Neonexchange (NEX) is a decentralised exchange on the NEO blockchain. NEX is a platform for complex decentralized cryptographic trade and payment service creation.
Decentralized exchanges (DEXs) permit users to preserve control of their funds as trades are executed by smart contracts on a blockchain. Regrettably, today’s DEXs are slow, hard to use, and are limited to trades on a single blockchain. The Neon exchange wants to change this by creating an easy to use DEX, utilising an offchain matching engine to handle large order volume.