The Coreum Native DEX Goes Live on Devnet with a Business-Ready API

The Coreum native DEX went live on Devnet, offering a fully permissionless, organic order book-based decentralized exchange with zero trading fees and compliance-ready smart contract extensions. Purpose-built for tokenized real-world assets, Coreum DEX features advanced matching algorithms and customizable trading logic that allow businesses to easily integrate regulatory compliance and risk management tools into their trading infrastructure.

This article covers why Coreum DEX is relevant, how its API simplifies development, and what use cases it enables.

A Compliance-First DEX for Tokenized RWAs & DeFi

The Coreum DEX delivers a business-ready exchange built specifically for enterprise-grade use cases in the modernized digital economy.

Order book-based DEXs have historically been difficult to implement on the blockchain due to high processing requirements, but recent advancements have made them viable. Coreum’s native DEX joins a select few that have successfully built a fully on-chain, permissionless order book model, without sacrificing speed or scalability.

Standardized Smart Contract Extensions

• AssetFT Integration — Automatically enforce whitelisting, freezing, and regulatory constraints for tokens.
• Pre-Built Compliance Templates — Standardized smart contracts handle trading halts, freezing, KYC enforcement, and whitelisting with minimal development effort.
• Custom Business Logic — Leverage WASM-based smart contracts to apply advanced rules like calendar-based trading restrictions, specific trading hours, and rule-based execution conditions.
• Seamless Upgrades — Extensions can be updated or replaced after deployment, providing adaptability for evolving business needs.

Fair & Efficient 2-Way Matching

• Permissionless & Open — Anyone can create a trading pair.
• Neutral Execution — The matching engine selects the best price available, ensuring no preference between base and quote assets.
• Bidirectional Trading — Orders are matched from both sides of the order book, optimizing price discovery and execution fairness.
• Sub-1 second finality — Optimized for high-frequency trading, ideal for large-scale use.
• Custom order types — (GTC, IOC, FOK) and dynamic price ticks for precision trading.
• Zero Fees — No trading fees at launch.

Security & Governance Tools

• Built-In DOS Protection — A 10 CORE lock per order prevents spam, with the lock released upon order execution or cancellation.
• Max 100 active orders per user — Avoids order book congestion.
• Issuer controls — Enforce trading pair restrictions and manage compliance settings.

How It Works: The Coreum DEX API

The Coreum DEX API simplifies development by providing a RESTful interface on top of the Coreum blockchain’s integrated DEX. This removes the complexity of interacting directly with the blockchain, making it easier for developers to build trading interfaces in any language, integrate automation, and access market data without extensive technical expertise.

Key Features

• Simplified Integration — A RESTful API replaces GRPC and Proto Buff for easier wallet integration and eliminates the need to sync blockchain data types.
• Reliability with Crash Recovery — Built-in reliability ensures seamless operation with data aggregation and recovery mechanisms.
• Track Orders — Monitor active and completed orders in real time.
• Execute Trades — Automate order placement and execution directly from applications.
• Retrieve Market Data — Fetch OHLC (Open/High/Low/Close) data and real-time price tickers.
• Aggregate Data — Use built-in data aggregation for enhanced analytics and tracking.
• Scalability — The API is horizontally scalable, efficiently handling thousands of parallel requests.

These features make Coreum DEX accessible to anyone, providing an intuitive experience while maintaining security and scalability.

Use Cases & Opportunities

The Coreum DEX unlocks new opportunities for businesses, developers, and institutions by combining permissionless trading, compliance automation, and scalable liquidity solutions. Its extensible architecture allows for deep customization, setting it apart from other decentralized exchanges.

For Businesses:

• Monetize Trading Interfaces — Launch and manage branded trading interfaces for tokenized assets with liquidity-as-a-service, gaining access to a ready-made order book without building from scratch. Easily integrate a fee structure within your UI to generate revenue on trading activity.
• Enterprise-Grade Tokenization — List tokenized real-world assets like private equity, bonds or real estate with built-in compliance controls.
• Customizable Market Rules & Restrictions — Configure trading conditions to tailor market access and asset pairings. Restrict trading to verified institutional investors or allow only commodities to be traded against regulated stablecoins. Enable seasonal or event-based token markets, such as carbon credit cycles or festival ticket trading, to meet industry-specific needs.

For Developers:

• Algorithmic Trading & Market Data — Develop trading bots for market making, arbitrage, and liquidity provision while leveraging real-time OHLC, order book, and trade history data to build institutional-grade analytics tools.
• Bespoke Marketplaces — Build niche exchanges for RWAs, carbon credits, stablecoins, or institutional DeFi products, with natively programmable rules.
• Dynamic Trading Incentives — Implement automated incentives, such as rewarding traders during low-activity hours or adjusting spreads for different time zones.

For Institutions & Liquidity Providers:

• Large-Scale Liquidity & High-Frequency Trading — Deploy risk mitigation tools like volatility controls and governance-based order restrictions. Execute strategies with sub-1 second finality, two-way order matching, and custom tick sizing for precision execution.
• Programmatic Market Making & FX Market Automation — Use smart contracts to facilitate automated liquidity strategies and earn spreads on tokenized assets. Create tokenized forex pairs with jurisdiction-based volume caps and programmable trading hours.
• Whitelisted Trading Desks & Prediction Markets — Restrict access to trading desks based on token holdings, ensuring only qualified investors can participate in specialized markets. Enable time-limited prediction markets on major public events, with a structured, oracle-free model that allows decentralized forecasting without external dependencies.

By providing pre-built smart contract templates, a developer-friendly API, and extensive customization options through extensions, The Coreum DEX ensures businesses can rapidly launch revenue-generating applications without needing to develop from scratch.

How to Get Started

The Coreum DEX API enables development with minimal technical complexity. To get started, reference the official documentation or go directly to the API.

Step 1: Install the CoreDEX Locally

To run the API locally, ensure your system has the following installed:

• Go 1.23+ — Download Go
• MySQL — Download MySQL

Then, set up your database:

CREATE DATABASE friendly_dex;
CREATE USER 'testuser'@'localhost' IDENTIFIED BY 'password';
GRANT ALL PRIVILEGES ON friendly_dex.* TO 'testuser'@'localhost';
FLUSH PRIVILEGES;

Step 2: Run the API

Once installed, navigate to the project directory and start the API:

./bin/start.sh

This initializes:

• The API Server — Handles trade execution and data retrieval.
• The Data Aggregator — Gathers and organizes blockchain trading data.
• The Storage Module — Maintains a MySQL database for scalability and persistence.

Once running, the UI is accessible at:

http://localhost:3000

Step 3: Connecting to the API

Interact with the API using any programming language. The API endpoints allow for:

• Order Placement — Submit buy and sell orders.
• Market Data Retrieval — Fetch real-time pricing, OHLC data, and tickers.
• Trade Execution Automation — Programmatically manage and execute trades.

For full documentation and available endpoints, refer to the official API docs.

Next Steps

• Start building — Test API calls and integrate them into your application.
• Deploy — Use the API for real-time trading and analytics.
• Customize — Extend functionality with smart contracts.

Join the Coreum Discord for additional resources and support.

Bridging TradFi & DeFi with Compliance-Driven Trading

The Coreum DEX sets a new standard for decentralized trading by combining the efficiency of a fully on-chain, organic order book-based model with compliance-ready smart contract extensions. With sub-1 second finality and a zero-fee structure, it is purpose-built for businesses, developers, and institutions.

By simplifying integration with its RESTful API, the Coreum DEX facilitates the on-demand tokenization and trading of real-world assets, creating a frictionless link to a digital-first economy.

Start building today.

About Coreum

Coreum, the world’s first Superledger, is a 3rd-generation, layer-1 blockchain architected for enterprises of any size. Built on the Cosmos SDK and leveraging Complete BFT consensus, Coreum ensures high security and scalability. With transactional speeds up to 7,000 TPS and ISO 20022 compliance, Coreum enables fast, secure, and economical transactions across its PoS network.

Website: coreum.com
Twitter: @CoreumOfficial
Telegram: @CoreumOfficial
Contact: hello@coreum.com