Jump Crypto promotes the DFBA mechanism to address the challenges of traditional CLOBs on the blockchain

According to news from Hash World Chain, the Jump Crypto research team has proposed the 'DFBA' mechanism, aimed at addressing the challenges that traditional CLOBs face on the blockchain. CLOBs rely on continuous matching and time-priority mechanisms, leading to delayed arbitrage and MEV issues, as well as poor liquidity, which increases market trading costs. DFBA conducts two independent auctions every 100 milliseconds, dividing orders into Maker and Taker groups, trading at a single fair clearing price. This mechanism eliminates time priority, avoids competition among liquidity providers, and shifts the focus of competition from speed to price and scale. Compared to traditional designs, DFBA offers tighter quotes and deeper liquidity while protecting traders from delayed arbitrage and MEV impacts. Jump Crypto believes this design retains the advantages of continuous liquidity and auction fairness, avoids high slippage and liquidity fragmentation, and provides market participants with a more equitable and efficient trading environment.