not approved
Liquidity-less peer to peer DEX
Current Project Status
Unfunded
Amount
Received
Received
$0
Amount
Requested
Requested
$68,800
Percentage
Received
Received
0.00%
Solution
We have built a tool that allows any user to trade any token in any amount peer-to-peer (OTC), without slippage and without requiring DEX liquidity. We want to port this trustless DEX to Cardano.
Problem
Trading tokens on DEXs incurs high slippage unless projects have large liquidity pools. Smaller teams are not always able to provide this. Users need a way to trade peer to peer without AMM Liquidity.
Impact / Alignment
Feasibility
Auditability