Evedex

Evedex stands as one of the most innovative hybrid decentralized exchanges in the cryptocurrency ecosystem, pioneering a revolutionary approach that combines the speed and user experience of centralized exchanges with the security and self-custody benefits of decentralized platforms. Built as a Layer 3 rollup on Arbitrum Orbit and powered by the proprietary EVENTUM network, this Amsterdam-headquartered platform has achieved remarkable early success by attracting over 12,000 users within months of its August 2025 mainnet launch while earning recognition as HackerNoon's "DeFi Startup of the Year" for 2024.

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Note on fees: Evedex operates a competitive fee structure with maker rates at 0.015% and taker fees at 0.045%, significantly below industry averages for DEX platforms. The unique gamification system enables top performers to achieve zero commission rates through XP progression, while all on-chain transaction fees are eliminated through Arbitrum grant funding, creating one of the most cost-effective trading environments in decentralized finance.

Founded by a team of seasoned Web3 professionals including Thomas Kralow (Chairman), Vlad Komissarov (CTO), Deniss Grigorjevs (Co-Founder), and Alexander Artiushenko (CMO), Evedex addresses fundamental limitations in both centralized and decentralized trading platforms. The platform's hybrid architecture eliminates the traditional trade-offs between convenience and control, enabling users to maintain complete asset custody while accessing institutional-grade trading tools, advanced order types, and up to 100x leverage on perpetual contracts—all within a gamified, mobile-first experience that makes sophisticated trading accessible to both newcomers and professionals.

Company History & Development

Evedex's journey began in 2024 when its founding team recognized a critical gap in the cryptocurrency trading landscape: the persistent compromise users faced between the convenience of centralized exchanges and the security principles of decentralized finance. Thomas Kralow, bringing over a decade of trading experience and crypto influencer expertise, partnered with Vlad Komissarov, whose 20+ years in IT included serving as CTO of a regulated Malta-licensed crypto exchange, to create a platform that would eliminate this fundamental trade-off.

The initial vision crystallized around solving specific pain points that plagued both CEX and DEX users. Traditional decentralized exchanges suffered from high gas fees, limited functionality, and poor user experiences, while centralized platforms required users to surrender asset custody and often implemented restrictive KYC requirements. The team's extensive backgrounds—including Deniss Grigorjevs's seven years in cryptocurrency specializing in NFTs and DeFi, and Alexander Artiushenko's marketing expertise across both Web2 giants like Microsoft and Web3 projects like Aptos—provided the perfect combination of technical depth and market understanding.

November 8, 2024 marked a crucial milestone with the launch of Evedex's comprehensive testnet, demonstrating the platform's core hybrid functionality to the cryptocurrency community. This testnet phase proved instrumental in validating the technical architecture and gathering user feedback that would shape the final product. The platform's innovative approach to combining Layer 3 rollup technology with automated market maker principles attracted attention from industry observers and early adopters seeking alternatives to existing trading platforms.

The company's breakthrough moment came with its recognition as HackerNoon's "DeFi Startup of the Year" for 2024, a prestigious award that validated the team's innovative approach and positioned Evedex as a leader in the next generation of cryptocurrency trading platforms. This recognition came alongside significant development milestones, including the implementation of ERC-4337 Account Abstraction for seamless user experiences and the integration of advanced trading tools comparable to professional centralized exchanges.

August 2025 represented the culmination of the team's efforts with the successful launch of Evedex's Full Beta Mainnet, following a soft community rollout that attracted over 12,000 registrations and 2,000 active traders within weeks. The launch coincided with the platform's official listing on CoinGecko, providing transparent access to trading data and market metrics that demonstrated the platform's growing adoption and liquidity.

The platform's rapid growth trajectory continued throughout late 2025, with the team implementing continuous improvements based on user feedback and market demands. Recent developments include expanded language support across 11 languages, mobile applications for iOS and Android devices, and enhanced trading terminal functionality with features like precision calculators and on-chart take-profit/stop-loss editing. These improvements reflect the team's commitment to creating a truly global, accessible trading platform that serves users across different experience levels and geographic locations.

Business Model & Core Services

Evedex operates a sophisticated hybrid business model that generates revenue through competitive trading fees while providing users with unprecedented value through its unique combination of decentralized security and centralized exchange functionality. The platform's core revenue streams derive from maker fees of 0.015% and taker fees of 0.045%, rates that significantly undercut traditional decentralized exchanges while remaining competitive with major centralized platforms, especially when considering the elimination of gas fees and enhanced feature set.

The platform's primary service offering centers on perpetual futures trading with leverage up to 100x, enabling sophisticated trading strategies previously available only on centralized exchanges but with the security benefits of self-custody. Users maintain complete control over their funds through smart contracts and personal wallets, eliminating counterparty risk while accessing advanced order types, margin trading, and derivatives instruments that rival institutional trading platforms.

Evedex's innovative gamification layer creates additional value streams while encouraging user engagement and platform loyalty. Every account features an avatar system and experience point (XP) mechanics tied to trading activities, educational course completion, and affiliate program participation. This system enables progressive improvement of trading conditions, with top performers achieving zero commission rates, creating a sustainable model that rewards active and successful users while maintaining platform profitability.

The comprehensive ecosystem extends beyond trading to include educational services, copy trading functionality, and peer-to-peer transaction capabilities. The education center provides market leadership training across over 10 topics including cryptocurrency fundamentals, trading strategies, and affiliate marketing, positioning Evedex as a knowledge hub rather than merely a trading venue. Copy trading allows less experienced users to replicate strategies of certified successful traders, democratizing access to sophisticated trading approaches while generating additional revenue through performance sharing.

The platform's affiliate program represents one of the most competitive in the decentralized exchange space, offering commissions up to 60% based on performance metrics. This program creates viral growth mechanisms while providing users with meaningful earning opportunities beyond trading profits. The referral system's lifetime commission structure encourages long-term relationship building rather than short-term promotional activities.

Future revenue diversification includes planned launches of crypto cards for instant fiat conversion, expanded DeFi services including lending and staking, and institutional services through OTC desks and professional API access. These developments position Evedex as a comprehensive financial platform rather than a single-purpose trading application, creating multiple touchpoints for user engagement and revenue generation.

Regulatory Compliance & Trust

Evedex has strategically positioned itself within the evolving European regulatory landscape by adopting a non-KYC, non-custodial approach that aligns with decentralized finance principles while maintaining operational transparency and user protection standards. The platform's regulatory strategy emphasizes compliance through technical architecture rather than traditional licensing, utilizing smart contracts and blockchain immutability to provide user protections comparable to regulated environments.

The platform operates under Web3 compliance frameworks that prioritize user privacy and financial sovereignty while implementing sophisticated anti-money laundering measures through on-chain analytics and Chainalysis API integration. This approach enables global accessibility without the geographic restrictions and invasive data collection requirements common among centralized exchanges, appealing to users who value privacy and unrestricted market access.

Evedex's commitment to transparency manifests through comprehensive open-source development practices and regular security audits conducted by leading blockchain security firms including CertiK, which maintains ongoing monitoring of the platform's security metrics and smart contract integrity. The platform's CertiK security score of 89.27/100 reflects robust security architecture and demonstrates institutional-grade operational standards.

The platform's European focus, with headquarters in Amsterdam and a team distributed across EU member states, positions it advantageously as MiCA regulations continue evolving. While maintaining its non-KYC stance, Evedex's technical architecture and operational practices align with regulatory trends emphasizing user protection, market integrity, and operational transparency without compromising the fundamental principles of decentralized finance.

The company's approach to regulatory uncertainty involves maintaining flexibility through modular architecture that can adapt to changing requirements while preserving core decentralization principles. This strategy enables continued operation across multiple jurisdictions while avoiding the compliance complexity and geographic restrictions that increasingly constrain traditional cryptocurrency exchanges.

Economics & Value Proposition

Evedex delivers exceptional economic value through its innovative fee structure and comprehensive feature set that eliminates many traditional costs associated with advanced cryptocurrency trading. The platform's maker fees of 0.015% and taker fees of 0.045% represent significant savings compared to industry averages, while the gamification system's progression mechanics enable dedicated users to achieve zero commission rates, creating the potential for completely fee-free trading for top performers.

The elimination of gas fees through Arbitrum grant funding provides immediate cost advantages that can amount to substantial savings for active traders. Traditional Ethereum-based platforms often charge $10-50 per transaction during network congestion, while Evedex users enjoy unlimited trading without blockchain transaction costs. This advantage proves particularly valuable for smaller trades and frequent trading strategies that would be cost-prohibitive on other platforms.

The platform's leverage offerings up to 100x enable capital efficiency comparable to major centralized exchanges while maintaining self-custody principles that eliminate counterparty risk. This combination allows traders to maximize position sizing without surrendering asset control, creating risk-adjusted returns superior to both traditional DEX platforms with limited leverage and centralized exchanges with custody requirements.

Evedex's copy trading functionality provides additional economic benefits by enabling less experienced users to access sophisticated trading strategies without developing expertise independently. The transparent performance tracking and automated execution eliminate the fees and complexity typically associated with professional trading services, democratizing access to institutional-quality strategies.

The comprehensive education center creates additional value by reducing the learning curve associated with advanced trading concepts and platform features. Rather than requiring users to seek external educational resources, Evedex provides integrated learning that enhances trading effectiveness while building platform loyalty and user expertise.

The affiliate program's competitive commission structure up to 60% creates meaningful earning opportunities that can offset trading costs or provide independent income streams. This program's lifetime commission structure encourages sustainable community building rather than short-term promotional activities, benefiting both referrers and the platform's long-term growth.

Technology & User Experience

Evedex has developed its technology infrastructure around the principle that advanced blockchain capabilities should enhance rather than complicate the user experience, creating a platform that processes limit orders in an average of 5 milliseconds while maintaining the intuitive interface design expected from modern financial applications. The platform's proprietary EVENTUM Layer 3 network, built on Arbitrum Orbit, delivers sub-2-second transaction finality and sub-10-millisecond order matching at minimal costs, performance characteristics that rival the best centralized exchanges.

The platform's hybrid architecture combines on-chain settlement with off-chain order book management, enabling real-time trading experiences without the latency and cost constraints typical of purely decentralized platforms. This approach maintains complete transparency and user control while delivering the responsiveness necessary for professional trading strategies including scalping, arbitrage, and high-frequency techniques.

ERC-4337 Account Abstraction integration represents a significant technological advancement that enables one-click trading experiences and social recovery options without compromising security or decentralization principles. Users can access sophisticated wallet functionality including account recovery through social verification rather than seed phrase management, dramatically reducing the barriers to entry for newcomers while maintaining institutional-grade security standards.

The platform's mobile applications for iOS and Android devices provide full feature parity with desktop interfaces, enabling complete trading functionality from mobile devices without sacrificing advanced features or security measures. The mobile-first design philosophy recognizes the increasing importance of mobile access in cryptocurrency markets while ensuring that professional traders maintain access to comprehensive tools and analytics.

Trading tools integration includes comprehensive TradingView charting with over 100 technical indicators, precision calculators for position sizing and risk management, and on-chart editing capabilities for take-profit and stop-loss orders. These professional-grade tools are seamlessly integrated into the platform's gamified interface, creating an environment where sophisticated functionality remains accessible to users of all experience levels.

The platform's API infrastructure supports algorithmic trading strategies and third-party integrations while maintaining the security benefits of decentralized architecture. Rate limiting policies and comprehensive documentation enable professional trading operations while protecting platform stability and user experience for retail participants.

Scalping-Friendliness (Commissions, Leverage & Slippage)

Evedex's architecture and fee structure create exceptionally favorable conditions for scalping strategies, with the platform's 5-millisecond average order processing time and competitive fee structure addressing the primary constraints that typically limit high-frequency trading on decentralized platforms. The combination of 0.015% maker fees and potential progression to zero commissions through the gamification system makes Evedex one of the most cost-effective platforms for frequent trading strategies.

Based on early user feedback and the platform's technical specifications, the ultra-low latency execution engine enables rapid-fire trading approaches that capitalize on small price movements across the platform's supported trading pairs. The elimination of gas fees removes a significant cost component that traditionally makes small-profit scalping strategies uneconomical on Ethereum-based platforms, enabling profitable execution of strategies with minimal profit margins.

Leverage availability up to 100x on perpetual contracts provides significant position sizing flexibility with minimal capital requirements, though users should carefully consider risk management given the amplified exposure to market movements. The platform's isolated margin and cross-margin options enable sophisticated risk management approaches that can accommodate different scalping strategies and market conditions.

Slippage characteristics benefit from the platform's hybrid liquidity model that combines traditional market making with automated market maker principles. The platform's liquidity requirements for market makers include minimum depths of $500,000-$1,000,000 within 2% of market prices for primary trading pairs, supporting efficient execution for typical scalping position sizes while maintaining competitive spreads.

The platform's advanced order types including time-in-force options, conditional orders, and integrated take-profit/stop-loss functionality support sophisticated scalping strategies that require precise execution parameters. The on-chart editing capabilities enable real-time strategy adjustments without interrupting active positions, providing operational flexibility essential for responsive scalping approaches.

Derivatives Trading & Fees

Evedex's derivatives offerings represent a core competitive advantage, featuring perpetual futures contracts with leverage up to 100x across its supported trading pairs while maintaining the security and transparency benefits of decentralized architecture. The platform's derivatives infrastructure operates through smart contracts that ensure transparent pricing, fair liquidation procedures, and user-controlled fund management without sacrificing the advanced features expected from professional derivatives platforms.

Perpetual contract fees operate on the same maker-taker structure as spot trading, with maker fees of 0.015% and taker fees of 0.045% applying to derivatives positions. This unified fee structure creates cost transparency and predictability while maintaining competitive rates that typically undercut both centralized derivatives platforms and other decentralized alternatives. The gamification system's progression mechanics apply to derivatives trading, enabling experienced traders to achieve zero commission rates on futures positions.

Funding rates for perpetual contracts update dynamically based on market conditions and position imbalances, typically ranging within industry-standard parameters while providing transparent calculation mechanisms through smart contract logic. The platform's hybrid architecture enables efficient funding rate calculations that maintain price stability relative to underlying spot markets while avoiding the manipulation risks associated with centralized rate-setting mechanisms.

Margin requirements utilize dynamic calculation methodologies that adjust based on market volatility, position sizes, and asset characteristics while providing users with clear visibility into collateral requirements and liquidation thresholds. The platform supports both cross-margin and isolated margin modes, enabling traders to implement sophisticated risk management strategies appropriate to their capital allocation preferences and market outlook.

Risk management features include comprehensive position monitoring, automated liquidation procedures designed to minimize losses while protecting platform solvency, and transparent liquidation engine operations that eliminate information asymmetries common in centralized derivatives platforms. The decentralized architecture ensures that risk management procedures operate according to predetermined smart contract logic rather than discretionary intervention.

Settlement procedures for perpetual contracts operate continuously through smart contract execution, eliminating settlement risk and providing immediate access to profits and collateral adjustments. The platform's Layer 3 infrastructure enables these operations at minimal cost while maintaining the transaction finality and transparency essential for professional derivatives trading.

Security & Risk Management

Evedex implements comprehensive security measures that address both traditional cybersecurity risks and the unique challenges of decentralized finance through multi-layered protection systems and institutional-grade risk management protocols. The platform's non-custodial architecture eliminates the single point of failure risks that have historically resulted in large-scale fund losses at centralized exchanges, while smart contract security measures ensure user funds remain under individual control at all times.

Smart contract security forms the foundation of platform operations, with comprehensive audits conducted by leading blockchain security firms including CertiK, which maintains ongoing monitoring through its Skynet platform. As previously noted, the platform's strong CertiK security score reflects robust security architecture and comprehensive risk management protocols that meet institutional standards while maintaining operational efficiency for retail users.

The platform's integration with Chainalysis API provides sophisticated anti-money laundering monitoring and compliance capabilities without compromising user privacy or imposing traditional KYC requirements. This approach enables detection of potentially suspicious activity patterns while maintaining the accessibility and privacy benefits that attract users to decentralized platforms.

Fund security operates through segregated smart contract architecture that maintains clear separation between user assets and operational infrastructure. The platform's Layer 3 implementation on Arbitrum provides additional security layers through Ethereum's proven security model while enabling the performance characteristics necessary for advanced trading functionality.

Operational security extends beyond smart contracts to encompass comprehensive data protection, access controls for platform administration, and business continuity procedures designed to maintain service availability during adverse conditions. The decentralized architecture provides inherent resilience against traditional attack vectors while maintaining the transparency necessary for user verification of security measures.

The platform's risk management framework addresses market risk through dynamic liquidation procedures, operational risk through redundant system architectures, and smart contract risk through comprehensive testing and audit procedures. Regular security updates and platform improvements address emerging threats while maintaining backward compatibility and user experience continuity.

Market Position & Suitability

Evedex occupies a unique position in the cryptocurrency trading landscape by successfully combining the security principles of decentralized finance with the performance characteristics and feature richness typically associated with centralized exchanges, creating compelling value propositions for multiple distinct user segments seeking different aspects of this hybrid approach.

Professional and Active Traders represent a primary target market for Evedex's advanced derivatives capabilities, benefiting from the platform's institutional-grade trading tools, competitive fee structures, and high leverage options while maintaining complete asset control. The 5-millisecond order processing times and comprehensive risk management tools appeal to sophisticated trading strategies requiring precise execution and advanced position management capabilities.

Privacy-Conscious Users find significant value in Evedex's non-KYC approach and decentralized architecture, enabling global access to advanced trading features without geographic restrictions or invasive data collection requirements. The platform's Web3-native design appeals to users prioritizing financial sovereignty and privacy while requiring access to sophisticated trading tools unavailable on simpler decentralized platforms.

Mobile-First Crypto Enthusiasts benefit from Evedex's comprehensive mobile applications and gamified user experience that makes advanced trading accessible and engaging. The platform's social features, copy trading functionality, and educational resources create a community-driven environment that appeals to users seeking both trading opportunities and knowledge development within a single platform.

Cost-Sensitive Frequent Traders leverage the platform's competitive fee structure and potential for zero commissions through gamification progression, while the elimination of gas fees creates substantial cost advantages for active trading strategies. The combination of low fees and high performance makes Evedex particularly attractive for strategies requiring frequent transactions or smaller position sizes.

DeFi Power Users appreciate the platform's integration of advanced derivatives capabilities with decentralized architecture principles, enabling sophisticated trading strategies while maintaining compatibility with broader DeFi ecosystems. The platform's smart contract transparency and non-custodial design align with DeFi philosophy while providing functionality typically requiring centralized platforms.

The platform's limitations include its relatively recent launch and smaller asset selection compared to established exchanges, which may limit options for traders seeking exposure to less common cryptocurrencies or extensive cross-asset trading strategies. Additionally, users requiring traditional fiat banking integration or preferring custodial services may find the platform's Web3-native approach requires adjustment to new operational paradigms.

Conclusion

Evedex represents a significant evolution in cryptocurrency trading infrastructure, successfully bridging the persistent gap between centralized exchange functionality and decentralized finance principles through innovative technology and thoughtful user experience design. The platform's achievement in delivering institutional-grade trading performance while maintaining complete user control over assets demonstrates that the traditional trade-offs between convenience and security are not inherent limitations but engineering challenges that can be solved through sophisticated technical architecture.

The platform's key strengths include pioneering hybrid architecture that eliminates traditional DEX limitations while preserving self-custody benefits, exceptional fee competitiveness enhanced by unique gamification mechanics that reward user engagement, cutting-edge performance characteristics with 5-millisecond order processing that rivals centralized exchanges, and comprehensive feature set including advanced derivatives, copy trading, and educational resources within a unified platform. The early recognition as "DeFi Startup of the Year" and rapid user adoption demonstrate market validation of the hybrid approach.

Areas for continued development include expanding asset coverage and trading pair availability to serve users seeking broader cryptocurrency exposure, building institutional partnerships and services to capture professional market segments, developing additional DeFi integrations to enhance ecosystem connectivity, and scaling infrastructure to accommodate continued user growth while maintaining performance standards. The platform's focus on rapid innovation may occasionally introduce complexity that requires careful balance with user experience simplicity.

For traders seeking advanced functionality without custody compromises, privacy-focused users requiring unrestricted global access, and cryptocurrency enthusiasts prioritizing community-driven platforms with educational components, Evedex offers compelling advantages over both traditional centralized exchanges and existing decentralized alternatives. The combination of competitive economics, innovative technology, and comprehensive feature set makes it particularly suitable for active traders prioritizing both performance and principles.

The platform's strategic positioning for long-term success appears strong, with innovative hybrid architecture providing sustainable competitive advantages while continuous development and community engagement drive expansion opportunities. As the cryptocurrency trading landscape continues evolving toward greater decentralization and user empowerment, Evedex's early leadership in hybrid exchange design positions it advantageously for sustained growth and potential market leadership in the next generation of cryptocurrency trading platforms.

Last updated: September 9, 2025