Dexalot, the decentralized cryptocurrency exchange (DEX), announced the launch of its Central Limit Order Book (CLOB) on Arbitrum, according to the information shared with Finbold on April 24.
The launch sets the stage for Dexalot’s expansion beyond the Avalanche ecosystem.
Dexalot on Arbitrum
Unlike typical Automated Market Maker (AMM) DEXes, Dexalot’s CLOB exchange operates on a dedicated application-specific blockchain introduced in February 2023.
By extending its trading infrastructure to Arbitrum, Dexalot aims to bring a range of powerful features to Ethereum (ETH) Layer 2 (L2) users.
With its unique design, CLOB offers a user experience more akin to centralized exchanges (CEX), allowing users to place orders at specific price points (limit orders), eliminating price slippage and enhancing capital efficiency for traders.
Moreover, Dexalot provides transparent order visibility, competitive prices, and deep liquidity with negligible gas fees.
The move to Arbit
We współpracy z: https://finbold.com/dexalots-central-limit-order-book-dex-launches-on-arbitrum/
