AllianceBlock
recently introduced the Nexera Exchange, a novel take on a decentralized
exchange with an array of cutting-edge features, which aims to create a secure,
and user-centric trading platform. Today, we are delighted to share that Nexera
has added an innovative on-chain limit order book on the exchange.
The
Nexera Exchange (https://nexera.exchange) is more than just a
technological advancement — it’s a strategic response to the market’s evolving
needs. It acts as an intermediary layer and enhances the interaction with the
DEXs it is integrated with by presenting a more efficient and user-friendly interface
while integrating powerful features that are, so far, only found on centralized
exchanges (CEXs). By leveraging an on-chain limit order book protocol, Nexera
ensures that liquidity is deepened, more comprehensive, and accessible. This
makes the trading experience more seamless and efficient for its users.
This
update to the Nexera Exchange marks the beginning of the second phase of
development for the platform and will set the ground for key features that will
be launched. With the on-chain order book protocol, users can easily set up a
limit order, securely stored on-chain. The exchange then determines the optimal
match for that order, whether from the on-chain order book or Uniswap V3’s
liquidity pools, ensuring an efficient trading experience. Upcoming innovations
include Staking-Enabled On-chain Order Books, Order-Triggering Matching,
Yield-Optimized Staked Order (YOSO) and Dynamic Range Order Book Provision.
Implementing
an on-chain order book in a decentralized exchange marks a significant stride
in DeFi, it grants users increased control and transparent price insights. By
bringing Uniswap V3 into the Nexera Exchange’s on-chain order book,
AllianceBlock has enhanced the DEX’s functionalities. This integration offers
an order book interface for precise limit orders and facilitates a more
efficient trading experience. The inclusion of Uniswap V3 also amplifies
Nexera’s liquidity, ensuring more optimized trades and an improved user
experience.
This
update is the first of many features to be added to the Nexera Exchange,
driving innovation in the space and providing traders with advanced trading
tools. AllianceBlock aims to seamlessly blend the distinct functionalities of
DEXs with an array of DeFi primitives. This combination offers traders an
enriched toolkit, empowering them to navigate everything from the most basic to
the most sophisticated trading features in DeFi.
Decentralized
finance continues to remain innovative and dynamic by adding new features that
make the trading experience of its users better. Now that the fully on-chain
limit order book is live on the Nexera Exchange, users have more control over
their trades, while benefiting from better accessibility, transparency, and
security. Looking ahead, AllianceBlock is dedicated to unveiling more
enhancements, all united by the vision of creating an industry leading DEX and
trading environment.
About AllianceBlock
AllianceBlock is an
infrastructure provider for decentralized tokenized markets. It empowers
businesses with liquidity provisioning and allows them to compliantly issue,
manage, and trade tokenized digital assets, including real-world assets (RWAs).
The AllianceBlock
ecosystem of partners, clients, and ventures consists of top stakeholders from
the financial industry and the decentralized finance (DeFi) sector. Their
unique product suite complies with global regulations and seamlessly integrates
with legacy systems.
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