Dexalot is a decentralized exchange that brings the look and feel of traditional centralized exchanges without compromising on decentralization and transparency. Dexalot implements an on-chain central limit order book as a dual-chain subnet application existing on both the Avalanche C-Chain (Mainnet) and the Dexalot Subnet (Subnet) for its trade pairs on the Avalanche platform. The Mainnet and Subnet communicate by generic message passing with the use of high-end bridge technologies. Users deposit from the Mainnet, trade in the Subnet and withdraw from the Subnet. Assets never leave the originating chain while trades are occurring in the subnet.