Tezos
$2.21 4.07%
XTZ · 2w

Dexter — Decentralized Exchange and Liquidity Pool for Tezos — XTZ/tzBTC and XTZ/USDtz

Dexter — Decentralized Exchange and Liquidity Pool for Tezos — XTZ/tzBTC and XTZ/USDtz Adam CoxFollow Oct 6 · 4 min read Dexter V1.0 Dapp Logo

Dexter is a Decentralized Exchange (DEX) built on Tezos. At the time of the writing of this article, the XTZ/tzBTC and XTZ/USDtz trading pairs are available. It is anticipated that more will be added. More information about getting started with Dexter can be found at https://dexter.exchange/. The Decentralized Application (Dapp) can be found at https://app.dexter.exchange/. There are some clear & detailed tutorials about getting started with the Dapp at https://dexter.exchange/docs/dexter-tutorials/. Dexter was built by https://camlcase.io/. Dexter can be used with Thanos Wallet https://thanoswallet.com/ or Beacon Wallet https://www.walletbeacon.io/. Dexter is compatible with Ledger Nano X using the Beacon wallet.

Here is a screenshot of Dexter after following the above tutorials, connecting with the Thanos Wallet, and using it’s functionalities:

Overview of Dexter Exchange Overview of Dexter Liquidity Pool

My initial liquidity entered into the pool on 10/04/2020 and 10/05/2020 was 123.734794 XTZ + 0.02410143 tzBTC and 126.788729 XTZ + 250.158093 USDtz for the two trading pairs. This was done in several different transactions throughout the day.

The following are snapshots of the overall size of the liquidity pool on Dexter. They were collected at the dates and approximate times that are noted in the image captions.

8:00 AM EST 10/05/2020 9:00 AM EST 10/06/2020 8:00 AM EST 10/07/2020 2:00 AM EST 10/08/2020

The following are snapshots collected about my share of the liquidity that is provided to the pool.

6:00 AM EST 10/05/2020 1:00 AM EST 10/06/2020 2:00 AM EST 10/07/2020 2:00 AM EST 10/08/2020

As of the writing of this article, the only other location to buy tzBTC or USDtz was directly from one of the Tezos minteries. A list of them can be found at https://usdtz.com/....

Continue on medium.com
Recent news