# SoDEX

> Enable crypto investment for the global masses

SoDEX is a decentralized exchange built on the ValueChain blockchain that supports on-chain order book trading for spot, derivatives, and tokenized real-world assets.

SoDEX is a decentralized exchange targeting traders who need precise order execution without relying on automated market makers. Users can trade spot assets, perpetuals, futures, and tokenized real-world assets through a fully on-chain order book with verifiable settlement. It runs on ValueChain, a purpose-built Layer 1 blockchain designed for high-throughput trading and modular application-chain architecture.

- Type: Protocol
- Sector: Finance
- Status: Active
- Founded: 2025-01-01
- Profile: https://thegrid.id/profiles/sodex

## Products

- [SoDEX](https://thegrid.id/profiles/sodex): SoDEX is an order book decentralized exchange for spot and perpetual trading, deployed on ValueChain. On-chain order matching and settlement run on dedicated appchains, one for spot markets and one for perpetuals. Users retain custody of assets through self-custody wallets and can place limit, market, stop, take-profit, and stop-loss orders. Supported instruments include cryptocurrency pairs, tokenized stock index tokens (SSI), commodities, and other digital assets. Cross-chain deposits are processed through Mirror Protocol, a bridge built on MPC and TEE infrastructure, accepting assets from external networks including Base and custody-supported assets such as BTC, SOL, and XRP. A liquidity vault (SLP) accepts MAG7.ssi and sMAG7.ssi deposits, deploying them as passive market-making liquidity in exchange for a share of trading fees. The platform also includes a portfolio dashboard, an on-chain block explorer, and a SoPoints loyalty rewards program. (Decentralised Exchange, Live, Main Product)
- [ValueChain](https://thegrid.id/profiles/sodex): ValueChain is a Layer 1 blockchain built for high-throughput financial applications using a containerized chain architecture. The base layer (HostChain) runs the consensus algorithm and hosts multiple guest chains stored within its blocks. An EVM-compatible system chain (syschain) manages overall account state and supports standard EVM-compatible decentralized applications. Application-specific chains (appchains) maintain isolated execution environments for individual applications, enabling deterministic high-performance processing. Guest chains are colocated within HostChain blocks, allowing low-latency message passing between appchains without external bridges. The current deployment includes a spot order book appchain, a perpetual order book appchain powering SoDEX, and the EVM syschain as the unified account layer across all appchains. (L1, Live)

## Assets

- [SoSoValue (SOSO)](https://thegrid.id/profiles/sodex): SOSO is the utility token of the SoSoValue ecosystem and the native gas token of ValueChain. It is used for paying transaction fees on ValueChain, reducing trading fees on SoDEX through staking, and voting on governance proposals. SOSO has a fixed total supply of one billion tokens with no inflation, and transfers between Ethereum, Base, and ValueChain use a lock-and-release bridge mechanism. (Utility)

## Links

- [Main](https://sodex.io)
- [Documentation](https://sodex.com/documentation)
- [Whitepaper](https://sosovalue-white-paper.gitbook.io/sosovalue-whitepaper)
- [Terms of Service](https://sodex.com/documentation/resources/terms-of-use)
- [Privacy policy](https://sodex.com/documentation/resources/privacy-policy)
- [Twitter / X](https://x.com/sodex_official)
- [Discord](https://discord.gg/sodex)
- [Telegram](https://t.me/+p6FZLlV71xhjZDY0)
- [Twitter / X](https://x.com/sodex_official)
- [Discord](https://discord.gg/sodex)
- [Telegram](https://t.me/+p6FZLlV71xhjZDY0)

## Relationships

- [SoSoValue](https://thegrid.id/profiles/sosovalue): Parent organization

## 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. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP