The very first implementation of decentralized exchange (DEX) on VeChain’s (VET) network, Vexchange, has gone live, according to the official announcement on Medium.
Initially, Vexchange has been launched over three months ago and generated over 5,250 mainnet transactions, burning an estimated 245,000 VTHO in the process.
As it states, the new exchange will let users connect using a Web3 wallet (Arkane or Comet) in order to execute trades in a completely decentralized and trustless manner.
At press time, the exchange is in beta mode.
Earlier, VeChain’s network succeeded to surpass over 1 million transactions on its mainnet.
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