Currently, traditional on-chain exchanges face issues such as insufficient liquidity, slow transaction speeds, and high fees, which severely affect the user trading experience. Users often cannot enjoy full market liquidity on a single platform, leading to low trading efficiency and often high trading costs. To address these issues, dappOS has launched the spot trading feature based on its intent infrastructure—IntentEX, further helping users realize their trading intentions and improve the dappOS intent layer ecosystem.
One, Pain Points of Traditional On-Chain Exchanges
1. Insufficient liquidity: Many existing on-chain exchanges struggle to provide enough liquidity, leading users to face issues with orders not being executed in a timely manner.
2. Slow transaction speed: Due to the characteristics of blockchain networks, traditional on-chain exchanges often have slow transaction speeds, and users need to wait a long time to complete transactions.
3. High fees: Transaction fees for traditional on-chain exchanges are often high, increasing users' trading costs.
Two, How IntentEX Solves These Problems?
1. Providing institutional-level full market liquidity
IntentEX combines high-quality on-chain and off-chain liquidity to provide users with full market-level liquidity. Through the professional service nodes in the dappOS intent execution network, IntentEX can observe and match user orders in real-time across all markets of CEX and DEX, ensuring that each of the user's orders can quickly connect to the optimal price source, achieving higher transaction rates and faster transaction execution.
2. Increase transaction speed
IntentEX utilizes liquidity across the platform, providing users with faster transaction speeds than conventional on-chain trading through rapid matching of order book prices. Generally, from the completion of the user signature, IntentEX can complete signature confirmation within 500 milliseconds, even faster than the block generation speed of public chains. This significantly reduces transaction waiting times, allowing users to complete transactions more quickly.
3. Reduce transaction fees
IntentEX relies on the professional service node network of dappOS, greatly optimizing transaction fees, with costs as low as 0.1%, far below the rates of most on-chain exchanges. This makes IntentEX a more economical choice for users when trading on-chain.
Three, How IntentEX Works
1. Publish intent tasks: When users issue limit orders on IntentEX, it is equivalent to publishing an intent task in the dappOS intent execution network. Matching nodes in the network will assign the task to the service node with the strongest overall competitiveness.
2. On-chain order processing: Service nodes complete order processing in three steps under system constraints: internal transaction, exclusive transaction by node, and open order.
Four, Integration of IntentEX with the dappOS Ecosystem
The launch of IntentEX not only enriches dappOS's product line but also further improves its intent layer ecosystem. Previously, dappOS had already realized operational intent and asset intent through IntentOS and Intent Asset. Now, with the launch of IntentEX, the dappOS intent layer ecosystem is more complete, providing users with comprehensive services from operations to assets to trading.
Five, Summary
By launching IntentEX, dappOS not only addresses the issues of insufficient liquidity, slow transaction speeds, and high fees faced by traditional on-chain exchanges but also provides users with a more convenient and efficient trading experience.