Dexilon stands out as the pioneering decentralized exchange (DEX) that operates on a limit order book system, all while being empowered by its own native blockchain. It is governed by the community in a manner that is both trustless and transparent, ensuring fairness in its operations. By combining funding rates with rebates, Dexilon streamlines arbitrage opportunities, enhancing overall market efficiency. This DEX is built on a dedicated blockchain, allowing for a high transaction throughput without the dangers of network congestion, which is a common concern in other platforms. Users can easily connect their crypto wallets to lock funds within a smart contract, mirroring the functionality typical of standard DEXs. Furthermore, critical components such as liquidation processes and minimum margin requirements are open source, making them verifiable by anyone interested. Trading fees are equitably allocated between market makers and takers, promoting a balanced trading ecosystem. To maintain accurate pricing, price oracles provide real-time asset data, which is essential for constructing the underlying index. Users can connect their wallets seamlessly; Dexilon is fully compatible with both MetaMask and Binance Wallet. Depositing funds is a straightforward process that involves signing a transaction, with support for popular stablecoins like USDT and USDC. This innovative approach positions Dexilon as a frontrunner in the evolving landscape of decentralized finance.