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Developing and promoting a sustainable digital asset ecosystem for the future
OAX Foundation believes that the future is shaped by the work done today. Explore our vision and the work being done within this space.
Openness, trustlessness and strong governance are the foundations that will enable digital assets to flourish in today’s highly complex and regulated financial world.
- Hugh Madden
Co-Founder OAX Foundation
OAX Highlights
OAX DeFi
Parachain Features
Developed for the Polkadot Network based parachains, explore five features that were developed by OAX
OAX Layer 2
Protocol
Released August 2019, the Layer 2 Solution (L2X) focuses on addressing scalability, dispute resolution and more for decentralized exchanges.
OAX Community &
Research
Beyond development internally, support the industry is key. Explore the work we've done with Professor Syren Johnstone in exploring regulations within this space.
Our Journey
  1. June 2018
    Tech Milestone
    DEX Prototype Launch
    Launch of a new decentralized platform for the trading of digital assets and made available for testing. Refined using Continuous Delivery engineering approach.
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  2. Jul 2018
    Business Milestone
    AMA Session #2
    The second AMA was hosted shortly after the launch of the DEX prototype launch, giving the Telegram community an opportunity to speak to the team on the release.
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  3. Dec 2018
    Tech Milestone
    1,000 Transactions per second
    A breakthrough moment for the team in our quest to address speed on DEX platforms. Over 1,000 transactions per second using only a single node server!
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  4. Jan 2019
    Tech Milestone
    DEX hits testnet
    Deployment to the Rinkeby Testnet allowing the OAX team to evaluate the platform's performance in greater detail. Don't forget to check out the video.
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  5. Feb 2019
    Tech Milestone
    OAX DEX Software Development Kit Launched
    Supplementing the release of our DEX platform on testnet, we also released our SDK for community partners, allowing for users to interact with our platform using its built-in command link interface.
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  6. Mar 2019
    Tech Milestone
    AMA Session #3
    Our first subReddit AMA. Topics ranging from legal framework, marketing to BD, and joined by our long-term partner, Eunma Technologies.
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  7. Mar 2019
    Tech Milestone
    OAX Solidus Lab Partnership
    Machine-learning powered market surveillance partner, Solidus Lab, joins OAX's efforts to address market manipulation across the industry.
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  8. Mar 2019
    Tech Milestone
    OAX - KYC-Chain Partnership
    Bringing strong governance standards in digital asset trading is instrumental in creating a foundation of trust. Welcoming our new partner, KYC-Chain!
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  9. Apr 2019
    Business Milestone
    OAX - Blockpass Partnership
    A digital identity application and service that brings control back to the user, fundamental to the era of digital assets and blockchain. Blockpass working together with us to improve adoption of standards needed for the industry.
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  10. Jun 2019
    Business Milestone
    L2X Protocol Specification
    A new paper, a new milestone. Setting out the technical specifications of the L2X protocol, focusing on four key interactions: clients, the exchange, operators and a mediator smart contract.
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  11. August 2019
    Tech Milestone
    L2X Protocol Launch
    Long-awaited, the source code is open-source and here for everyone. Addressing speed, scalability and trust. By allowing the dispute resolution process to take place on-chain, platform users can settle disputes directly without having to use third-party custodians.
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  12. Sep 2019
    Business Milestone
    AMA Session #4
    Our community keeps growing! They came, they asked and we answered. 110 questions over 24 hours.
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  13. Feb 2020
    Business Milestone
    OAX-Polkadot Network Strategic Initiative Launched
    OAX Foundation announces a strategic initiative to build on the Polkadot Network, opening opportunities for the future with DeFi.
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  14. April 2020
    Tech Milestone
    AMA Session #5
    Highlights of our AMA session, focusing on our plans of building a parachain on the Polkadot Network.
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  15. August 2020
    Tech Milestone
    Features Open Source Release
    The official release the code for the five features that would benefit parachains on the Polkadot network, open sourced and available on the OAX Github page.
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Latest Updates
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Community Update
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How Financial Regulation Has Altered The Crypto Asset Landscape
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Community Update
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Rumours Of Defi’s Demise Have Been Exaggerated
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Community Update
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October Community Update
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