Monad is unlocking the full power of onchain order books đŁ
Order books offer traders price precision, reduced slippage, and competitive liquidity.
Thanks to @monad_xyz's ultra-fast architecture, EVM-based CLOBs are possible for the first time đ
2/ There are three primary liquidity models in DeFi: order books, AMMs, and RFQ đ§
Central limit order books (CLOBs) match buyers and sellers at different prices for a given asset.
3/ Order books offer a number of advantages to traders:
đž Price precision
đ Reduced slippage
đ Competitive liquidity
CLOBs also support advanced order types, opening up additional trading strategies and giving traders more control over their trades.
4/ For an order book to function well, it requires fast block times & low gas fees. Until now, EVM chains were often too slow & expensive.
Monad's 1s block finality & near-zero gas fees make efficient onchain CLOBs possible for the first time on EVM, enabling deeper liquidity.
5/ Deeper liquidity and a greater diversity of sources mean better pricing for end-users.
0x will aggregate order book liquidity, alongside AMMs, for the deepest liquidity on Monad from Day 1.
Start building on testnet today:
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