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.
The perpetuals DEX has progressed from private to public testnet phase, allowing early testers to access the platform, signaling advancement toward mainnet launch.
Links
x.com/01_exchangeOperates a pre-private mainnet with limited invite-based access.
N1 Mainnet launches in the coming days with 01Exchange as the first application, featuring multichain deposits and running on dedicated compute infrastructure. The team warns users to expect rough edges and occasional downtime during the first few months as systems are strengthened.
The platform's mainnet goes live soon, becoming the first perpetuals DEX on Solana to offer strategy features.
Platform invite codes are being distributed soon.
Public testnet goes live; early testers can check their profiles for access.
Private testnet is live for perpetuals DEX with CLOB and cross-margining capabilities.