not approved
Sharing liquidity between DEXs
Current Project Status
Unfunded
Amount
Received
Received
$0
Amount
Requested
Requested
$52,000
Percentage
Received
Received
0.00%
Solution
We want to develop an open order book that can be used by any DEX to fill orders. This meta-dex protocol allows users to place limit orders and use the liquidity of all participating DEXs.
Problem
On Cardano each DEX uses its own “orderbook”. Downsides
- The need for aggregation tools to find optimal prices
- Limit orders can only be placed against one protocol at a time
- DEX specific, low liquidity
Impact / Alignment
Feasibility
Auditability