It's true: @monad's ultra-fast architecture, EVM-based CLOBs are unlocking the full power of onchain order books ๐ฃ
And with 0x, accessing that liquidity for your app is super simple.
Here's how ๐
There are three primary liquidity models in DeFi: order books, AMMs, and RFQ ๐ง
Central limit order books (CLOBs) match buyers and sellers at different prices for a given asset.
Order books offer a number of advantages to traders:
๐ธ Price precision
๐ Reduced slippage
๐ Competitive liquidity
CLOBs also support advanced order types, opening up additional trading strategies and giving traders more control over their trades.
For an order book to function well, it requires fast block times & low gas fees. Until now, EVM chains were often too slow & expensive.
Monad's 1s block finality & near-zero gas fees make efficient onchain CLOBs possible for the first time on EVM, enabling deeper liquidity.
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