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Biturai Trading Wiki
The Biturai crypto encyclopedia: AI-assisted, data-informed, and continuously quality-audited.
Understanding Routing and Multi-Hop Swaps on DEXs
Decentralized exchanges facilitate cryptocurrency trades through liquidity pools. When a direct trading pair is unavailable, multi-hop swaps route transactions through intermediate tokens to complete the exchange.
Price Impact vs. Slippage on Decentralized Exchanges
On decentralized exchanges, price impact and slippage are distinct yet related concepts affecting trade execution.
Understanding and Preventing Sandwich Attacks on DEXs
Sandwich attacks are a form of market manipulation on decentralized exchanges where an attacker places orders before and after a victim's transaction to profit from the resulting price movement.
Understanding Gasless Trading on Decentralized Exchanges
Gasless trading on decentralized exchanges allows users to execute transactions without directly paying network fees. This innovation significantly enhances user experience and accessibility in the decentralized finance ecosystem.
Carbon DeFi: Understanding Range Orders on a Decentralized Exchange
Carbon DeFi introduces advanced trading capabilities to decentralized exchanges, allowing users to define specific price ranges for their liquidity.
Hashflow: The RFQ-DEX with Cross-Chain Bridging Explained
Hashflow is a decentralized exchange (DEX) that employs a Request-for-Quote (RFQ)-model, connecting traders directly with professional market makers.
Ekubo: A Concentrated Liquidity DEX on Starknet
Ekubo is a decentralized exchange built for Starknet, leveraging concentrated liquidity for efficient token swaps. It offers lower fees and better pricing by utilizing Starknet's ZK-STARKs technology.
Fluid DEX: Understanding Smart Collateral Trading
Fluid DEX introduces an innovative approach to decentralized exchange by integrating lending and trading. It utilizes "smart collateral" and "smart debt" to create highly capital-efficient liquidity pools.
DODO: Understanding the Proactive Market Maker DEX
DODO is a decentralized exchange protocol that utilizes a unique algorithm called the Proactive Market Maker (PMM) to provide efficient on-chain liquidity.
Bancor: Explaining the Single-Sided Staking AMM
Bancor is a pioneering decentralized exchange (DEX) and automated market maker (AMM) protocol that introduced single-sided staking and impermanent loss protection.
Trader Joe: Decentralized Exchange on Avalanche and Liquidity Book
Trader Joe is a prominent decentralized exchange built on the Avalanche blockchain, offering efficient trading and liquidity solutions.
Derive (Formerly Lyra): Decentralized Options Trading Explained
Derive, previously known as Lyra, is a decentralized finance protocol for on-chain options, perpetual futures, and spot trading.
Aevo: Options and Perpetuals on a DEX Explained
Aevo is a decentralized exchange offering advanced crypto derivatives like options and perpetual futures. It operates on its own Optimistic Rollup, providing efficient and transparent trading for hedging and speculation.
ApeX Pro: Understanding the Decentralized Derivatives Exchange
ApeX Pro is a specialized decentralized exchange (DEX) focused on perpetual futures contracts for cryptocurrencies and stocks.
Lighter: A ZK-Rollup Perpetual DEX Explained
Lighter is a high-performance decentralized exchange built on Ethereum, specializing in perpetual futures trading. It leverages ZK-rollup technology to provide fast, low-fee transactions while maintaining robust security.
Phoenix: Explaining the On-chain Order Book on Solana
Phoenix represents a significant advancement in decentralized finance, offering a fully on-chain order book for perpetual futures trading directly on the Solana blockchain.
Drift Protocol: Solana's Perpetual DEX Explained
Drift Protocol is a decentralized exchange on Solana specializing in perpetual futures and spot trading. It uses a hybrid liquidity model to ensure efficient trade execution and deep liquidity.
Aerodrome vs. Velodrome: A Comparison of ve(3,3) DEXs
Velodrome and Aerodrome are leading decentralized exchanges (DEXs) built on the ve(3,3) tokenomics model, serving as critical liquidity hubs for the Optimism and Base networks respectively.
0x Swap API and Matcha: Decentralized Exchange Aggregation in Practice
The 0x Swap API and Matcha represent a sophisticated approach to decentralized exchange (DEX) aggregation, enabling users and developers to access optimal liquidity and pricing across numerous blockchain networks.
CoW Protocol and CoW Swap: Understanding Batch Auctions
CoW Protocol and CoW Swap utilize batch auctions to execute token swaps, offering enhanced MEV protection and optimized pricing.