DEX Universe

•

0 likes•263 views

1. There are three main types of decentralized exchanges (DEXes): orderbook-based DEXes where makers create limit orders and takers fill them, liquidity-based DEXes that use liquidity pools, and aggregators that search across DEXes to find the best price. 2. Orderbook DEXes include EtherDelta, 0x, and AirSwap, while popular liquidity DEXes are Uniswap, Bancor, and Balancer. Kyber and 1inch are examples of aggregators that combine liquidity from various sources. 3. DEX aggregators aim to solve the problem of liquidity fragmentation by allowing traders to get the best price through a

Anton Bukov, Sergej Kunz, 2020
DEX Universe
Dive deep into protocols space

Exchange
Happens when demand meets supply
💃
🕺 🕺🕺
💃💃
Price?
Want to buy!
Buy!!
Buy
Sell
Selling!
WTS
WTB!
Want to sell!

Limit orders vs Market orders
Depends on what matters
• Maker create new limit orders

• Swap happens with exact price

• Delayed execution

• Taker ﬁll existing limit orders

• Possible price slippage

• Instant execution

DEXes Classification
From order books to pools
1. Orderbook-based:

• EtherDelta.com

• 0x.org

• AirSwap.com

• Oasis.app

2. Liquidity-based:

• Bancor.network

• Uniswap.exchange

• Balancer.finance

• Curve.fi

3. Aggregators:

• Kyber.network

• 1inch.exchange
• On-chain unordered order book

• Off-chain order book

• Off-chain orders on demand

• On-chain ordered order book

• Liquidity pools with BNT token

• Liquidity pools with ETH (x*y = const)

• Multi-dimensional liquidity pools

• Similar to Uniswap but curve is optimised for stables

• On-chain liquidity aggregator

• Off-chain liquidity aggregator

Orderbook-based DEXes
Makers create orders, takers ﬁll orders
1. EtherDelta.com (on-chain):

• No on-chain market orders

2. 0x.org (off-chain):

• 0x Relays (permissioned)

• 0x Mesh (permissionless)

3. AirSwap.com (off-chain):

• No partial fill orders

• Only direct querying

4. Oasis.app:

• On-chain market orders

Liquidity-based DEXes
Turn your portfolio into liquidity
1. Bancor.network:

• BNT – token in the middle

2. Uniswap.exchange:

• Auto-rebalancing ETH-XXX

3. Balancer.finance:

• Multi-dimensional Uniswap

4. Curve.fi:

• Uniswap-like for stable coins

Aggregators – Kyber Network
On-chain search for the best liquidity source
Uniswap
Bancor
Own ReserveSwap output
Swap input
1
2
3
…

Aggregators – 1inch.exchange
Uniﬁes all the liquidity into single huge DEX
Uniswap
Bancor
Kyber
50%
30%
20%
…
Swap output
Swap input
…
…
1
2
3
4
5
…

The art of aggregation
DEXes have diﬀerent price and diﬀerent liquidity

The art of aggregation
DEXes have diﬀerent price and diﬀerent liquidity
Best price

Aggregators – 1inch.exchange
Solve liquidity fragmentation

Aggregators – 1inch.exchange
Solve liquidity fragmentation
174
175,75
177,5
179,25
181
Token sell volume in %
10 20 30 40 50 60 70 80 90 100
1inch Kyber 0x AirSwap Oasis Uniswap
1inch provides
the best rate
price

This document discusses the composable primitives of decentralized finance (DeFi). It describes how various DeFi protocols can be combined in any order, including stablecoins, portfolios, derivatives, lending platforms, and more. Specific protocols are discussed for tokenization of assets like USD, EUR, BTC, and gold into stablecoins. Instant and complex rebalancing portfolio protocols are also covered. Finally, lending platforms that allow borrowing and leveraging assets through tokenized collateral are summarized. The document conveys that the modular and composable nature of DeFi allows for infinite combinations of financial applications on blockchain networks.

Introduction to Blockchain Technology

Md. Hasan Basri (Angel)

The document provides an overview of blockchain technology, including its key components and how it works. In 3 sentences: Blockchain is a distributed ledger of transactions stored in encrypted blocks that are chained together, with each new block recording transactions and a hash of the previous block. The blockchain is maintained through a consensus mechanism where participants validate transactions and add new blocks to the chain in a decentralized manner. The document discusses the technical aspects of blockchain like transactions, blocks, consensus algorithms, mining and validation, as well as its applications across different industries.

Persistent storage tailored for containers #dockersummit

Infinit

The document discusses persistent storage options tailored for containers. It describes how containers are fast, scalable and flexible but tend to be stateless. A persistent storage solution is needed that can be created and scaled as easily as containers. The Infinit storage platform is introduced as a solution that aggregates local storage from nodes into a single pool and provides APIs. Infinit follows container principles by being easy to create and scale, and working consistently across environments. It uses immutable blocks stored in a distributed hash table with consensus and is customizable.

thestateofdecentralizedperpetualprotocols-230621062118-7b6d9979.pdf

RanaArshadTechnical

The State of Decentralized Perpetual Protocols | CoinG As fears of another crypto exchange collapsing have gotten the community on edge, more crypto users are turning towards decentralized perpetual protocols to satiate their demand for leveraged trading. Throughout the recent bear market, perpetual exchanges have been a beacon of light in the otherwise gloomy state of DeFi, providing an avenue for users to trade with leverage in a permissionless way while allowing liquidity providers to earn sustainable fees in an environment starved for yield. Dive into our State of Decentralized Perpetual Protocols Report as we explore the history and evolution of decentralized perpetuals, how they have performed thus far, and what we can expect from decentralized perpetuals in the near future.

The State of Decentralized Perpetual Protocols | CoinGecko

CoinGecko

As fears of another crypto exchange collapsing have gotten the community on edge, more crypto users are turning towards decentralized perpetual protocols to satiate their demand for leveraged trading. Throughout the recent bear market, perpetual exchanges have been a beacon of light in the otherwise gloomy state of DeFi, providing an avenue for users to trade with leverage in a permissionless way while allowing liquidity providers to earn sustainable fees in an environment starved for yield. Dive into our State of Decentralized Perpetual Protocols Report as we explore the history and evolution of decentralized perpetuals, how they have performed thus far, and what we can expect from decentralized perpetuals in the near future.

Bitcoin

mahdi ataeyan

Bitcoin is a decentralized digital currency that uses cryptography to secure transactions. It allows for peer-to-peer transactions without intermediaries like banks. Transactions are recorded on a public ledger called the blockchain, which uses mining and proof-of-work to validate transactions and create new blocks. Miners are incentivized by new bitcoins and transaction fees to devote resources to processing transactions and maintaining the blockchain. While it enables censorship-resistant transactions, bitcoin is not legal tender and faces risks from volatility, acceptance, and illicit use.

exchangerates

ssuser6c86c7

The document provides a history of foreign exchange markets and currencies. It discusses how barter systems evolved into the use of coins and paper money. It then summarizes the origins and development of modern foreign exchange markets in the 17th century in London coffee houses. It describes how the markets grew with the involvement of banks, new participants like funds, and technological developments like electronic trading platforms. The key factors influencing exchange rates and the largest currency pairs are also outlined.

Bitcoin, Blockchain, and current trends in China

Benjamin Chodroff

Orc Software offers traders direct market access to over 100 securities and derivatives markets worldwide across all major asset classes. It also provides broker connectivity through its ExNet system to access markets through broker memberships. Orc Trading is used globally by leading financial firms for trading, pricing, and risk management on electronically traded derivatives across listed instruments and over 100 markets from a single platform.

Search at Twitter: Presented by Michael Busch, Twitter

Lucidworks

Blockchain & Cryptocurrencies Intro - July 2017

🔗Audrey Chaing

Blockchain - Presentacion Betabeers Galicia 10/12/2014

WeKCo Coworking

Eo sex ppt

VincentLionheart

Hull der

StudsPlanet.com

This document provides an introduction to derivatives, including examples of different types of derivatives such as futures contracts, forward contracts, swaps and options. It discusses how derivatives are used for hedging risks, speculation and arbitrage opportunities. Specific sections cover forward contracts, futures contracts, options contracts, and the differences between exchange-traded and over-the-counter derivatives. The document also discusses hedging, speculation and arbitrage strategies using examples and closes by listing derivative resources on the web.

Zeus: Locality-aware Distributed Transactions [Eurosys '21 presentation]

Antonios Katsarakis

Zeus is a distributed transactional database that exploits dynamic data locality to provide fast, reliable distributed transactions. It does this by having each data object have a single node owner and tracking ownership through a replicated directory. Transactions are executed locally on the coordinator node by acquiring ownership of all accessed objects. This allows transactions to be committed through a single-node process and avoids expensive distributed commit. Ownership transfers dynamically based on access patterns to maintain locality. Experimental results show Zeus can achieve up to millions of transactions per second even without using RDMA.

What the Duck is DeFi

Bailey Reutzel

The document provides an overview of decentralized finance (DeFi) including common terms and applications. It discusses how DeFi allows for lending, borrowing, and farming of crypto assets using smart contracts in a permissionless and trustless manner. Specific DeFi applications mentioned include stablecoins, automated market makers, liquidity pools, yield farming, lending platforms, decentralized exchanges, flash loans, and the composability of combining different DeFi building blocks.

Digital Marketing Trends in 2024 | Guide for Staying Ahead

Wask

https://www.wask.co/ebooks/digital-marketing-trends-in-2024 Feeling lost in the digital marketing whirlwind of 2024? Technology is changing, consumer habits are evolving, and staying ahead of the curve feels like a never-ending pursuit. This e-book is your compass. Dive into actionable insights to handle the complexities of modern marketing. From hyper-personalization to the power of user-generated content, learn how to build long-term relationships with your audience and unlock the secrets to success in the ever-shifting digital landscape.

Your One-Stop Shop for Python Success: Top 10 US Python Development Providers

akankshawande

Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf

Malak Abu Hammad

Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers: * What is Vector Search? * Importance and benefits of vector search * Practical use cases across various industries * Step-by-step implementation guide * Live demos with code snippets * Enhancing LLM capabilities with vector search * Best practices and optimization strategies Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications. #MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology

Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...

Jeffrey Haguewood

Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows. We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases. This video focuses on integration of Salesforce with Bonterra Impact Management. Interested in deploying an integration with Salesforce for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.

leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...

alexjohnson7307

Artificial Intelligence for XMLDevelopment

Octavian Nadolu

In the rapidly evolving landscape of technologies, XML continues to play a vital role in structuring, storing, and transporting data across diverse systems. The recent advancements in artificial intelligence (AI) present new methodologies for enhancing XML development workflows, introducing efficiency, automation, and intelligent capabilities. This presentation will outline the scope and perspective of utilizing AI in XML development. The potential benefits and the possible pitfalls will be highlighted, providing a balanced view of the subject. We will explore the capabilities of AI in understanding XML markup languages and autonomously creating structured XML content. Additionally, we will examine the capacity of AI to enrich plain text with appropriate XML markup. Practical examples and methodological guidelines will be provided to elucidate how AI can be effectively prompted to interpret and generate accurate XML markup. Further emphasis will be placed on the role of AI in developing XSLT, or schemas such as XSD and Schematron. We will address the techniques and strategies adopted to create prompts for generating code, explaining code, or refactoring the code, and the results achieved. The discussion will extend to how AI can be used to transform XML content. In particular, the focus will be on the use of AI XPath extension functions in XSLT, Schematron, Schematron Quick Fixes, or for XML content refactoring. The presentation aims to deliver a comprehensive overview of AI usage in XML development, providing attendees with the necessary knowledge to make informed decisions. Whether you’re at the early stages of adopting AI or considering integrating it in advanced XML development, this presentation will cover all levels of expertise. By highlighting the potential advantages and challenges of integrating AI with XML development tools and languages, the presentation seeks to inspire thoughtful conversation around the future of XML development. We’ll not only delve into the technical aspects of AI-powered XML development but also discuss practical implications and possible future directions.

Let's Integrate MuleSoft RPA, COMPOSER, APM with AWS IDP along with Slack

shyamraj55

dbms calicut university B. sc Cs 4th sem.pdf

Shinana2

A Comprehensive Guide to DeFi Development Services in 2024

Intelisync

DeFi represents a paradigm shift in the financial industry. Instead of relying on traditional, centralized institutions like banks, DeFi leverages blockchain technology to create a decentralized network of financial services. This means that financial transactions can occur directly between parties, without intermediaries, using smart contracts on platforms like Ethereum. In 2024, we are witnessing an explosion of new DeFi projects and protocols, each pushing the boundaries of what’s possible in finance. In summary, DeFi in 2024 is not just a trend; it’s a revolution that democratizes finance, enhances security and transparency, and fosters continuous innovation. As we proceed through this presentation, we'll explore the various components and services of DeFi in detail, shedding light on how they are transforming the financial landscape. At Intelisync, we specialize in providing comprehensive DeFi development services tailored to meet the unique needs of our clients. From smart contract development to dApp creation and security audits, we ensure that your DeFi project is built with innovation, security, and scalability in mind. Trust Intelisync to guide you through the intricate landscape of decentralized finance and unlock the full potential of blockchain technology. Ready to take your DeFi project to the next level? Partner with Intelisync for expert DeFi development services today!

Columbus Data & Analytics Wednesdays - June 2024

Jason Packer

5th LF Energy Power Grid Model Meet-up Slides

DanBrown980551

5th Power Grid Model Meet-up It is with great pleasure that we extend to you an invitation to the 5th Power Grid Model Meet-up, scheduled for 6th June 2024. This event will adopt a hybrid format, allowing participants to join us either through an online Mircosoft Teams session or in person at TU/e located at Den Dolech 2, Eindhoven, Netherlands. The meet-up will be hosted by Eindhoven University of Technology (TU/e), a research university specializing in engineering science & technology. Power Grid Model The global energy transition is placing new and unprecedented demands on Distribution System Operators (DSOs). Alongside upgrades to grid capacity, processes such as digitization, capacity optimization, and congestion management are becoming vital for delivering reliable services. Power Grid Model is an open source project from Linux Foundation Energy and provides a calculation engine that is increasingly essential for DSOs. It offers a standards-based foundation enabling real-time power systems analysis, simulations of electrical power grids, and sophisticated what-if analysis. In addition, it enables in-depth studies and analysis of the electrical power grid’s behavior and performance. This comprehensive model incorporates essential factors such as power generation capacity, electrical losses, voltage levels, power flows, and system stability. Power Grid Model is currently being applied in a wide variety of use cases, including grid planning, expansion, reliability, and congestion studies. It can also help in analyzing the impact of renewable energy integration, assessing the effects of disturbances or faults, and developing strategies for grid control and optimization. What to expect For the upcoming meetup we are organizing, we have an exciting lineup of activities planned: -Insightful presentations covering two practical applications of the Power Grid Model. -An update on the latest advancements in Power Grid -Model technology during the first and second quarters of 2024. -An interactive brainstorming session to discuss and propose new feature requests. -An opportunity to connect with fellow Power Grid Model enthusiasts and users.

Programming Foundation Models with DSPy - Meetup Slides

Zilliz

Overcoming the PLG Trap: Lessons from Canva's Head of Sales & Head of EMEA Da...

saastr

Energy Efficient Video Encoding for Cloud and Edge Computing Instances

Alpen-Adria-Universität

Similar to DEX Universe

Orc Dma And Broker Gateways

LMessi10

Search at Twitter: Presented by Michael Busch, Twitter

Lucidworks

Blockchain & Cryptocurrencies Intro - July 2017

🔗Audrey Chaing

Blockchain - Presentacion Betabeers Galicia 10/12/2014

WeKCo Coworking

Eo sex ppt

VincentLionheart

Hull der

StudsPlanet.com

Zeus: Locality-aware Distributed Transactions [Eurosys '21 presentation]

Antonios Katsarakis

What the Duck is DeFi

Bailey Reutzel

Similar to DEX Universe (8)

Orc Dma And Broker Gateways

Search at Twitter: Presented by Michael Busch, Twitter

Blockchain & Cryptocurrencies Intro - July 2017

Blockchain - Presentacion Betabeers Galicia 10/12/2014

Eo sex ppt

Hull der

Zeus: Locality-aware Distributed Transactions [Eurosys '21 presentation]

What the Duck is DeFi

Recently uploaded

Digital Marketing Trends in 2024 | Guide for Staying Ahead

Wask

Your One-Stop Shop for Python Success: Top 10 US Python Development Providers

akankshawande

Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf

Malak Abu Hammad

Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...

Jeffrey Haguewood

leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...

alexjohnson7307

Artificial Intelligence for XMLDevelopment

Octavian Nadolu

Let's Integrate MuleSoft RPA, COMPOSER, APM with AWS IDP along with Slack

shyamraj55

dbms calicut university B. sc Cs 4th sem.pdf

Shinana2

A Comprehensive Guide to DeFi Development Services in 2024

Intelisync

Columbus Data & Analytics Wednesdays - June 2024

Jason Packer

5th LF Energy Power Grid Model Meet-up Slides

DanBrown980551

Programming Foundation Models with DSPy - Meetup Slides

Zilliz

Overcoming the PLG Trap: Lessons from Canva's Head of Sales & Head of EMEA Da...

saastr

Energy Efficient Video Encoding for Cloud and Edge Computing Instances

Alpen-Adria-Universität

How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdf

Chart Kalyan

Best 20 SEO Techniques To Improve Website Visibility In SERP

Pixlogix Infotech

WeTestAthens: Postman's AI & Automation Techniques

Postman

UI5 Controls simplified - UI5con2024 presentation

Wouter Lemaire

Skybuffer SAM4U tool for SAP license adoption

Tatiana Kojar

Manage and optimize your license adoption and consumption with SAM4U, an SAP free customer software asset management tool. SAM4U, an SAP complimentary software asset management tool for customers, delivers a detailed and well-structured overview of license inventory and usage with a user-friendly interface. We offer a hosted, cost-effective, and performance-optimized SAM4U setup in the Skybuffer Cloud environment. You retain ownership of the system and data, while we manage the ABAP 7.58 infrastructure, ensuring fixed Total Cost of Ownership (TCO) and exceptional services through the SAP Fiori interface.

HCL Notes and Domino License Cost Reduction in the World of DLAU

panagenda

Webinar Recording: https://www.panagenda.com/webinars/hcl-notes-and-domino-license-cost-reduction-in-the-world-of-dlau/ The introduction of DLAU and the CCB & CCX licensing model caused quite a stir in the HCL community. As a Notes and Domino customer, you may have faced challenges with unexpected user counts and license costs. You probably have questions on how this new licensing approach works and how to benefit from it. Most importantly, you likely have budget constraints and want to save money where possible. Don’t worry, we can help with all of this! We’ll show you how to fix common misconfigurations that cause higher-than-expected user counts, and how to identify accounts which you can deactivate to save money. There are also frequent patterns that can cause unnecessary cost, like using a person document instead of a mail-in for shared mailboxes. We’ll provide examples and solutions for those as well. And naturally we’ll explain the new licensing model. Join HCL Ambassador Marc Thomas in this webinar with a special guest appearance from Franz Walder. It will give you the tools and know-how to stay on top of what is going on with Domino licensing. You will be able lower your cost through an optimized configuration and keep it low going forward. These topics will be covered - Reducing license cost by finding and fixing misconfigurations and superfluous accounts - How do CCB and CCX licenses really work? - Understanding the DLAU tool and how to best utilize it - Tips for common problem areas, like team mailboxes, functional/test users, etc - Practical examples and best practices to implement right away

Recently uploaded (20)

Digital Marketing Trends in 2024 | Guide for Staying Ahead

Your One-Stop Shop for Python Success: Top 10 US Python Development Providers

Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf

Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...

leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...

Artificial Intelligence for XMLDevelopment

Let's Integrate MuleSoft RPA, COMPOSER, APM with AWS IDP along with Slack

dbms calicut university B. sc Cs 4th sem.pdf

A Comprehensive Guide to DeFi Development Services in 2024

Columbus Data & Analytics Wednesdays - June 2024

5th LF Energy Power Grid Model Meet-up Slides

Programming Foundation Models with DSPy - Meetup Slides

Overcoming the PLG Trap: Lessons from Canva's Head of Sales & Head of EMEA Da...

Energy Efficient Video Encoding for Cloud and Edge Computing Instances

How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdf

Best 20 SEO Techniques To Improve Website Visibility In SERP

WeTestAthens: Postman's AI & Automation Techniques

UI5 Controls simplified - UI5con2024 presentation

Skybuffer SAM4U tool for SAP license adoption

HCL Notes and Domino License Cost Reduction in the World of DLAU

DEX Universe

1. Anton Bukov, Sergej Kunz, 2020 DEX Universe Dive deep into protocols space

2. Exchange Happens when demand meets supply 💃 🕺 🕺🕺 💃💃 Price? Want to buy! Buy!! Buy Sell Selling! WTS WTB! Want to sell!

3. Limit orders vs Market orders Depends on what matters • Maker create new limit orders • Swap happens with exact price • Delayed execution • Taker ﬁll existing limit orders • Possible price slippage • Instant execution

4. DEXes Classification From order books to pools 1. Orderbook-based: • EtherDelta.com • 0x.org • AirSwap.com • Oasis.app 2. Liquidity-based: • Bancor.network • Uniswap.exchange • Balancer.finance • Curve.fi 3. Aggregators: • Kyber.network • 1inch.exchange • On-chain unordered order book • Off-chain order book • Off-chain orders on demand • On-chain ordered order book • Liquidity pools with BNT token • Liquidity pools with ETH (x*y = const) • Multi-dimensional liquidity pools • Similar to Uniswap but curve is optimised for stables • On-chain liquidity aggregator • Off-chain liquidity aggregator

5. Orderbook-based DEXes Makers create orders, takers ﬁll orders 1. EtherDelta.com (on-chain): • No on-chain market orders 2. 0x.org (off-chain): • 0x Relays (permissioned) • 0x Mesh (permissionless) 3. AirSwap.com (off-chain): • No partial fill orders • Only direct querying 4. Oasis.app: • On-chain market orders

6. Orderbook-based DEXes Makers create orders, takers ﬁll orders 1. EtherDelta.com (on-chain): • No on-chain market orders 2. 0x.org (off-chain): • 0x Relays (permissioned) • 0x Mesh (permissionless) 3. AirSwap.com (off-chain): • No partial fill orders • Only direct querying 4. Oasis.app: • On-chain market orders ETH-DAI Price Asks Bids 153 3 ETH 152 31 ETH 151 13 ETH 150 5 ETH 149 20 ETH 148 11 ETH 147 58 ETH 146 103 ETH 145 23 ETH

7. Orderbook-based DEXes Makers create orders, takers ﬁll orders 1. EtherDelta.com (on-chain): • No on-chain market orders 2. 0x.org (off-chain): • 0x Relays (permissioned) • 0x Mesh (permissionless) 3. AirSwap.com (off-chain): • No partial fill orders • Only direct querying 4. Oasis.app: • On-chain market orders ETH-DAI

8. Liquidity-based DEXes Turn your portfolio into liquidity 1. Bancor.network: • BNT – token in the middle 2. Uniswap.exchange: • Auto-rebalancing ETH-XXX 3. Balancer.finance: • Multi-dimensional Uniswap 4. Curve.fi: • Uniswap-like for stable coins

9. Liquidity-based DEXes Turn your portfolio into liquidity 1. Bancor.network: • BNT – token in the middle 2. Uniswap.exchange: • Auto-rebalancing ETH-XXX 3. Balancer.finance: • Multi-dimensional Uniswap 4. Curve.fi: • Uniswap-like for stable coins ~|~ BNT ETH ~|~ BNT DAI ~|~ BNT MKR ETH BNT ETH DAI ETH MKR MKR DAI SNX BNT ETH SNX DAI BNT DAI USDC USDT

10. Liquidity-based DEXes Turn your portfolio into liquidity 1. Bancor.network: • BNT – token in the middle 2. Uniswap.exchange: • Auto-rebalancing ETH-XXX 3. Balancer.finance: • Multi-dimensional Uniswap 4. Curve.fi: • Uniswap-like for stable coins 𝑝𝑟𝑖𝑐𝑒 = 𝑅𝑒𝑠𝑒𝑟𝑣𝑒 𝐵𝑎𝑙𝑎𝑛𝑐𝑒 𝑇𝑜𝑡𝑎𝑙 𝑆𝑢𝑝𝑝𝑙𝑦 × 𝑅𝑒𝑠𝑒𝑟𝑣𝑒 𝑅𝑎𝑡𝑖𝑜

11. Liquidity-based DEXes Turn your portfolio into liquidity 1. Bancor.network: • BNT – token in the middle 2. Uniswap.exchange: • Auto-rebalancing ETH-XXX 3. Balancer.finance: • Multi-dimensional Uniswap 4. Curve.fi: • Uniswap-like for stable coins ETH MKR 𝑥𝑦 = 𝑐𝑜𝑛𝑠𝑡

12. Liquidity-based DEXes Turn your portfolio into liquidity 1. Bancor.network: • BNT – token in the middle 2. Uniswap.exchange: • Auto-rebalancing ETH-XXX 3. Balancer.finance: • Multi-dimensional Uniswap 4. Curve.fi: • Uniswap-like for stable coins ∏𝑥𝑖 = 𝑐𝑜𝑛𝑠𝑡𝑤𝑖 ETH MKR BNT

13. Liquidity-based DEXes Turn your portfolio into liquidity 1. Bancor.network: • BNT – token in the middle 2. Uniswap.exchange: • Auto-rebalancing ETH-XXX 3. Balancer.finance: • Multi-dimensional Uniswap 4. Curve.fi: • Uniswap-like for stable coins ∏𝑥𝑖 = ( ) ∑𝑥𝑖 𝑛 𝑛

14. Aggregators – Kyber Network On-chain search for the best liquidity source Uniswap Bancor Own ReserveSwap output Swap input 1 2 3 …

15. Aggregators – 1inch.exchange Uniﬁes all the liquidity into single huge DEX Uniswap Bancor Kyber 50% 30% 20% … Swap output Swap input … … 1 2 3 4 5 …

16. The art of aggregation DEXes have diﬀerent price and diﬀerent liquidity

17. The art of aggregation DEXes have diﬀerent price and diﬀerent liquidity Best price

18. Aggregators – 1inch.exchange Solve liquidity fragmentation

19. Aggregators – 1inch.exchange Solve liquidity fragmentation

20. Aggregators – 1inch.exchange Solve liquidity fragmentation 174 175,75 177,5 179,25 181 Token sell volume in % 10 20 30 40 50 60 70 80 90 100 1inch Kyber 0x AirSwap Oasis Uniswap 1inch provides the best rate price

DEX Universe

Recommended

Recommended

More Related Content

Similar to DEX Universe

Similar to DEX Universe (8)

Recently uploaded

Recently uploaded (20)

DEX Universe