As you might know, recently Xelis had it's Smart Contract move to mainnet in mid December. The Xelis Forge team has announced that this first DEX on a confidential and private network will be coming out in January.
The Xelis ecosystem is pushing into one of its most anticipated milestones: a fully operational, DEX for native confidential tokens on Xelis L1. While most blockchains settle for wrapping their assets into fragmented L2s or borrowing legacy DeFi tooling, Xelis is building its own primitive - from scratch, with security & speed to support native confidential tokens. This update brings bullish proof: adding liquidity, removing liquidity, and executing swaps all now work directly on-chain.
Yes you heard me right, this will be a one of its kind truly decentralized and zero bullshit private DEX with no tracking of how much you swapped and how much you have. No more bullshit, true privacy with no compromise.
🧠 220 Lines of Code vs 495+ in Uniswap V2
Xelis' DEX smart contract is just 220 lines of Silex. That's over 50% smaller than the most comparable version of Uniswap V2.
Why? Because Silex and Xelis Smart Contracts were purpose-built for this.
No bloated boilerplate. No fragile abstractions. Just simple, readable, and secure core logic - one contract that can handle multiple token pairs, thanks to native multi-asset support. It's easier to write, easier to read, and radically easier to audit.
🚀 Conclusion
✅ Liquidity logic: complete
✅ Swapping verified live
✅ Contract reserve reads working
✅ Community Devs calling it the "most painless" stack they've worked with
The Xelis DEX isn't just coming. It's working.
Not a clone. Not a fork. A native, confidential token, performant DeFi layer built into the heart of Xelis Layer 1.
More to come soon!
If you want more Xelis content, here's my tipping address and that would be awesome if you can try out xelis for yourself!
Tipping address for Xelis here: xel:r3kh90k5cgzdlz7yp47f3ftezrqk3srm7fgs9znshg87juamtq9sqqd2xsh