Dexalot Raises $7 million in funding to build the trading infrastructure on Avalanche

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Dexalot receives $7 million to build trading infrastructures. The protocol aims to create a decentralized order book exchange based on Avalanche that allows users to trade any asset with cheap costs, no slippage, and quick price discovery. The order book keeps track of how many tokens are being solicited or bid at a given price point. It tries to fill in the gaps in Avalanche DEXs, which are currently exclusively AMM-based.