IDEX is a hybrid, semi-decentralized exchange for tokens on the Ethereum blockchain.
The most used Ethereum-based decentralized exchange with over 450 trading pairs, IDEX controls the settlement of signed trades to Ethereum to overcome speed problem. IDEX has also 2 different utility tokens: AURA and IDXM. Auro is a staking token which users can stake and earn fees collected by IDEX. IDXM, similar to BNB token, is used for reducing trading fee etc.