what's 01 Exchange?
01 Exchange is a decentralized exchange (DEX) built on the N1 Chain, designed to deliver a next-generation trading experience that combines the speed and efficiency of centralized exchanges with the security and transparency of decentralized finance. It aims to provide seamless trading for users while maintaining on-chain integrity, targeting both retail and institutional traders in the crypto space. Powered by the Nord Engine, 01 Exchange enables high-performance order matching and execution, supporting features like spot trading and potentially more advanced derivatives in future iterations. The platform launched its public testnet to allow early users to test functionalities such as wallet connections, order placements, and swaps using Solana-compatible wallets, with ongoing updates to improve user experience and resolve initial bugs.
01 Exchange now offers WLD with up to 5x leverage trading.
Links
x.com/01_exchangeListed WLD with up to 5x leverage trading available on the platform.
Listed PUMP token with up to 5x leverage trading available.
Operates a points farming program where users earn points by trading volume on the platform.
Mentioned in daily crypto market analysis discussing tokenless perpetuals and airdrop speculation.
Reached 1,000,000 trades executed on the platform.
Operates a pre-private mainnet with limited invite-based access.
N1 Mainnet launches in the coming days with 01Exchange as the first application, enabling multichain deposits including Arbitrum network, running on dedicated compute infrastructure. Warns of rough edges and occasional downtime initially.
Launches mainnet as the first perpetuals DEX on Solana with strategy features, including Atomics for up to 10 coordinated trading actions in one transaction.
Platform invite codes are being distributed soon.
Public testnet goes live; early testers can check their profiles for access.
Launched closed beta for perpetuals DEX with CLOB and cross-margining capabilities.