π Bridge directly on Polkadex Orderbook β
οΈοΈοΈοΈοΈοΈοΈ
With the new Bridge tab, traders can now make cross-chain deposits and withdrawals from Polkadot parachains to and from Polkadex... directly on Polkadex Orderbook!
π° Check out our latest Medium article to learn more about Polkadex Orderbook's new Bridge tab, find a list of supported tokens, and WATCH the new Bridge tab guide!
Bridge, transfer, and trade all in one place π
Big interface improvement to cap off the week... how does that sound, Polkadexers?
π Connect & Trade π
Making your first trade on Polkadex Orderbook is as simple as that, thanks to the new Connect & Trade onboarding process.
Connect your wallet, deposit funds, and place a trade, all in just a few clicks!
πΊWatch the new Connect & Trade walkthrough guide!
A better onboarding experience for new Orderbook traders, plus more flexibility for existing traders β
π° Check the latest Polkadex Medium article to learn more about Connect & Trade and how it simplifies the experience for new traders on the CEXier DEX!
π³οΈ Governance update π³οΈ
Following the unanimous passing of Referendum 22, UNQ is set to be the next token listed on Polkadex Orderbook.
The UNQ/USDT pair is set to go live on Orderbook shortly after Unique's liquidity and market-making plans are finalised. Stay tuned for more updates on those!
Many Polkadexers have been advocating for a potential UNQ listing for a while... who's excited for this trading pair?
β
Upgrade = successful β
Trading on Polkadex Orderbook is back online after a few hours of scheduled downtime and a successful runtime upgrade!
New to the backend:
π Direct deposit and withdrawal functionality
βοΈ LMP bug fixes
πͺ PDEX now transferrable to other chains
Remember, you can check out our Scope of Work announcement to see everything the Polkadex Core Contributoris are working on!
π You can also use the new public board to track the frontend development required to deliver today's backend updates to the user interface.
πΉ Now that Orderbook is back, what will your next trade be?
β οΈ Heads up traders β οΈ
Polkadex Orderbook and THEA will be temporarily unavailable during a scheduled downtime of 6-12 hours starting Wednesday May 22nd at 9am UTC.
During this time, LMP bug fixes as well as direct deposits & withdrawal functionality will be deployed to the backend π οΈ
Existing orders will be cancelled automatically during the maintenance window.
Polkadex Council x Core Contributors
π€ Scope of Work π€
Since the passing of Treasury Proposal #47 last month, the Polkadex Core Contributors and Polkadex Council have been working more closely than ever before.
Throughout the last few weeks, the Council has assessed the existing Polkadex roadmap and, together with the Core Contributors, has defined the Scope of Work for the following months (Q2 and beyond).
In order to fulfil the goals set in the Scope of Work agreement, the Polkadex Core Contributors have set new priorities and have re-allocated internal resources accordingly.
Overall, the Council and the Core Contributors have decided on a path forward which includes a renewed commitment to the Polkadot ecosystem and onboarding new trading pairs, accelerating the transition into a DAO, and improving the reliability & user experience of Orderbook.
Check out the full post with more details and links to public development boards here!
ποΈ Weekly updates April 29th - May 10th π
The weekly updates from the past two weeks are too long to fit in one Telegram message once again! That means times are busy at Polkadex πΌ
Check them out on X and give the post a like or a retweet while you're at it βΊοΈ
π³οΈ Governance update πͺ
Another day, another listing proposal from Bifrost π
Referendum 21 aims to add a vDOT/DOT market pair to Polkadex Orderbook and is now up for voting!
β
Vote 'Aye' if you want to trade vDOT, Bifrost's Liquid Staking DOT on the CEXier DEX!
πΈ There's a new way to add funds to Orderbook!
Use cede.store to transfer PDEX from your CEX accounts to your Polkadex wallet in one click!
Thanks to the open source Orderbook frontend, the Cede Labs was able to integrate their CEX -> DeFi on-ramp in no time π
You can also send DOT, ASTR, GLMR, PHA to your account on their respective native networks before transferring them to Polkadex via THEA π
Even USDT AssetHub is supported!
What do you think about this new way to add funds to Orderbook?
In an effort to create more efficient feedback loops, we want to hear from you with any burning questions you may have.
We will create forms every week to collect all the community questions.
Here's the week 1 forms: https://forms.gle/qihHZoMt2k8yoBzP7
π³οΈ Governance update
The proposal to add a BNC/USDT pair to Polkadex Orderbook is now up for voting as Polkadex Referendum #20.
If the referendum passes, Bifrost's BNC will be listed on Polkadex Orderbook soon π
What do you think of this potential listing? Have you voted on it yet?
Polkadexers, have you seen the proposal by Mimir to integrate their multisig tool on Polkadex and Polkadex Orderbook? βοΈ
π‘ What are some cool use-cases you can think of that are made possible by combining multisigs with a decentralized order book DEX?
πΉ Polkadex Orderbook surpassed its monthly trading volume ATH in April with $4.93 million in trading!
Thank you to all the Polkadexers who have traded on the CEXier DEX so far π
If you haven't traded on Polkadex Orderbook yet, what are you waiting for? π
BTW, which trading pair do you think had the highest volume for the month? π
Let's get everyone caught up on the weekly updates from the last few months, shall we? This update covers the period from February 8th to April 26th!
β οΈ Warning: it's such a long list that it doesn't fit in a Telegram message β οΈ
We've linked the post on X instead. Give it a like and a retweet and comment your favorite development!
No PDEX? No problem π€οΈοΈοΈοΈ
PolkaPool is here with Auto-Swap transfers to make onboarding for Polkadex Orderbook easier than ever.
Get all the details and check out the Auto-Swap guide to get started on Polkadex Orderbook without needing PDEX!
Auto-Swap currently supports DOT transfers only. More more assets are rolling out soon π
β
The Parachain slot swap was a SUCCESS π
βοΈ The Polkadex Parachain has officially extended its lease to Dec. 18th!
The Polkadex Parachain will continue to connect Polkadot to the Polkadex Main Network and allow more & more Polkadot ecosystem members to trade on the CEXier DEX πΉ
Polkadex on-chain governance voting is now live in Nova Wallet π
π³οΈ If youβre using Nova Wallet, you can now vote in Polkadex on-chain referenda using Nova's governance interface!
Good news, Polkadexers!
β Polkadex has signed an agreement to acquire the rest of an unused parachain slot and perform a slot swap π
This will ensure the Polkadex parachain continues to connect Polkadex & Polkadot well beyond the current lease's April 10th expiration date π
Get all the details on the upcoming slot swap here β¬οΈ
A runtime upgrade was executed on Polkadex earlier this week β
What's new?
πΈ The ability to transfer non-sufficient assets like PINK & DED back to Asset Hub (with a 0.7 USDT requirement)
β‘οΈ The 1,000 block (~4 hour) delay on outgoing transfers has been reduced to 2 minutes
πΉοΈοΈοΈοΈοΈοΈ Following the passing of Referendum #16, DED/USDT is now available on Polkadex Orderbook π¦
While DED transfers have yet to be enabled by the DED foundation, Polkadex Orderbook awaits with open arms (AKA: mysterious buy orders) ποΈοΈοΈοΈοΈοΈ
π΅ Is DED ded? We'll find out soon enough π
https://orderbook.polkadex.trade/trading/DEDUSDT
π³ Governance update
Polkadex Council Member @ClusterCuss's Referendum #17: Listing PINK/USDT is now up for voting.
If the referendum is passed, PINK will be listed on Polkadex Orderbook over the weekend π
Vote now ποΈοΈοΈοΈοΈοΈ
πΊ You wanted tutorial videos? You got em!
Check out this playlist on our YouTube channel for guides on trading, making cross-chain deposits and withdrawals to and from Polkadex, and transferring to and from your Trading Accounts! πͺ
Make sure to give the videos a like if you find them helpful and subscribe to our YouTube channel if you haven't already β€οΈ
π³ Governance update
@ClusterCuss' Referendum #16: Listing DED/USDT is now up for voting.
If passed, the DED memecoin will be listed on Polkadex Orderbook over the weekend πΉ
Vote now π
Rewards cap = TRIPLED π
As you may have seen, the Polkadex Crowdloan has fallen behind the competition in parachain auction #65. We need to fight back, together βοΈ
We've tripled the rewards cap to 150k DOT so contributors can keep earning rewards far beyond the previous rewards cap of 50k DOT!
This is just one of a handful of counter measures we are working on to secure our renewal π€
If you haven't already, contribute now ποΈοΈοΈοΈοΈοΈ
PHA/USDT smashed through the 100k, 150k & 200k milestones to reach over $200,000 in 24 hour trading volume - the first pair to ever do so on Orderbook π
πΉ You can trade PHA on the CEXier DEX right now π
π₯ The Hestia update for Polkadex Orderbook is here and it's BIG π
π¨ Completely revamped Orderbook UI
β Liquidity Mining Program Rewards component
πͺ Trading fees
π Bug fixes
π° Learn more about how this update lets traders experience smoother, more liquid, and more intuitive decentralized CEX-like trading ποΈοΈοΈοΈοΈοΈ
πΉοΈοΈοΈοΈοΈοΈ Trade on Polkadex Orderbook ποΈοΈοΈοΈοΈοΈ
The runtime upgrade and Orderbook downtime has been pushed up by an hour to Wednesday 4:30 AM UTC (from 5:30 AM UTC originally).
β οΈ Remember β οΈ
All existing orders will be automatically cancelled. Trading and order placement will be unavailable for the duration of the upgrade.
βοΈ A runtime upgrade is scheduled for Wednesday at 5:30am UTC followed by an Orderbook downtime of ~24 hours βοΈ
Part of the Hestia release, the upgrade features:
π₯ New Orderbook UI
πΈ LMP Rewards component
πͺ Trading fees
π Market-making bug fixes
Trading and order placement will be unavailable for the duration of the upgrade downtime, while existing orders will be automatically cancelled.
Orderbook will run like normal after the break, with the new UI, trading fees, and active LMP scoring in place.
As promised, here is a guide to:
1. Buying DOT on Polkadex Orderbook
2. Transferring that DOT from polkadex to the Polkadot Relay Chain
3. Using the DOT you just bought to contribute to the Polkadex Crowdloan πͺ
Hope you find it helpful!
https://www.youtube.com/watch?v=ICGhvMUkxFU