Osmosis announced enhancements to its first order-book-specific layer 1 blockchain, Sei Network, to optimize on-chain order-book activity and trading via a Twitter thread published Oct. 31.
Osmosis is a DEX protocol that leverages smart contracts to price crypto assets in liquidity pools and exact trades between users.
The Sei Network enables decentralized applications to deploy their own central limit order book (CLOB) featuring bid and offers matches that occur decentralized and on-chain. Since SeiNetwork is inter-blockchain communication (IBC) compatible, all dapps building on Cosmos can leverage its IBC capabilities and enable new types of creative financial products to emerge, from live sports and betting to options and futures.
In contrast to most L1 blockchains, such as general-purpose Ethereum, Avalance, Solana, or app-specific Osmosis and DYDX, Sei Network differentiates itself as a use-case-specific and permissioned blockchain.
CLOB module and permissionless nature of Sei
Thi
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