What is OKEx Chain?

OKEx Chain is the proprietary blockchain designed by the OKEx cryptocurrency exchange for building blockchain-based trading architecture. The OKEx Chain is designed to increase the speed, security, and privacy of the decentralized finance (DeFi) framework needed to build a decentralized exchange (DEX) — one that makes use of transparent trading rules and community-based operations that allow users to control their own assets. OKEx Chain employs the Cosmos SDK and the Cosmos Tendermint consensus mechanism, as well as the Cosmos Inter-Blockchain Communication (IBC) protocol to carry out cross-chain asset and data transfers needed to realize full chain-to-chain interoperability.