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Number of Employees (Ranges)
1 – 10
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Founded Date
2017
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Company Operating Status
Active
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RaidEX is a proposed decentralized cryptocurrency exchange (DEX) built on the Ethereum blockchain that extends the atomic swap abilities of Raiden Network.
The company behind raidEX and Raiden Network development is brainbot technologies. Their goal in building raidEX is to make the exchange more practical than existing decentralized exchanges that are built directly on the blockchain and have limited transaction throughput and low liquidity.
To achieve high throughput and low latency, raidEX utilized Raiden's off-chain state channel technology allowing for atomic swaps between cryptocurrencies.
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