Zilliqa To Launch Zilliqa Dex With Switcheo
Tackling Infrastructural Faults In Order Book-based Decentralised Exchanges, The New Zilliqa Dex Will Leverage A Constant Product Market Maker Model To Allow For Greater Liquidity Decentralised cryptocurrency exchange Switcheo is partnering with Zilliqa, on the Neo blockchain, to build a non-custodial, decentralised exchange (DEX). With the new Zilliqa DEX, Zilliqa token holders and traders will have the ability to tap into digital assets on the Ethereum blockchain for the first time, essential to bolstering the growth of Zilliqa’s DeFi ecosystem.
Designed with improved user experience as a core value proposition, users and traders on Zilliqa DEX will not need to sign-up to the exchange to access trading services. Built from the ground up and designed to address existing inadequacies in today’s order book-based DEXs, the new Zilliqa DEX will leverage a Uniswap-like exchange model along with an atomic swap protocol, enabling traders to undertake automatic digital asset exchanges without the need for centralised intermediaries.
