Cross-chain infrastructure developer deBridge has launched DLN Trade, according to a press statement shared with CryptoSlate.
DLN is an advanced non-custodial cross-chain exchange that enables fast and secure native trading across chains without liquidity pools.
According to the press statement, DLN revolutionizes cryptocurrency trading by harnessing a global liquidity engine that creates a decentralized order book. This order book allows seamless direct trading between chains, eliminating liquidity pool risks.
DLN users would not be faced with issues of transfer limits, as the global liquidity engine can scale to fill the largest orders.
“For users, DLN offers unprecedented speed, capital-efficiency, and control — all trades are protected from slippage, MEV, possibility of reversion, and guaranteed rates with fees as low as 4bps, and significantly faster time to confirmation. Users can also set cross-chain limit orders and cancel at any time before fulfillment.”
Additionally, DLN eliminates the dependence on AMM models, allowing it to accommodate any systemic risks in real time. The exchange also offers stronger security to users because it has no exposure to liquidity pools.
DLN Trade is currently live on Arbitrum (ARB), Ethereum (ETH), BNB Chain, Polygon (MATIC), and Avalanche (AVAX). The team stated that the exchange could scale to new chains more rapidly because it does not need liquidity mining.
The non-custodial exchange is deBridge’s latest product designed to improve users’ experience and access to decentralized finance (DeFi). In May, the infrastructure developer launched a trading infrastructure that does not use a liquidity pool, DLN API.
The post DeBridge launches DLN Trade, enabling secure cross-chain trading without liquidity pools appeared first on CryptoSlate.
Credit: Source link
