Introduction

Introduction to Intent-Based System

Our intent-based system is one of the latest innovations designed to make trading more seamless, secure, and efficient. By removing traditional order books and liquidity pools, it contributes to a more scalable and capital-efficient trading experience.

At the core of this model is a unique intent-based system powered by a dynamic solver network. This system allows traders to express their intent to trade without committing capital upfront. External solvers then match and execute these trades, optimizing liquidity and reducing costs. The result is faster execution, improved capital efficiency, and security, all while preserving the decentralization inherent in blockchain technology.

Key Features

• Wide Range of Assets: Over 340+ perpetual futures pairs with deep liquidity across a broad selection of top cryptocurrencies.

• Advanced Leverage Options: Leverage up to 60x, enhancing exposure and hedging strategies.

• Customizable User Experience: Benefit from one-click trading, gas management, and easy cross-chain onboarding for a streamlined DeFi experience.

How the Intent-Based System Works

The platform operates on an intent-based system model, which eliminates the need for liquidity providers (LPs) as direct counterparties. Traders simply express their trade intentions, which are processed by the solver network. This network connects to various liquidity sources—both centralized and decentralized—to match orders with minimal slippage and fast execution.

The system utilizes Just-in-Time (JIT) liquidity provisioning, meaning there’s no need to maintain idle liquidity across different chains. Liquidity is dynamically sourced based on demand. This approach ensures both capital efficiency and scalability, offering a competitive edge over traditional on-chain derivatives exchanges.

Benefits of the Intent-Based System

• Lower Trading Costs: By removing the need for liquidity providers, the platform can offer reduced trading fees, making it more competitive than many other DEXs and CEXs.

• Increased Trading Efficiency: With JIT liquidity and solver-driven execution, trades are matched quickly, minimizing slippage and optimizing order execution.

• Seamless Multi-Chain Liquidity: The platform supports omnichain deployment, ensuring liquidity isn’t fragmented across different blockchains, allowing for seamless scaling and access across chains.

Summary

The intent-based system is advancing decentralized derivatives trading by introducing multiple innovative liquidity solutions. By leveraging a combination of intent-based liquidity, along with other upcoming liquidity layers, it offers a flexible and efficient trading experience that balances the benefits of centralized exchanges with the security and autonomy of blockchain technology. With deep liquidity, competitive leverage, and a user-friendly interface, the intent-based system is designed to make on-chain trading more efficient and accessible.