dappOS is committed to building a complete Web3 intent layer ecosystem, providing institutional-level services to users by simplifying user operation processes and improving execution efficiency. Its core concept revolves around the three major components of the Web3 intent layer: operations, assets, and transactions. Previously, dappOS has launched the intent operating system (IntentOS) and intent assets (Intent Asset), which have realized the intentionality of operations and assets respectively. Now, based on the accumulation of existing technologies, dappOS has launched the intent-based spot trading function - intentEX, which further improves the layout of transaction intentionality and becomes a key component of the dappOS ecosystem.

Current Market Pain Points and Solutions

In the current craze for new assets and MEME coins, there is a strong demand for on-chain transactions, but users often face the following problems:

  • Liquidity dispersion: Asset liquidity is distributed across different exchanges, making it difficult to use it centrally.

  • Slow execution speed: The speed of on-chain transactions is limited by the blockchain confirmation time.

  • High transaction costs: High transaction fees reduce user benefits.

intentEX has successfully solved the above pain points by integrating the liquidity of the entire market, improving transaction efficiency, and optimizing transaction costs, and truly realized the rapid execution of users' trading intentions.

The core principles and design innovations of intentEX

IntentEX relies on the dappOS Intent Execution Network. Based on the traditional order book model, it innovatively regards the user's limit order as an "Intent Task" and entrusts the nodes in the network to execute cross-chain. Its core process includes the following parts:

  1. Release Intent Task

When a user places a limit order on intentEX, it is equivalent to publishing an intent task in the dappOS intent execution network. The matching nodes in the network will select the best service node based on the comprehensive competitiveness of the node (including margin, execution speed, cost, etc.). Once the service node confirms the task and signs, it promises to help the user complete the specified number of orders.

  1. On-chain order processing

The service node completes the following three-step transaction according to the system mechanism:

  • Internal Fill
    If there is a matching order in intentEX's order book, the system will directly match the transaction.

  • Node Exclusive Fill
    The remaining orders are completed exclusively by the service nodes within a limited time. If they are not completed, the nodes will be liquidated, and the nodes are incentivized to ensure efficient execution.

3. Open Order
Unfulfilled orders will be publicly listed on intentEX's market for other users to continue trading.

intentEX's core advantages

Institutional-grade full-market liquidity

  • intentEX combines on-chain and off-chain liquidity resources to ensure that every order of the user can quickly access the best price source in the entire market.

  • The OMS (order management system) mechanism of dappOS reduces the capital cost of nodes, improves system operation efficiency, and enables users to enjoy higher transaction rates and speeds.

    Fast execution speed

  • The efficient execution of the professional node network can complete confirmation within 500 milliseconds after the user signs, which is faster than the block time of most blockchains.

  • The user experience is close to that of a centralized exchange (CEX), significantly reducing waiting time.

    Low handling fee

  • The transaction cost of intentEX is as low as 0.1%, which is much lower than the average fee rate of on-chain exchanges, making it an economical choice for on-chain transactions.

    Decentralization and transparency

  • All transaction records are public and verifiable, ensuring the transparency and credibility of the system.

  • The decentralized design ensures that even if a single node fails, it can switch seamlessly to ensure continued transaction success.


    The ecological significance of intentEX

As an important part of the dappOS ecosystem, intentEX is an important supplement to the Web3 intent layer ecosystem. By realizing transaction intent, intentEX seamlessly connects with IntentOS and Intent Asset, further improving the Web3 intent infrastructure of dappOS.

In addition, the trading assets in intentEX (such as USDT, BTC, ETH) use the Intent Asset model, allowing users to earn interest income even while holding assets without affecting trading flexibility.

intentEX is an important milestone in the dappOS intent ecosystem. With its integration of full market liquidity, ultra-fast trading experience, low cost and decentralized transparency, it provides users with an on-chain trading experience close to the CEX level. Against the backdrop of the continued growth in on-chain trading demand, the launch of intentEX will help promote the development of the Web3 ecosystem and become an ideal choice for users and professional institutions.

#dappOS推出基于其意图网络的现货交易 #BinanceWeb3Wallet