# Dexalot > Own your trade Dexalot is a decentralized exchange with an on-chain central limit order book. It lets users trade with limit and market orders or swap tokens on one chain or across chains while keeping custody of their funds. Dexalot is a non-custodial, omni-chain decentralized exchange built around a central limit order book that runs on its own Avalanche L1. It offers order-book trading with limit and market orders alongside one-click same-chain and cross-chain swaps through SimpleSwap. The exchange is aimed at traders who want order-book execution without handing custody to a centralized venue. Users deposit from supported host chains, and Dexalot moves balances with generic cross-chain messages instead of traditional bridging. Matching and settlement happen on chain on the Dexalot L1, which keeps gas costs low, and prices come from user market making rather than oracles. ALOT holders can stake on the L1 and receive a liquid staking token. The Dexalot Incentive Program rewards trading and liquidity provision, and OmniVaults let projects and users supply liquidity to the order book across chains from one source. A trading API supports programmatic access. It is used by retail traders, market makers, token projects and ALOT holders. - Type: Protocol - Sector: Finance - Status: Active - Founded: 2021-12-01 - Profile: https://thegrid.id/profiles/dexalot ## Products - [Dexalot](https://thegrid.id/profiles/dexalot): Dexalot is a non-custodial decentralized exchange whose central limit order book runs on the Dexalot L1, an Avalanche application chain. Traders place limit and market orders on the order book or use SimpleSwap for one-click same-chain and cross-chain swaps, with deposits from host chains moved by generic cross-chain messages. OmniVaults let projects and users supply order-book liquidity across chains from a single vault. The Dexalot Incentive Program rewards trading and liquidity provision, and a trading API offers programmatic access. (Decentralised Exchange, Live, Main Product) - [Dexalot L1](https://thegrid.id/profiles/dexalot): Dexalot L1 is the Avalanche L1 blockchain that runs Dexalot's central limit order book, where orders are matched and settled on chain. Staked ALOT helps secure the chain through proof of stake, and liquid stakers receive a staking receipt token. Host chains connect to it through cross-chain messaging rather than asset bridges. (L1, Live) ## Assets - [Dexalot (ALOT)](https://thegrid.id/profiles/dexalot): ALOT is the utility token of Dexalot, a non-custodial omni-chain DEX built on an Avalanche L1. It is used to pay gas fees and participate in the Dexalot Incentive Program, with staking and governance functions planned. It serves as the exclusive native currency of the Dexalot L1, where a dedicated Gas Tank wallet holds only ALOT to cover transaction costs. (Utility) ## Links - [Main](https://dexalot.com) - [Documentation](https://docs.dexalot.com) - [Blog](https://dexalot.com/en/blog) - [Privacy policy](https://docs.dexalot.com/en/legal/PrivacyPolicy.html) - [Terms of Service](https://docs.dexalot.com/en/legal/TermsAndConditions.html) - [Medium](https://medium.com/dexalot) - [Discord](https://discord.gg/Dexalot) - [GitHub](https://github.com/Dexalot) - [Twitter / X](https://x.com/dexalot) - [Telegram](https://t.me/dexalot_com) - [YouTube](https://www.youtube.com/@Dexalot) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. 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