dappOS introduces spot trading functions
Based on its intent layer technology, dappOS@dappOS_com implements spot trading functions, providing a convenient and efficient trading experience comparable to CEX. Operations are simpler, efficiency is outstanding, unlocking a new Web3 trading method for users!
Project Background:
dappOS launches intentEX to optimize on-chain trading experience
In the current market boom, on-chain exchanges generally face issues of fragmented liquidity, slow transaction speeds, and high fees. dappOS's intentEX platform (https://portal.dappos.com/trade)
By aggregating overall market liquidity, reducing costs, and enhancing efficiency, it helps users easily realize their trading intentions! By aggregating overall market liquidity, reducing costs, and enhancing efficiency, it helps users easily realize their trading intentions!
The principle of intentEX:
intentEX treats user limit orders as intent tasks, entrusting nodes to execute trades through the dappOS intent execution network, supporting completion on any chain.
This mechanism integrates the liquidity advantages of CEX and DEX, providing users with faster execution speeds and lower fees, while significantly improving the experience and efficiency of on-chain trading.
On-chain order processing mechanism: Three steps to optimize user experience
1. Internal transactions
Orders first seek matching orders in the intentEX order book for direct execution.
2. Exclusive transactions for nodes
Uncompleted orders will be exclusively processed by service nodes within a limited time.
If a node fails to complete committed orders, it will face liquidation.
Nodes can also process more orders to enhance efficiency.
3. Open order listing
Remaining orders are listed on the intentEX platform for other users to trade.
4. Node incentive mechanism
Nodes with slow execution speed or fewer completed orders will have their competitive weight reduced, decreasing the opportunity to take orders.
This mechanism incentivizes nodes to complete user orders more efficiently and comprehensively.
Core advantages of intentEX:
1. Institutional-level market liquidity
Professional service nodes match the best prices in CEX and DEX in real time, ensuring rapid order execution.
Hybrid liquidity capture: Combining on-chain and off-chain liquidity to provide better prices and efficiency than pure on-chain designs (like routers).
Unique OMS mechanism: Nodes do not need to occupy large amounts of capital or stake, supporting multi-tasking to reduce operational costs and improve efficiency.
2. Extremely fast execution speed
Using the overall platform liquidity and service nodes of the dappOS intent execution network, order processing speed can be as fast as 500 milliseconds.
Faster than public chain block speed, providing users with a smooth experience close to centralized exchanges.
3. Ultra-low fees
Fees as low as 0.1%, far below the rates of most on-chain exchanges, making it a high-value choice for users.
4. Decentralization and transparency
All transactions are publicly recorded on-chain, ensuring transparency and credibility.
High reliability: Decentralized mechanisms ensure smooth connection even during node failures, continuously completing transactions.
intentEX: Combining the experience of CEX with the security and openness of DeFi, it is the best choice for on-chain trading!
Project Summary:
IntentEX is a trading intention product created for users during dappOS's construction of the Web3 intent layer. It carries the new mission of dappOS after operational intention and asset intention, comprehensively enhancing users' on-chain trading experience through the integration of overall market liquidity, efficient execution networks, and transparent on-chain records.
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