The NIOdex smart decentralized exchange was designed to address the shortcomings of existing decentralized exchange design by incorporating high order throughput, decentralized peer-to-peer crypto exchanging, algorithmic trading features, inbuilt sentiment analysis modules and an inbuilt decentralized market making module. The NIOX token is an extension of the NIO token, created to further power the Autonio Ecosystem, specifically the NIOdex and NIOX Portal. The NIOX token is designed to provide users with active staking, security and resilience benefits on the NIOdex decentralized exchange.