# L1DEX - Decentralised Exchange EMP Money and DEX Finance have joined forces to create a decentralised exchange (DEX) on Layer One X, set to launch in mid-2023. This DEX eliminates the need for bridges and leverages Layer One X technology for decentralised interoperability across different blockchains. By offering a transparent and decentralised alternative to traditional financial intermediaries, it aims to disrupt the current reliance on centralised bridges in many DEXs. The multichain DEX on Layer One X promises increased capital efficiency, reduced fees, improved transaction speed, lower slippage, and enhanced liquidity. With a focus on user privacy and security, it accommodates growing user numbers without compromising performance. The DEX will be interoperable with various blockchains, including Ethereum, Binance Smart Chain, Matic, Avax, Fantom, Arbitrum, Optimism, and Solana, eliminating risks associated with bridging transactions. Additionally, Layer One X is conducting a private sale round for investors interested in supporting the DEX launch and the Layer One X blockchain. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://l1x-sdk.gitbook.io/l1x-foundation/ecosystem/partnerships/l1dex-decentralised-exchange.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.