Interchain Order Book
Last updated
Last updated
Another upcoming feature is simple but very useful. Not all tokens are listed on centralized exchanges (e.g. Binance, Coinbase, etc) and many users prefer to avoid CEXes. However, buying assets by limit order is an extremely useful feature.
Order books create additional market depth for digital assets. This allows a buyer or seller to better plan a trading or capital allocation strategy. Some DEXes have been able to make this work on a single chain.
Interport introduces the opportunity to place an Interchain order. Our contracts monitor prices for the digital assets on all supported chains and LPs, slowly filling a given order. Once the order is filled, the user will be able to claim all digital assets in one transaction on the desired chain.