Apifiny® HEX (Hybrid Exchange)
The very best of centralized and decentralized trading.
Zero taker fees, global price discovery, and liquidity driven by AMM and leading centralized exchanges.
The best of DEX and CEX trading
HEX is designed to combine the efficiency, price discovery, liquidity and compliance of centralized exchange (CEX) trading, with the predictable liquidity, decentralized wallet security, and transparency of decentralized exchange (DEX) trading.
Zero taker fees
Decentralized exchanges’ fees are generally considered to be high, especially when gas fees are included.
Global price discovery
Decentralized and centralized exchanges (DEX and CEX) provide price discovery only within the confines of their disconnected markets.
HEX enables truly global price discovery with a unified order book including liquidity from both automated market making (AMM) and centralized exchanges.
Predictable and reliable liquidity
Crypto AMM is designed to provides deep and predictable liquidity, but large trades can cause greater slippage.
HEX is designed to solve this by sourcing additional liquidity from centralized exchanges — serving as a liquidity ‘surge protector’.
Compliance and
security
DEXs lack robust compliance. KYC/AML policies do not exist in DEXs, keeping institutions on the sidelines. However, decentralized wallets offer greater asset security and control for traders.
HEX requires KYC for all traders and LPs.
Liquidity providers and traders must pass KYC, so you can be certain your trades are compliant.
HEX aligns the incentives of traders and liquidity providers
DEXs typically share all or most trading fees with liquidity providers (LPs), aligning the interests of LPs with traders. CEXs source liquidity through market makers and generally pass along a smaller share of fees
With HEX, everybody wins.
Traders pay lower fees and LPs are paid a higher share of fees for providing liquidity. Most importantly, 0 gas fees for everyone.
Unified order book
One unified order book captures liquidity from leading exchanges, AMM, and HEX traders.
Start trading today
Join our VIP program and contribute liquidity to HEX liquidity pools to unlock lower trading fees across Apifiny’s 20+ connected exchanges.
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