It's a DEX AMM running on the Elrond Network. It is built by the same team that has built the Elrond blockchain. You could call it the "official" DEX. There can be any number of DEX-es built on Elrond

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Trading Pair	1h	24h	7d	1m	3m	1y
MEX/USD	−0.25%	0.94%	−0.98%	−1.17%	−55.58%	−74.91%
MEX/BTC	−0.08%	−0.04%	−0.18%	−6.84%	−42.11%	−68.62%
MEX/ETH	−0.15%	−1.13%	−1.58%	−10.62%	−34.92%	−77.14%
MEX/DEX	0.03%	2.68%	−0.74%	−14.42%	−53.27%	−74.61%

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