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MATRİX

Standard process of trading and placing orders on an exchange with an order book

1. Initial state 2. Transferring money to DEX

Your Your
DEX Smart contract DEX Smart contract
wallet wallet

Your coin Your coin

3. Creating an order on the DEX 4. Waiting for an order to be executed on the DEX

Your Your
DEX Smart contract DEX Smart contract
wallet wallet

No coin Your order No coin Your order is pending

5. Order execution on the DEX 6. Transfer the new coin back to your wallet

Your Your
DEX Smart contract DEX Smart contract
wallet wallet
Your new
No coin Your order is filled
coin
When your money is transferred to the DEX, meaning it is on the DEX smart contract, it is not in your wallet.
You trade them there, for example, you placed an order, even considering that this is not a CEX, they are at risk.
If at this moment the exchange is hacked or another force majeure event occurs, you could lose all your money on the exchange.
For any trades you must transfer money to the exchange, you must take risks by trusting your money to the exchange.

DEX is hacked
Your lost all your money on DEX

1. Initial state 2. Transferring Money to the DEX


Your wallet Your wallet
DEX Smart contract DEX Smart contract
Your coin Your coin

3. Creating an order on the DEX 4. Waiting for an order to be executed on the DEX

Your wallet DEX Smart contract Your wallet DEX Smart contract
No coin Your order No coin Your order is pending

5. Order execution on the DEX 6. Transfer the new coin back to your wallet
Your wallet DEX Smart contract Your wallet DEX Smart contract
No coin Your order is filled Your new coin
MATRİX is new type of exchange, MEX

No risk
No worries about your assets on the stock exchange
No sleepless nights
From now on and forever, you will trade safely without fear of hackers or unscrupulous DEX.

On MEX, you don't transfer money to the exchange,


you trade directly from your wallet
COMPRASİON
+ You trade from your wallet without first transferring the asset to the exchange
DEX SWAP Exchange,
like UNISWAP - You cannot trade offline, only trade online

- You cannot place a limit order and your other trading tools are limited compared to CEX

The result is high asset security, but reduced functionality

CEX and DEX with - You can’t trade from your wallet without first transferring the asset to the exchange
orderbook and limit + You can trade offline also, not only online
orders
+ You can place a limit order and you have other trading tools

The result is high functionality, but reduced asset security

+ You trade from your wallet without first transferring the asset to the exchange
Mex – Matrix Exchange + You can trade offline also, not only online

+ You can place a limit order and you have other trading tools

The result is high functionality and increased asset security


All these problems are solved by the new DEX technology - Matrix Exchange

DEX on Hybrid contract MATRİX DEX (MEX)

Client 1 Create order Client 1 Create order

The order is saved off-chain The order is saved on-chain

The system creates a new smart


contract
At this point, by storing order data off-chain,
whether in a centralized database or even an
L2 solution, many of the advantages of a DEX This nested smart contract
are lost. This is a forced decision, it was made assumes two masters with
to reduce the cost of gas and increase the different rights.
transaction time when executing an order. But
at the same time, problems arose with security
and decentralization, which have not yet been
resolved
This new smart contract assumes two masters with different rights

*Second Owner*: Your account (Customer 1) on which


*First Owner*: The mother smart contract, which the order was created has the right only to withdraw
only has the right to execute the order funds placed on the order or funds received after the
order has been completed, or cancel the order

The principle of a new smart contract with limited rights ensures the unique
security for your funds. In the event of any force majeure or critical situation
in the parent DEX, your funds remain inside the order on a separate contract
owned by you, and no one can withdraw them except you

The mother smart contract can only You and only you can withdraw funds from a
exchange your coins within the limits of your smart contract order, and in any case, they
order, but in no case can do anything else always remain yours, whether in a pending
with them order, or before or after its execution
THIS IS MEX – Matrix EXCHANGE

A new direction, new in the system of decentralized exchanges, something that will come and occupy the market of
decentralized exchanges

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