Tehran IndexTehran Index
Live

Research layer for Iran's digital economy

Dashboard
Research
CompaniesSectorsEcosystemSignalsEvidenceInsights
Data products
App IndexForeign ExposureListed CompaniesThe Tehran IndexSector Briefing
Workspace
SearchWatchlistMy Desk
Governance
MethodologyScope & StandardsData termsAbout
TI Weekly. Five source-linked developments and one analysis note, every Friday.
Order a company dossier
Tehran IndexTehran Index
Tehran IndexTehran IndexMapping Iran’s Innovation Economy
Explore
CompaniesSectorsSignals
Standards
MethodologyScope & StandardsThe BenchmarkCorrectionsData termsPrivacyAboutInstitutional access
Contact
desk@tehranindex.comLinkedIn

Tehran Index is not affiliated with the Tehran Stock Exchange (TSE) and publishes no securities index of its own; exchange closing prices shown for tracked listed companies are public reference data (TSETMC / IFB). Tehran Index publishes independent research: every claim is sourced, every named company is resolved to the registry, and every figure carries its evidence state. It is not investment, legal or compliance advice. Tehran Index covers business, technology and markets only. © 2026 Tehran Index. All rights reserved.

HomeSearchWatchlistSignalsMore
Companies›Nobidex

Nobidex

Digital Assetscrypto-exchangeNobitexIn the registry
Entity IDIR-CO-2303
SectorDigital Assets
FoundedCoverage pending
HQCoverage pending
VerificationReported
Last reviewed2026-08-06

Nobidex is a decentralized cryptocurrency exchange (DEX) launched by Nobitex in 2023, the first DEX built and operated within Iran. It enables non-custodial trading on the Arbitrum blockchain, complementing Nobitex's centralized exchange. Part of the broader Nobitex DeFi ecosystem which also includes the Locket non-custodial wallet.

Doing business with Nobidex? Check who legally owns and runs it: registry identity, capital and current board from the Official Gazette, in English with the Persian source, in three working days for USD 750. Full dossier with audited figures and competitors, USD 3,000. Order a Nobidex registry check · see a free sample

SnapshotMetricsBusinessSources
Decision snapshot
What it is: Nobitex's decentralised trading venue, launched at a DeFi Day event (third party)
A crypto trade report states that Nobidex, Nobitex's decentralised trading market for digital currencies, was formally introduced at the DeFi Day event, that the platform lets all users trade without needing to deposit assets to or withdraw them from outside their own personal wallet, and that on Nobidex crypto assets move automatically and with no intermediary between the buyer's and the seller's wallets.
Trade report read 24 September 2026Third-party reported
Iran Broker, crypto exchange news, "Nobidex decentralised exchange and Locket Wallet introduced", opening paragraph ↗ · retrieved 2026-09-24

Every field carries an explicit evidence state and its source. Self-reported figures are labelled as such; nothing is presented with more certainty than its source supports.

Operating metrics, period-stamped
Five trading pairs and a stated fee of 0.1 to 0.2 percent at launch (third party)Trade report read 24 September 2026Third-party reported
The report states that five pairs were then tradable on Nobidex, WBTC/USDT, WETH/USDT, ARB/USDT, LINK/USDC and WETH/USDC, with others to be added later, and that Nobidex offers competitive fees of 0.1 to 0.2 percent, adding that the network transfer fee on Nobidex reaches zero so that no cost is paid for transferring assets.
Iran Broker, crypto exchange news, "Nobidex decentralised exchange and Locket Wallet introduced", trading pairs and fees paragraphs ↗ · retrieved 2026-09-24Five pairs, four of them quoted in a dollar stablecoin, describe a venue built for holders of major assets rather than a market in Iranian instruments, and there is no toman pair in the list, so nothing here touches the rial economy or needs a currency conversion. The zero network fee wording is the outlet's and should be read with care: a trade settled on Arbitrum incurs a chain fee that someone pays, so the claim most plausibly means the venue does not add its own transfer charge rather than that gas is free. The fee range and the pair list are undated on the page and describe the launch period, not today.
Business model & group
How it is built: Arbitrum only at launch, external wallets through WalletConnect, off-chain matching (third party)Trade report read 24 September 2026Third-party reported
The same report states that Nobidex at that point supported the Arbitrum network, with support for Smart Chain, Polygon, Tron, Fantom and other Ethereum EVM compatible blockchains to be added in the near future, and that it works with wallets including Locket Wallet, described as a new Nobitex product, Trust Wallet and MetaMask, which connect to the exchange through WalletConnect. It further states that orders on Nobidex are first checked and confirmed off chain, after which assets transfer automatically between the buyer's and seller's wallets once a match is recognised on chain.
Iran Broker, crypto exchange news, "Nobidex decentralised exchange and Locket Wallet introduced", network and order flow paragraphs ↗ · retrieved 2026-09-24Two points are worth a reader's attention. Single network support at launch, Arbitrum, makes this a narrow venue rather than a general decentralised exchange, and the list of chains to follow is a plan stated by the outlet, not a shipped feature; whether any of them arrived is not established here. Off chain matching with on chain settlement means the venue is not fully on chain: the order book is operated, which is the usual design for a custodial exchange's decentralised product and is relevant to how independent of Nobitex it actually is. Locket Wallet is named in the same report as a Nobitex product and has no record in this index.
Source ledger, every field, its evidence
What it is: Nobitex's decentralised trading venue, launched at a DeFi Day event (third party)Third-party reportedTrade report read 24 September 2026
A crypto trade report states that Nobidex, Nobitex's decentralised trading market for digital currencies, was formally introduced at the DeFi Day event, that the platform lets all users trade without needing to deposit assets to or withdraw them from outside their own personal wallet, and that on Nobidex crypto assets move automatically and with no intermediary between the buyer's and the seller's wallets.
Iran Broker, crypto exchange news, "Nobidex decentralised exchange and Locket Wallet introduced", opening paragraph ↗ · retrieved 2026-09-24retrieved 2026-09-24
How it is built: Arbitrum only at launch, external wallets through WalletConnect, off-chain matching (third party)Third-party reportedTrade report read 24 September 2026
The same report states that Nobidex at that point supported the Arbitrum network, with support for Smart Chain, Polygon, Tron, Fantom and other Ethereum EVM compatible blockchains to be added in the near future, and that it works with wallets including Locket Wallet, described as a new Nobitex product, Trust Wallet and MetaMask, which connect to the exchange through WalletConnect. It further states that orders on Nobidex are first checked and confirmed off chain, after which assets transfer automatically between the buyer's and seller's wallets once a match is recognised on chain.
Iran Broker, crypto exchange news, "Nobidex decentralised exchange and Locket Wallet introduced", network and order flow paragraphs ↗ · retrieved 2026-09-24retrieved 2026-09-24
Five trading pairs and a stated fee of 0.1 to 0.2 percent at launch (third party)Third-party reportedTrade report read 24 September 2026
The report states that five pairs were then tradable on Nobidex, WBTC/USDT, WETH/USDT, ARB/USDT, LINK/USDC and WETH/USDC, with others to be added later, and that Nobidex offers competitive fees of 0.1 to 0.2 percent, adding that the network transfer fee on Nobidex reaches zero so that no cost is paid for transferring assets.
Iran Broker, crypto exchange news, "Nobidex decentralised exchange and Locket Wallet introduced", trading pairs and fees paragraphs ↗ · retrieved 2026-09-24retrieved 2026-09-24

Last full review: 2026-08-06 · Tehran Index research desk · corrections: desk@tehranindex.com

Work with this record
All Nobidex signalsEvidence Library

Alerts, company comparisons, and full-history exports are joining the partner workspace. Request access →

Registered entity
Entity notesDiscovered via TechRasa Insight Iran FinTech 2025 (FY2024-25). Pending TI entity verification: operating entity, national ID, active status.
Evidence & verification
Verification tierReported, single public source
Primary evidencetechrasainsight.com
Registry identifiersWithheld for compliance

Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →

Quick facts
Company dossier

Registry check on Nobidex: legal entity, capital, board and managing director from the Official Gazette. USD 750, three working days. Full dossier with audited figures, competitors and risks: USD 3,000, five working days.

Order a registry checkOrder the full dossier
TI Weekly. Five source-linked developments and one analysis note, every Friday.