BetDEX Exchange

BetDEX Exchange is a Web3 sports betting exchange backed by FanDuel cofounder Nigel Eccles.

It uses a noncustodial architecture, so users retain control of their funds at all times and the platform never holds or touches deposits.

The solution targets three long-standing problems in traditional betting: transaction costs are dramatically reduced to a mere 0.00025 per transaction; Web2-style custody of funds is eliminated, removing the risk of platform-controlled funds; and there are no stake limits for winners, enabling larger bets and bigger, uncapped payouts.