Decentralized Exchange (DEX) infrastructure provider Orderly Network introduced a platform for users to launch their own eternal dexs.
“Ancient One” allows a perp dex to be built in a matter of minutes without demanding writing of any code lines, Orderly said on x Tuesday.
The new service is aimed at decentralized autonomous organizations (DAOS), funds, trade in society and so on who wants to build an flow of income through crypto trade without relying on a centralized entity.
Perpetual Dexs plays a significant role in Crypto Trading and combines Perpetual Futures Market into a decentralized, permitted -free environment.
Unlike traditional spot -dexs that only allow token -swaps, these platforms let users trade with leverage and short assets, a functionality previously dominated by centralized exchanges such as binance. They allow traders to maintain full self -insurance of their means and eliminate the risk of exchange hacks or insolvency. By operating on smart contracts, they offer a trustless and alternative to centralized platforms.
In theory, the ability to DAOS and trade communities takes to build their own Perp Dex’s decentralization one step further: Not only is the trade protocol decentralized, but it is also the whole user -facing experience and its governance.
