Taebit DEX is the world's first non-custodial decentralized exchange (“DEX”) that powers a foreign exchange (“FOREX”) market with the backing of a single reserve, hybrid algorithmic omni-currency stablecoin engine (Alkemy Mint, discussed more in detail below). Taebit is a Solana-based DEX platform inspired by the practicality of centralized exchanges but in alignment with the core philosophy of web3, combining the functionality of a DEX with the infrastructure of a fully functioning foreign exchange (FX) market.
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