DEX Unlimited: How Ray.sX Builds an Open Apps Marketplace for the World of Decentralized Finance

The DeFi market capitalization in 2021 reached $170 billion. At the same time, the opportunities of many decentralized platforms are still limited. Currently, DEXs have only a basic set of services for users, such as growing liquidity or lending. However, the potential of the DeFi market is much greater than what is presented now, and the founders of the Ray.sX project prove this. They have created their own open marketplace for DEX apps where anyone can offer their product or service for the DeFi market. New tools for the DeFi Today, the DeFi space needs new solutions to further expand the opportunities of the existing DEXs. “If you examine the current DEX market, you will find out that it’s like an overlay of SWAP on SWAP. Most of the popular DEX and decentralized platforms have very limited in terms of their functionality. For example, they do not offer limit orders or complex scripts. However, our platform creates an open environment for developers to develop useful apps for the DEX,” said George Gus, founder of Ray.sX. The Ray.sX platform provides an opportunity for professionals to offer their own turnkey DeFi solutions. This creates a direct interaction between developers and DeFi users. In practice, this works simply. You have an application that allows users to create limit orders on the DEX. However, you as a developer cannot find ways to sell it to this very DEX. This is where Ray.xS helps. Just sign up on the...