dappOS has now launched IntentEX, a spot trading function based on intent infrastructure. Currently, traditional on-chain exchanges face problems such as insufficient liquidity, slow transaction speed and high fees. Users often cannot enjoy the liquidity of the entire market on one platform, resulting in low transaction efficiency and high transaction costs.
The core design innovation of intentEX is to entrust the user's limit order as an intent task to the professional service node in the dappOS intent execution network on the basis of the traditional order book exchange, and allow the service node to complete the final settlement on the opBNB chain. This design not only allows users to seamlessly trade assets of any chain in intentEX, but also gives full play to the high and low-fee characteristics of opBNB, allowing users to trade faster and cheaper and enjoy a good trading experience. In addition, these service nodes can help users capture professional institutional-level liquidity through dappOS network nodes based on the internal order book.
Compared with traditional on-chain exchanges, IntentEX has the following advantages:
Full market liquidity: Through dappOS's professional service nodes, users can capture institutional-level liquidity and quickly match the best price.
Extremely fast transactions: Settlement in opBNB makes the basic execution of transactions very fast. In addition, the OMS mechanism of dappOS makes the transaction confirmation speed sometimes exceed the public chain block speed, allowing users to enjoy a transaction experience close to CEX.
Low handling fee: Settlement in high-speed and low-fee opBNB, the transaction fee is only 0.1%, which is lower than most on-chain exchanges.
Decentralization and transparency: All transactions are publicly recorded on the chain to ensure the security and transparency of transactions.
intentEX is a new use case of the dappOS intent execution network, which not only improves the user transaction experience, but also promotes the technological innovation of decentralized exchanges. It is a further improvement of the dappOS Web3 intent layer ecology, helping the entire crypto ecology to develop in a more intelligent, efficient and decentralized direction. At the same time, intentEX's use of opBNB for settlement is also a sign that dappOS is fully integrated into the BNB Chain ecology.
