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Parachain, Integrations & Bridges

It is important for Polkadex to become a parachain in the Polkadot network so that it can reduce the cost of bringing tokens from the Ethereum network to Substrate. Becoming a parachain will also allow the trustless movement of these tokens.

In case Polkadex does not secure a parachain slot before the Mainnet launch, we will continue to run the project as a solo chain with limited functionality until we secure the slot. That said we applied for the parachain slot and are working on securing it as soon as possible.

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Currently, the Polkadex project has the integrations & bridges with:

  • Chainbridge to bridge ERC-20 Tokens from Ethereum network until Polkadex secures a parachain.
  • Substratee to create TEE gateway for high-frequency trading
  • Openfinix integration on the Orderbook for assuring efficiency in high-frequency trading
  • Snowfork integration to bridge ERC-20 tokens to Substrate trustlessly will be active once we become a parachain.