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Скачать или смотреть Cross-Chain Bridge deBridge Launches App For Trading Without Liquidity Pools

  • Crypto World Daily
  • 2023-06-15
  • 84
Cross-Chain Bridge deBridge Launches App For Trading Without Liquidity Pools
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Описание к видео Cross-Chain Bridge deBridge Launches App For Trading Without Liquidity Pools

The DLN app is now live with support for Ethereum, Arbitrum, Polygon, Fantom, BNB Chain, and Avalanche.

Cross-chain bridging service deBridge has released DLN Trade, a cross-chain exchange offering capital-efficient and fast native trading across various blockchains, developers told CoinDesk in a release.

DLN uses a global liquidity engine that creates a decentralized order book, enabling any asset on one chain to be traded directly to any asset on another without the bottlenecks and risks of liquidity pools.

Liquidity pools refer to a basket of tokens locked on decentralized exchanges that are used to facilitate trading for those tokens in the open market. DLN uses peer-to-peer liquidity to conduct trades, instead of relying on a liquidity pool.

“For users, DLN offers unprecedented speed, capital-efficiency, and control — all trades are protected from slippage, MEV, the possibility of reversion, and guaranteed rates with fees as low as 4bps,” developers told CoinDesk.

“Users can also set cross-chain limit orders and cancel at any time before fulfillment. A $10,000,000 cross-chain trade, for example, can be executed for the same low rate as a $1,000 trade,” they added.

DLN claimed their app makes it possible for users to trade across chains without exposure to wrapped assets or liquidity pools for the first time – unlike other services on the market that rely on these instruments.

The DLN app is now live with support for Ethereum, Arbitrum, Polygon, Fantom, BNB Chain, and Avalanche.

https://www.coindesk.com/tech/2023/06...

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