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Thibauld@thibauld
What is the best "order book type" (i.e. not using bonding curve ala Uniswap) DEX out there? I got asked the question and I am surprised I could not come up with a name 👀 I initially would have said 0x but I think they pivoted away from that vision...
In reply to @thibauld
11/19/2023
frogmonkee@frogmonkee
Dydx I think Solana has some CLOBs Ethereum block timess are too long and it's too expensive to keep updating chain state with the latest order book prices
In reply to @thibauld
11/20/2023
Brent Fitzgerald@bf
Onchain order books are hard to do efficiently, though there’s some progress here: https://www.youtube.com/watch?v=xUosFwSdVU0&t=51m14s Hybrids like CowSwap (and I think UniswapX) do off-chain decentralized order matching, but fall back to AMMs.