AlphaDEX is a decentralized Automated Market Maker (AMM), Incubator, Yield Farming, and Non-Fungible Token (NFT) Launch solution. It provides a cross-chain layer 2 scaling on various platforms including Moonriver, Ethereum, and Kusama. AlphaDEX aligns with technologies to provide a trading protocol and an enhanced user experience. The platform's vision is to develop a cross-chain driven AMM protocol that utilizes a para-chain, featuring Polkadot interoperability in its desired state.

AlphaDEX operates as a decentralized exchange (DEX) that has been integrated into Moonriver and Ethereum blockchains. It provides an AMM experience, coupled with Moonriver, to create a DEX. AlphaDEX aims to provide compensation for all eligible transactions that take place on its protocol. It also aims to provide staking and farming rewards to $ROAR token holders, while also giving them first options for launched projects via the launchpad. The platform strives to create markets and share in liquidity pool rewards, providing users the opportunity to join its community.

AlphaDEX has a variety of potential use cases. It serves as a platform for yield farming and liquidity provision, providing users the opportunity to receive compensation from transaction fees. AlphaDEX also functions as an incubator and NFT launchpad, providing a platform for the launch and trade of NFTs. Furthermore, it aims to provide a governance system, looking after early adopters of their protocols and rewarding their token holders effectively. The platform also plans to release an integrated Initial DEX Offering (IDO) Launchpad, with auto listing onto AlphaDEX AMM, providing a platform for new project launches.

AlphaDEX was developed with a vision to create a cross-chain driven AMM protocol. The platform was developed to be operational and integrated into Moonriver and Ethereum blockchains. AlphaDEX's journey began with strategic rounds in late November 2021, followed by the deployment and UI integration of DEX into Moonriver in the same month. In January 2022, AlphaDEX launched on 2 IDO Launchpads, and the token generation event was scheduled for the same month. The platform has continued to develop, with intentions to introduce Liquidity Provider (LP) staking & farming programs and an integrated IDO Launchpad.