Licensed Hybrid Crypto Exchange GRVT Rolled Udail Price Improvement Orders on its platform and pioneering integration of a proven traditional market function in the decentralized ecosystem.
The new offer available on GRVT’s web and mobile apps gives retail users better execution prices than those publicly available in the order book.
The process is fully automated and transparent: When a user initiates a trade, the system controls for better prices through RPI behind the scenes. If they are available, orders will be filled at the improved price. Whole while users retain full control over their means.
In addition, the system matches orders from retailers exclusively with those from non-algorithmic dealers, ensuring fair play, targeted liquidity creation and a balanced trading environment.
“RPI is more than a new order type. It is a meaningful step forward for the defi ecosystem. By providing better prices to retail users without demanding confidence in third parties, it proves Grvt that self-insurance and advanced execution no longer have to be Trade-offs. It is a practical improvement that gives the trades a real advantage, while keeping everything that does, Press release shared with Coindesk.
GRVT is a hybrid exchange that combines order that matches off-chain matches with on-chain settlements that offer a decentralized financing experience with the effectiveness of centralized exchanges.
The exchange hosts a “Tap and Trade” competition on its web and Android platforms, allowing traders to experiment with the RPI function in a living environment.
Improvements of retail prices have been a feature on Wall Street since the early 2000s, with efforts such as Nyses Detail Liquidity Program, which allegedly saves billions for retail investors.
