Injective Protocol

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Injective Protocol

Injective Exchange Upgrade: A Novel Order Matching Mechanism We have carried out a major upgrade to the Injective exchange mechanism this past month. This will make us the first DEX with fast transactions, higher liquidity, and tighter spreads. Our goal at Injective has always been to create a market-leading exchange that is able to surpass centralized exchanges with respect to both user numbers and trading volume. As a result, we began to delve deeper into how we can retain the benefits of a layer-2 model while also creating an exchange that is usable by both retail traders and institutions. In this piece, we delve into a close examination of market challenges that remain pervasive in the DEX sector. We then present our ideologies behind carrying out a major upgrade to our matching mechanism this past month that utilizes a frequent batch auction model. In the end, we have managed to create an entirely new exchange model that in addition to sustaining rapid transaction times is able to tighten spreads with higher liquidity closer to the market price. Read More: bit.ly/3emXbqr