On-chain Orderbook Trading: tightest spreads, near zero fees, LP vaults. Available on Etherlink, Base and Monad
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🧵 3/6 This matters because orderbooks are about flow. They work best when traders can react quickly, makers can adjust quotes, and liquidity isn’t afraid of costs. Cheap gas directly translates into healthier market behavior.
🧵 2/6 Base flips this equation. Fast block times and consistently low gas fees make frequent order interactions affordable again. Placing, updating, and matching orders doesn’t feel like a luxury - it feels normal.
🧵 1/6 Orderbooks are demanding by nature. They rely on frequent updates, tight spreads, and fast execution. On slow or expensive chains, that quickly becomes impractical. That’s why many early attempts moved parts of the system off-chain.