NEON is a cryptocurrency that is built on the Ethereum blockchain. It is an ERC-20 token that is used to power the Neon Exchange (NEX) platform. The platform is designed to be a decentralized exchange that allows users to trade cryptocurrencies without the need for a central authority. The Neon Exchange is built on the NEO blockchain, which is known for its fast transaction speeds and low fees. The platform is designed to be user-friendly and accessible to both novice and experienced traders. It offers a range of features, including a trading interface, a wallet, and a decentralized exchange.

The Neon EVM (Ethereum Virtual Machine) is a key feature of the Neon Exchange platform. It allows developers to build decentralized applications (dApps) on the NEO blockchain using the Ethereum programming language. This means that developers can use the same tools and programming languages that they are familiar with to build dApps on the NEO blockchain. The Neon EVM is designed to be compatible with the Ethereum Virtual Machine, which means that developers can easily port their existing dApps to the NEO blockchain. This makes it easier for developers to build decentralized applications on the NEO blockchain, which could help to increase adoption of the platform.