FAQ
What is EVEDEX, and how does it differ from traditional exchanges?
EVEDEX is a hybrid decentralized exchange combining the performance and ease of centralized exchanges (CEXs) with the security and transparency of decentralized exchanges (DEXs). It leverages Layer 2 technology for scalability and cost-efficiency and incorporates both on-chain and off-chain components for optimized performance.
How does EVEDEX ensure the security of user funds and data?
EVEDEX employs multi-layered security measures, including advanced cryptographic solutions, decentralized smart contracts, and sequencer failure protections. Users retain full control of their private keys, ensuring a non-custodial experience.
What is Account Abstraction, and how does it benefit users?
Account Abstraction simplifies blockchain interactions by enabling features such as gasless transactions, enhanced security configurations, and cross-device account management. It allows users to trade seamlessly without managing complex technical steps.
How are perpetual futures implemented on EVEDEX?
EVEDEX supports perpetual futures with no expiration date, leveraging a funding rate mechanism to align the futures price with the spot market. The platform offers high leverage and robust risk management tools to ensure efficient trading.
What are the key advantages of EVEDEX’s Layer 2 infrastructure?
Built on Arbitrum, the Layer 2 infrastructure provides:
Enhanced scalability and lower fees.
Improved interoperability with Ethereum and other chains.
Advanced features like decentralized withdrawals and sequencer failure protection.
What educational resources does EVEDEX provide?
The EVEDEX Educational Center offers courses on trading, blockchain technology, and investment strategies. Users can access interactive tools like simulators and participate in live webinars and workshops led by industry experts.
What is XAUT?
XAUT (Tether Gold) is a token where each token represents one troy ounce of physical gold held in Swiss vaults by TG Commodities Limited. Trading XAUT/USDT perpetual contracts on EVEDEX gives you leveraged price exposure to the XAUT token, which tracks the price of gold. You do not acquire ownership of physical gold or XAUT tokens by trading perpetuals.
Why my deposit has not been received?
Due to the use of third party vendors, including for bridging, the deposit process goes through AML and sanctions checks, which may result in delay, freezing or non-admission of your deposit due to regulatory requirements. In certain cases, this may result in the freezing of funds due to requirements under applicable laws. Please check the source of your funds to avoid such cases and do not deposit funds from the platforms, wallets or other sources associated with sanctions and other restrictions. In particular, transfers connected to the following sanctioned platforms may trigger additional checks, temporary holds, or non-admission of deposits by third-party compliance providers and our bridge partner involved in processing. Such outcomes may be outside our control:
HTX (ex-Huobi)
EXMO
Garantex/Grinex
BitPapa
Rapira
Please avoid depositing funds withdrawn from, or otherwise originating from, these platforms - directly or through intermediary wallets. Please note: this list is not exhaustive - it covers the most commonly used platforms only, and sanctions lists change frequently.
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