Table of contents

B-DEX

B-DEX is a concept for a bonding-curve exchange for tokenized assets. It is shown in the app as a preview only and is not available for trading.

Status: Preview — not live

Overview

In a bonding-curve exchange, there is no order book of buyers and sellers. Instead, a formula (the curve) sets the price: the price would rise as more tokens are bought from the curve and fall as tokens are sold back, with a reserve held by the contract on the other side. The idea is to give an asset continuous liquidity without waiting for a matching counterparty.

B-DEX is Libertum’s design for applying this model to tokenized real-world assets. The in-app Convert screen shows how it could look. It does not execute trades.

Who it’s for

Readers who want to understand where Libertum’s secondary-market work could go. It is not something investors or issuers can use today.

Key capabilities

As a preview, B-DEX has no live capabilities. The concept covers:

  • Formula-based pricing from a bonding curve instead of an order book.
  • A contract-held reserve on the other side of each trade.
  • Continuous liquidity for a tokenized asset, in principle.

For secondary trading that works today, see the P2P order book, which is live on Base mainnet (described in the Investor guide).

Status and availability

Status: Preview — not live

B-DEX is not live. No trades can be placed, no prices on the preview screen are executable, and nothing here is an offer to buy or sell any asset. Any future launch would depend on technical, legal and regulatory work that is not complete.

Pricing

There is no pricing for B-DEX because it is not available. See the plans page for the products you can use today.

Learn more