@xander52
After years of AMM dominance, true order books are making a blockchain comeback:
Sei's parallelized matching engine
dYdX's Cosmos-based orderbook chain
Vertex's hybrid CLOB/AMM model
These solutions offer:
Sub-millisecond execution
Institutional trading features
Better price discovery
By combining the transparency of DeFi with the efficiency of CeFi, on-chain order books may finally attract professional trading firms en masse while remaining non-custodial.
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