CPI Dev Team, Ltd. announced dDEXX on June 22, 2021, describing it as an automated market maker (AMM) decentralized exchange on Binance Smart Chain (BSC). The launch announcement said the exchange offered token swaps, liquidity pools and yield farms. Those are historical, project-reported details—not verification that dDEXX is operating today or that its advertised rewards were achieved.
What was dDEXX?
dDEXX was presented as a decentralized exchange that used an automated market maker model. In an AMM, users trade against liquidity pools rather than relying on a conventional order book. The June 2021 announcement described dDEXX as a BSC-based venue for exchanging tokens, supplying liquidity and participating in yield farms. These descriptions come from the launch release, rather than an independent assessment of the service. Read the June 22, 2021 announcement.
What did the launch announcement say it offered?
- Swaps: The release described exchange and swap functionality on Binance Smart Chain.
- Liquidity pools: Users could provide tokens to pools used to facilitate trading.
- Yield farms: The release said users could stake or otherwise use assets in farms and pools to receive rewards. It referred to potential earnings from transaction fees and farm rewards, but its promotional language about high APRs is not a verified return, a guarantee, or evidence of a particular realized yield.
How did dVest describe dDEXX later?
In a July 29, 2021 post, dVest Labs described dDEXX as an AMM DEX on both Ethereum and Binance Smart Chain, and identified DDEXX as a reward token for users providing liquidity and using its farms and pools. That later description broadens the networks mentioned in the original announcement, but it remains a project-authored account from 2021; it does not establish current network support or availability. Read the dVest Labs post.
Who announced the exchange?
The press release credited CPI Dev Team, Ltd. with the announcement and described it as the parent company of the Crypto Price Index project. It situated dDEXX within the dVest ecosystem. The release identified Herbert Law as CEO of dVest and CPI Dev Team, Ltd., and quoted him describing an ambition to build a “completely decentralized economic system” that rewards participants while remaining economically sound over the long term. That is a statement of intent, not independent evidence that dDEXX was fully decentralized, sustainable or financially successful.
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- Effortlessly build your crypto portfolio via the all in one Ledger Wallet app: buy, sell, send, receive, swap, stake and more across popular blockchains. 15,000+ coins & tokens in a single dashboard. Keep a close eye on the market. Compare service providers. Track performance. Get timely alerts. Build your portfolio with confidence.
- Effortlessly build your crypto portfolio via the all in one Ledger Wallet app: buy, sell, send, receive, swap, stake and more across popular blockchains. 15,000+ coins & tokens in a single dashboard. Keep a close eye on the market. Compare service providers. Track performance. Get timely alerts. Build your portfolio with confidence.
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Is dDEXX active now?
The available historical descriptions do not establish whether dDEXX currently operates. They also do not establish its present liquidity, fees, yields, supported networks or smart-contract safety. A 2021 launch announcement or project post is not enough to determine whether a service is live or safe to use today. Do not treat the historical APR language or reward-token description as current terms.
How should dDEXX be compared with other BSC exchanges?
Binance Research’s 2022 report describes how AMM exchanges on BNB Smart Chain can support swaps of BEP-20 tokens and uses PancakeSwap as an example. It discusses total value locked (TVL), trading activity, token incentives and business-model sustainability as useful evaluation dimensions. It reported PancakeSwap TVL above $3.3 billion as of August 12, 2022; that historical figure concerns PancakeSwap, not dDEXX, and should not be read as a current metric. The report supplies no comparable dDEXX data. Read Binance Research’s 2022 BNB Chain ecosystem report.
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