UniDex Announces its Largest Update Yet, Provides a Sneak Peek of What’s to Come

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UniDex Announces its Largest Update Yet, Provides a Sneak Peek of What’s to Come

May 8 2021

In brief

  • DeFi exchange UniDex decided some time ago to work on improving its platform’s design and functionality.
  • The exchange has done a lot of work without releasing too much over the past weeks, and now it wants to share the new improvements.
  • To that extent, it took to Twitter to share some of the brand-new elements regarding spot trading.

UniDex recently announced that it is about to issue the largest upgrade to its platform yet, and it decided to share some of the new improvements.

As the development of the DeFi sector progresses, some projects are choosing to focus on delivering new products alone, while others understand the importance of being user-friendly and convenient, as well. One example is UniDex, a popular decentralized DeFi trading terminal, designed to aggregate as many markets as possible for all kinds of financial instruments.

The exchange decided some time ago that it wishes to update its platform and make it more functional, practical, easier to navigate and introduce new features. It has been working long and hard on improving its interface and design, and now, it has started sharing some of the new developments with its community.

It recently published a thread on Twitter explaining how to spot trading will work once the updates are fully integrated, displaying custom interfaces, a much greater level of personalization, the ability to add widgets and trading data as per the users’ liking, and more.

Users will also be able to remove, resize, or simply relocate any UI elements per will so that everyone can have their own unique experience and organize their own account in a way that feels natural and intuitive. This extends to indexable and sortable widgets as well, like the trade table for asset pairs. More than that, there will be even deeper levels for customizability for each widget that users decide to leave on the dashboard.

This can be very beneficial for newcomers to DeFi, or even crypto itself, who want only the basic experience until they find their way around and start understanding some of the more complicated features a bit better. On the other hand, it is also great for experienced users, as it means that they can add all the tools they desire and have them on display for quick checks of various aspects, market signals, and alike. Basically, the exchange can look as simple or as complicated as the user desires.

Finally, the project explained that they believe that the order card should be as simple as possible to remove confusion and make it less intimidating to newcomers, but also, it should show the competitive aggregation that UniDex offers through its recently launched Mirai Liquidity Engine.

What is UniDex?

UniDex is a DeFi trading platform and aggregator for a majority of assets, including perpetual, stocks, derivatives, NFTs, options, and more. It has hundreds of liquidity sources, many aggregators from DeFi and CeFi alike, and it stands out for allowing cross-chain trading.

Essentially, its goal is to make users comfortable when trading and never have them worry about liquidity, which has been a big concern for certain assets. DEXes have been around for a long time, but they only went big last year, as the insufficient technology prevented them from being able to offer liquidity before that. UniDex is now going in a completely opposite direction, making sure that liquidity will never again be a problem in decentralized trading.