ICPEX Team Statement
Hello everyone, this is the ICPEX team statement:
In response to the recent community inquiries and concerns regarding the ICPEX SNS launch and the future development of the ICPEX team, we would like to provide a comprehensive explanation and public statement.
Explanation Regarding the ICPEX SNS Execution Issues
ICPEX has completed an internal review of its SNS launch process. The core issues are as follows:
- Our team had issues in the SNS launch process, including permission violations, unclear funding structure, and a lack of a complete review mechanism during the SNS launch phase.
- These issues are directly related to the unauthorized actions of Tiger, who intervened as a financing advisor and exceeded his authorized scope during project assistance.
- The team failed to clearly define collaboration permissions, resulting in significant management oversights.
To thoroughly address the governance, funding structure, and management mechanism issues, the ICPEX team has initiated the following processes:
- Tiger initially participated in the ICPEX project through direct investment. After friendly negotiation, all cooperation with Tiger has been terminated.
- After negotiation with Tiger, all ICX tokens held by him will be locked for 2 years, with a commitment not to dissolve or participate in SNS voting.
- ICPEX commits not to initiate any SNS Treasury fund withdrawal proposals until the new version of the product is officially launched and receives community recognition.
Team Adjustments and System Restructuring Direction
To ensure project governance and execution efficiency, ICPEX has completed the following team structure adjustments:
- New partners have joined the ICPEX team, enabling more efficient execution in terms of product direction and market rhythm.
- The development and deployment of the new version of ICPEX have been fully launched, and the phased achievements and roadmap are being synchronized.
The system restructuring work began more than a month ago, and the core architecture and delivery timeline are clearly controllable. The related documents were attached in the download link below.
Restructuring Standards and Delivery Goals
The new version of ICPEX will be delivered around the following four core indicators:
- Speed: Target transaction response time controlled within 2 seconds.
- Liquidity: Aggregate major DEXs across the network (such as ICPSwap, KongSwap, Sonic) to achieve optimized liquidity depth.
- User Experience: UI/UX will be completely redesigned, and the interaction process and user experience will be comprehensively upgraded.
- AI: Deeply integrate AI capabilities to promote the standardized implementation of the MCP (Model Context Protocol) on IC.
We pay special attention to system bottlenecks in the IC chain architecture, including:
- Cross-subnet communication latency.
- Lack of atomic transactions, difficulty in trading rollback.
- Transaction interruption and potential MEV risks caused by multi-canister calls.
ICPEX deeply understands these pain points and difficulties, and has developed a detailed transaction optimization plan on this basis, as detailed in: 《ICPEx Trading Experience Speed Upgrade Plan Report.pdf》
Aggregated Liquidity Standard
ICPEX will build a unified liquidity aggregation standard to achieve single-entry cross-platform asset exchange capabilities. We will open source all related aggregation routing code and publish it in the form of an NPM package for other developers in the ecosystem to integrate and call. ICPEX will also integrate this standard, thereby strengthening liquidity aggregation on IC. See the detailed plan: 《ICPEx Routing Aggregation Solution Report.pdf》
UI/UX Comprehensive Upgrade
A month ago, we assembled a professional UI/UX team to complete the new version of ICPEX covering dark and light modes. This is a high-standard UI/UX design that can be publicly verified, and any developer can refer to its depth and difficulty of work. Design drafts are detailed in:
- 《icpex_light.pdf》
- 《icpex_dark.pdf》
AI Capability Building and MCP(Model Context Protocol) Implementation
The prototype site has been launched: https://ai.icpex.org/
The system integrates real-time on-chain data and social sentiment, and supports:
- Multi-exchange market analysis (depth, K-line, capital flow)
- OpenAI / DeepSeek model trend identification
- Path simulation and strategy recommendations under multiple conditions
In the Coze module alone, more than a dozen workflows have been built, and screenshot records are detailed in the ai_flow/ directory in the attachment.
In the next stage, we will focus on promoting the implementation of the MCP (Model Context Protocol) on IC, providing standard transaction interfaces for AI Agents, and promoting automated operations to become a reality. Once completed, the relevant standards will be open for the entire ecosystem to refer to. See: 《Implementing the MCP Protocol.pdf》
Timeline and Delivery Management
We have set a detailed schedule for the reconstruction progress of each module, and all development nodes have been scheduled. The complete roadmap is available in:
- 《ICPEx Project Development Timeline (April 1 - June 1, 2025).pdf》
This update comprehensively covers governance handling, product structure, technical path, AI integration, and delivery plan. We will continue to execute each stage of the task with higher standards.
Our team accepts community supervision and ensures that the delivery will be completed within the next two months.
All materials, design drafts, and technical documents mentioned in the text have been packaged and uploaded. Welcome to download and review:
ICPEX Attachment Download
ICPEX Team