In the wave of Web3 development, dappOS is building a comprehensive intent layer ecosystem with disruptive innovation, pushing on-chain transactions to new heights. Today, dappOS announced the launch of IntentEX, a spot trading platform based on the intent execution network. This groundbreaking product is setting a new benchmark for on-chain trading with institutional-level liquidity, ultra-fast execution speed, and extremely low fees.
Pain points in the crypto market: Dispersed liquidity, slow speeds, high costs
With the explosive growth of new assets and MEME tokens, the demand for on-chain trading has surged unprecedentedly. However, traditional on-chain exchanges have exposed many shortcomings:
• Insufficient liquidity: Users cannot obtain comprehensive liquidity on a single platform.
• Low execution efficiency: Transaction speed is constrained by blockchain confirmation time, with severe delays.
• High transaction fees: High Gas fees and transaction fees deter users.
These issues have greatly diminished user experience, but dappOS's IntentEX brings a change!
dappOS IntentEX: Redefining the On-Chain Trading Experience
The core innovation of IntentEX lies in its intent-centric trading model. It disrupts the traditional order book architecture by treating user limit orders as intent tasks, efficiently completed through dappOS's intent execution network.
Institutional-level market liquidity
Professional service nodes monitor all CEX and DEX markets in real-time, ensuring that every user's order matches the best price sources, achieving higher transaction rates and better prices.
Faster execution speed
Utilizing the dappOS intent execution network, IntentEX achieves millisecond-level transaction confirmations, approaching the speed of centralized exchanges (CEX) and significantly outperforming traditional on-chain exchanges.
Lower transaction fees
Transaction fees as low as 0.1%, far below most on-chain exchanges, allow users to save costs while trading efficiently.
Decentralization and Transparency
All transactions are recorded on-chain, completely transparent, and a decentralized execution mechanism ensures transaction reliability. Even if a service node fails, other nodes can seamlessly take over.
From task release to transaction completion: IntentEX's unique mechanism
• Release intent tasks: After users submit orders, intent tasks are assigned to service nodes, which must commit to fulfilling the orders. Nodes that fail to fulfill their commitments will be liquidated.
• Order processing consists of three steps:
1. Internal transactions: Prioritize matching trades in the IntentEX order book.
2. Exclusive node transactions: Service nodes exclusively handle remaining orders and utilize market liquidity to complete executions.
3. Open orders: Unfilled orders enter the order book for other users to trade.
For example:
Users submit buy orders for 300 A tokens at a price of 10 USDT. After service nodes commit to fulfilling 250 orders, they quickly fill the rest through internal transactions and market liquidity. The remaining portion only enters the open order phase in extreme cases, ensuring efficient execution of orders.
Core advantages of IntentEX: Innovating the trading experience
1. Capture total market liquidity: Connect on-chain and off-chain liquidity to provide unparalleled depth.
2. Faster and more stable execution efficiency: Millisecond-level confirmation speed, no need to wait for block confirmations.
3. Low-cost trading: Enjoy extreme economic benefits with fees as low as 0.1%.
4. Fully decentralized: Transparent, reliable, no worries about single point of failure.
Milestone of the Web3 Intent Layer Ecosystem
IntentEX is an important component of the dappOS intent layer, following Intent Operating System (IntentOS) and intent assets. IntentEX closes the trading loop and builds a complete Web3 intent layer ecosystem. Users can not only trade seamlessly but also earn asset returns through intentUSD, intentBTC, and intentETH, achieving 'earning interest while holding and trading quickly.'
With the launch of IntentEX, the liquidity, efficiency, and cost problems of on-chain trading are completely resolved. dappOS redefines user trading experience through technological innovation, making every transaction efficient, smooth, and seamless.