DeltaDeFi
@DeltaDeFi • 3,202 subscribers
The First Hydra Dex, Instant Order Confirmation, Place/Cancel Order with Zero Fee, API Trading - Enable High-Frequency Trading for Cardano
Shorts
Videos
🚀 DeltaDeFi Public Testnet ⏱️ 22 Sep 2025, 04:00 UTC → 29 Sep 2025 10:00 UTC Early release of DeltaDeFi on Cardano Preproduction Testnet. Come and experience CEX-like, near-instant trading powered by Hydra! Join our Telegram & Discord to participate! Telegram: Discord: Repost and share with your friends if they are waiting for the first Hydra DEX! #DeltaDeFiAvengersAssemble #CaptainNeal
DeltaDeFi57,940 просмотров • 8 месяцев назад
Hello Cardano community! We are DeltaDeFi, we are here to connect liquidity across the CeFi and DeFi worlds, bringing more CeFi liquidity and trading activities to Cardano💙 To understand why we do what we do, let's first look at Cardano's DeFi history and evolution. Since Alonzo in late 2021, Cardano smart contract capability has been officially live. We faced a period of struggle implementing AMM DEX due to the technical difference between the eUTxO model and the account-based blockchain model. Thanks to early pioneers like Minswap Labs, Sundae Labs 🍨 etc, batcher was then introduced as a solution making the AMM model possible on Cardano. Still, scalability is a bottleneck for Cardano DEX. Then it came to the Vasil hardfork in late 2022, which introduced inline datum, reference script, and reference input. In short, these are all upgrades enabling more efficient smart contracts. Cardano DeFi performance is boosted with examples like the latest Minswap V2, and Sundae V3. Where we are at today in terms of Cardano DeFi - the technology is ready, but the liquidity issue is the next challenge under the spotlight. The DApp utilization of Cardano is in general lower than other L1s as hinted by multiple metrics such as trading volumes and TVL, it hinders the growth of Cardano ecosystem in general. To solve it, we want to bring external liquidity, and we are looking at CeFi liquidity on centralized exchanges. We plan to onboard CeFi traders and bring them to trade on-chain in Cardano. CeFi here is defined as crypto-ready users conducting their trade in centralized exchanges. The daily trading volume of $ADA at the current price amounts to ~250m USD, with only around 1% happening natively on the Cardano blockchain and the rest happening in CEXes such as Binance. Even if we only onboard a further 1% of that trading volume onto Cardano. There’s already 2X of current liquidity! The $ADA volume is only less than 1% of total CeFi market. Massive opportunities ahead! How do we bring CeFi liquidity on-chain? What do the CeFi traders care about the most? The current biggest challenge for CeFi traders is fund safety. With the collapses of FTX, BlockFi, CeFi traders suffered significant losses of their assets, amounting to 46 billion USD. Unsurprisingly, CeFi liquidity is in search of a solution without platform risk, at the same time, they still want a similar experience with trading on centralized exchanges. TLDR: CeFi liquidity is looking for CeFi trading experience with enhanced fund safety That is why we are building DeltaDeFi to onboard CeFi liquidity, and here's how we are doing it: 🔷 1. Zero order management fee (zero transaction fee placing and canceling orders), transaction fees only occur when your order is matched - In CeFi, traders place multiple orders and cancel multiple orders within a second when they receive market signals from their proprietary sources. Even 0.01 ADA charged on each action makes their trades cost-prohibitive. 🔷 2. Instant order confirmation - DeltaDeFi also makes high-frequency trading (HFT) possible, where a trading pattern could make profits out of 5bps of price advantage. That’s why it is crucial to confirm the trades at the time of signing the transaction so that their 5bps profit margin strategy would not be affected by the market price movement in the next second. 🔷 3. Programmatic access - Programmatic access enables CEFI traders to deploy customized trading strategies, including HFT. to the platform, accompanied by the 2 features above. 🔷 4. Everything non-custodial - On top of all the features CeFi liquidity requesting above, trading on DeltaDeFi is fully non-custodial - it means our platform cannot move any of our users’ funds with their private key signing on the transactions, compared to CEXes controlling their assets. All the features above satisfy the needs of CeFi to trade on Cardano. While achieving the above will excite CeFi traders and likely bring more liquidity, it comes with trade-offs: 🔸 We adopt a radical approach to process all orders-matching off-chain. To increase transparency and audibility, we enable users to pull the immutable full market records for reconciliation, auditing whether our off-chain engine is performing as we promised 🔸 Each order has to be at least 500 ADA's worth to cover the Plutus script running cost charged by the Cardano blockchain, to reduce the trading fee to as low as 10 basis points (0.1%, same as Binance’s maker fee). Here’s where we are now: we have just wrapped up our first round of private alpha-testing, receiving valuable feedback and improving our product. Soon we will announce the public alpha-testing round. In about 3 months, followed by a beta with an incentivized trading game and then we go mainnet! Here’s how you can be involved. We are rolling out the 2nd alpha testing very soon. With that, you can taste what the CeFi experience feels like on DeFi. Also, you would be the first one to have hands-on experience trading on our platform, gaining an advantage on our next incentivized beta testing! We will announce alpha testing access on twitter in about a month. Follow our Twitter and stay tuned! #Cardano
DeltaDeFi14,954 просмотров • 1 год назад
Больше нет контента для загрузки