (1 click per action) & Zero Latency (<1ms)
Often bad & complex interfaces and user experience (>clicks & spend gas fees)
User-friendly but centralized
Slippage
Low Slippage (No MEV)
Variable slippage (MEV Problems). Depend AMM or slow CLOBs
Low Slippage. Centralized data.
Security
MPC TSS. Blind Computing. Self-custody. Dependent on SC security
Self-custody. Dependent on SC security
No self-custody. Possible failures like FTX
Accessibility
Web3 and Web2 Login Options, Telegram
Primarily Web3
Web2-centric, broader user base
Scenario: Trading and Transferring Funds
Alice uses RexBit Exchange:
Instant Trades: Executes trades with less than 1ms finality, ensuring orders are filled almost immediately.
No Gas Fees: Pays no transaction fees, saving significantly on trading costs.
Enhanced Privacy: Maintains privacy using CLOB blind computation, keeping her trading strategies confidential.
Native Token Usage: Doesn't worry about tokens on different blockchains; deposited tokens can be used natively across supported blockchains within RexBit.
Secure Atomic Cross-Chain Transfers: Sends funds atomically from Ethereum to Polygon instantly without using vulnerable bridges, eliminating the risk of bridge hacks.
Continuous Trading: Executes multiple trades without incurring additional fees, allowing for high-frequency trading.
Convenient Access: Accesses the DEX via Telegram, making trading easy and accessible from anywhere.
Real-Time Market Updates: Receives instant updates on market movements, enabling informed and timely trading decisions.
Robust Security: Ensures all transactions are secure and protected against unauthorized access or tampering.
Seamless User Experience: Enjoys a user-friendly interface that simplifies the trading process for both experienced traders and newcomers.
Bob uses a Traditional CEX/DEX:
Variable Gas Fees (DEX): Faces fluctuating transaction fees, increasing his overall trading costs unpredictably.
Slow Transactions (DEX): Experiences slower transaction times due to blockchain confirmation delays, often taking over >1 minute and risking missed opportunities.
Limited Privacy (DEX): Has limited privacy, with all transaction details visible on-chain, exposing his trading strategies to competitors.
Complex Cross-Chain Trading (CEX): Requires the use of traditional bridges to trade across different blockchains, adding complexity and increasing the risk of bridge hacks.
Non-Atomic Transfers (CEX & DEX): Cannot send funds atomically across chains without additional steps, leading to potential delays of up to 10 minutes (or days) and increased vulnerability.
Vulnerable to Bridge Hacks (CEX/Traditionals DeFi bridges): Traditional bridges are susceptible to hacks, risking the loss of funds and compromising security.
Complex Interface (CEX): Uses a more complicated interface, making the trading experience less user-friendly and harder to navigate.
Additional Fees for Multiple Trades (DEX): Incurs extra fees for executing multiple transactions, making high-frequency trading costly (> $1 per action).
Higher Security Risks (CEX): More vulnerable to hacks and unauthorized access due to less robust security measures. FTX.
