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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 modified 3mo ago