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IDEX is the first Ethereum based decentralized smart contract exchange to support and perform real-time trading and high transaction throughout. The IDEX smart contract is designed such a manner that the exchange has the only authorization to submit signed trades to Ethereum. Due to this particular step, IDEX can control the order in which transactions are processed, separating the act of trading from final settlement. IDEX provides the speed and user experience of centralized exchanges combined with the security and auditability of decentralized exchanges.