Trades typically go through within one to two minutes. The LDEX trading application displays progress indicators while orders are pending and when they have been matched.

LDEX implements a decentralized 2-way peg mechanism. Each DEX market is made up of between 8 to 100 validators who sign cross-chain trades.

The full trading history is visible on both affected blockchains. Trades can be traced across different blockchains and historical prices can be determined trustlessly.

Transfers only go through if they have been signed by the majority of DEX validators. This protects funds from both attackers and rogue validators.

Trades are processed chain-to-chain without a centralized intermediary. The pseudo-anonymity provided by the underlying blockchains is maintained.

From the user's perspective, LDEX provides all of the key features of a regular exchange. Its decentralized order book accepts both standard limit orders and market orders.

Cross-chain transfers are derived from the data on the underlying blockchains. This means that each market can only have one correct and immutable version of history.

All the code behind LDEX is fully open source. The goal is to create an ecosystem of decentralized free markets which is open to all participants.