Decentralized Exchange (DEX)

Unlike centralized exchanges (CEX), a decentralized exchange (DEX) does not require intrusive know-your-customer (KYC) procedures, and gives users full custody of their assets at all times as they exchange their digital assets through smart contracts that act as automated market makers.

The key feature of a decentralized exchange is that users can directly interact with liquidity pools to trade assets. Each liquidity pool holds two kinds of assets and allows the user to trade in one kind of asset for another—an action referred to as "swap"—without the involvement of a centralized authority that controls the trade.

The Intella X platform also features its own decentralized exchange where users can freely swap between various digital assets, including game tokens, with a few taps on their mobile devices. Discover various liquidity pools on Intella X DEX and maximize your Web3 gaming experience.

In addition, users in the Intella X ecosystem can participate in Intella X's Proof of Contributionand Revenue Redistribution protocols by providing liquidity or staking their assets through the Intella X DEX.