AllianceBlock recently introduced Nexera Exchange, a new version of a decentralized exchange with an array of cutting-edge features, which aims to create a secure and user-centric trading platform. Today, we are excited to announce that Nexera has added an innovative on-chain limit order book to the exchange.
The Nexera Exchange (https://nexera.exchange) is more than just a technological advancement: it is a strategic response to changing market needs. It acts as a middle layer and improves interaction with the DEXs it is integrated with by presenting a more efficient and user-friendly interface while integrating powerful features that, until now, are only available on centralized exchanges (CEX ). By leveraging an on-chain limit order book protocol, Nexera ensures that liquidity is deeper, more complete and accessible. This makes the trading experience more transparent and efficient for its users.
This update to the Nexera Exchange marks the start of the second phase of development of the platform and will lay the foundations for the key features that will be launched. Using the on-chain order book protocol, users can easily set up a limit order, stored securely on-chain. The exchange then determines the optimal match for that order, whether it’s 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 trigger matching, yield-optimized (YOSO) staked orders, and dynamic range order book provision.
The implementation of an on-chain order book in a decentralized exchange marks a significant advancement in DeFi, it provides users with increased control and transparent price information. By integrating Uniswap V3 into the Nexera Exchange on-chain order book, AllianceBlock has enhanced DEX functionality. This integration provides an order book interface for accurate limit orders and facilitates a more efficient trading experience. The inclusion of Uniswap V3 also amplifies Nexera’s liquidity, ensuring more optimized transactions and an improved user experience.
This update is the first of many features added to the Nexera Exchange, driving innovation in the field and providing traders with advanced trading tools. AllianceBlock aims to seamlessly blend the distinct functionality of DEXs with a range of DeFi primitives. This combination provides traders with an enriched toolbox, allowing them to navigate all the trading features, from the most basic to the most sophisticated, in DeFi.
Decentralized finance continues to remain innovative and dynamic by adding new features that improve the trading experience of its users. Now that the fully on-chain limit order book is live on the Nexera Exchange, users have more control over their trades, while enjoying better accessibility, transparency and security. Looking ahead, AllianceBlock is dedicated to unveiling more enhancements, all united by the vision of creating a cutting-edge DEX and trading environment.
AllianceBlock is an infrastructure provider for decentralized tokenized markets. It enables businesses to provide liquidity and allows them to compliantly issue, manage and trade tokenized digital assets, including real-world assets (RWA).
The AllianceBlock ecosystem of partners, customers, and businesses consists of leading players in the financial industry and decentralized finance (DeFi) industry. Their unique product suite complies with global regulations and integrates seamlessly with existing systems.
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