Dexalot, a decentralized exchange operating on an Avalanche subnet, has launched two major new features: SimpleSwap and SimpleView. SimpleSwap allows users to benefit from the tight spreads and excellent pricing of a CLOB, but with the look and feel of the AMM atomic swaps that are ubiquitous in DeFi. SimpleView helps users check the status of their portfolio at a glance.Since launching on its own Avalanche Subnet, Dexalot has processed over 17 million transactions with daily trading volume of up to $5 million. Its team includes financial veterans with a background on Wall Street, whose experience has been brought to bear in developing Dexalot as the most advanced decentralized exchange of its kind. Additionally, Dexalot was just awarded up to $3 million in incentives for users from Avalanche’s Multiverse Fund.Dexalot brings the traditional centralized exchange look and feel to a decentralized on-chain application. The Avalanche-powered CLOB (central limit order book) DEX represents an accessible and transparent environment where Dexalot users can trade crypto securely and efficiently, with no slippage or custody risk.

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Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	positive
Relevance Score	9
People	Berk Ozdogan, Matthew Schmenk
Companies	Avalanche, Ava Labs, Dexalot, Multiverse Fund, Wall Street
Currencies	Bridged Wrapped Ether, Ethereum, Bitcoin, Avalanche
Securities	None