The Fast Decentralized Exchange, You've Been Waiting For. Decentralized. Accessible to anyone. Complete control of your funds. MerkleX lets you trade ERC-20 tokens with high performance. The Decentralized Clearing Network Makes merkleX Possible. The DCN is a new open protocol that we've developed. When it comes down to it, the DCN is just an Ethereum Smart Contract that manages the on-chain interaction between you and the merkleX exchange. The DCN holds user deposits and securely settles trades while merkleX accepts and matches orders.