Crescent DEX

The long-term road to a decentralized, active network begins with Crescent DEX, a marketplace that embodies the foundational direction:

  • Maximization of capital-efficiency through Hybrid AMM/Orderbook methodologies via fair order matching mechanism

  • An incentive structure designed to optimize capital-efficiency and quality of liquidity

  • Prioritize security when handling exchanges of bridged assets

The structural design of Crescent DEX prevents:

  • Unnecessary low-latency competition

  • Front-running and validator extractable value (VEV)

  • Attack vectors that exploit LP or market makers

while encouraging:

  • Healthy order price competition among traders and orderbook market makers

  • Participation by market-makers, regardless of scale

  • Attraction of frequent traders, market makers and arbitrageurs

  • An optimized trading fee distribution plan for LP, market makers, and CRE holders

Last updated