Dradex introduces the first unified order book and AMM model, built on the Solana blockchain, fully integrated to facilitate transactions with minimal slippage. The algorithm automatically fills your order at the best price from a seamless combination of the order book or the AMM liquidity pool.
How does Dradex work?
Dradex provides a wide range of modern features for stable and trouble-free trading.
Functions:
| 1. | Market orders with low slippage. |
| 2. | Favorable advantages for liquidity providers. |
| 3. | Support for tokens from multiple chains (Solana, Ethereum, Binance Smart Chain, Avalanche). |
| 4. | Closed markets and farms. |
| 5. | Decentralized and non-custodial. |
| 6. | Fast transactions and low commissions. |
The order book model is similar to the CEX order matching model, while the AMM model is a typical DEX offering. Combining these two features, Dradex offers a wide range of original state-of-the-art features with a consistent and smooth trading experience.
Select a trading pair such as YMS/USDC. Select "Buy" or "Sell" at the top of this window. Dradex also offers market and limit orders that you can use to manage your risk. If you want to create a limit order, select the "Limit" option on the left. A limit order allows you to buy or sell cryptocurrencies at or above a certain price. With the market order method, you instantly buy or sell a financial asset at the best price, which is currently available.
Staking and farm
Open the "Pool" tab. You can find all your active pools here. You can see the overall liquidity and APR (an estimate of your deposit growth over the year, based on recent volume of trading activity).
Then click "Deposit" and you will need to confirm the transaction in your wallet. You should see a confirmation of the transaction. You will be able to view your LP tokens on your wallet balance. Go to the "Farming" tab. You can check information about the farming pools you are currently participating in. To create a new liquidity pool, click the "+ Create liquidity pool" button.
You can choose a pair in the box trading market and collect the reward token. Enter the amount of the deposit and issue of tokens per day. Enter the amount you can deposit and the issue of tokens per day. Check the information and make sure all details are correct. When you are ready to create a farming pool, click the button at the bottom of the modal and confirm it in your wallet. Be sure to confirm the transaction in your wallet. After the transaction is confirmed, you must place a bet and earn on Dradex or project tokens.