We introduced decentralized exchanges earlier this yearDDex, recently Odaily came into contact withDDexCo-founder Wang Bowen. Wang Bowen said,DDex is justHydroHydro’s first model, Hydro’s strategic vision is to open the middle layer protocol to more exchanges, so that the media and wallets, browsers, centralized exchanges with security demands, and project parties eager to implement the ecology Each role in the platform quickly participates in currency transactions; and takes out 15% of its own token (HOT) to encourage participants with large transaction amounts and liquidity.
Hydro cooperates with "Shared Order Matching and Settlement"0xvery similar. However, Wang Bowen believes that 0x focuses on the lower-level protocol, and exchanges have certain technical thresholds if they want to directly conduct business on it. Hydro's role is closer to the middle layer (it can be imagined as "one-stop decoration service for Taobao stores"), open API and SDK to partners, and provide technical support, so as to shorten the development cycle of currency transaction functions.
In terms of incentive mechanism, HOT is issued based on Ethereum, which can be used by partners to prepay to access the Hydro network, and will be returned periodically according to the smart contract. In the future, partners who will become important nodes on the network will also receive more HOT rewards (similar to EOS's DPoS consensus mechanism). Wang Bowen revealed that there is currently only DDex in the Hydro network, and the cooperation priority of mining pools will be increased in the future.
According to reports, DDex currently has about 50,000 ETH addresses. according toCoinMarketCap data today, DDeX has a trading volume of about $240,000 within 24 hours.
Only 5% of all digital asset transactions occur on decentralized exchanges. Part of the reason is that most users' impression of decentralized exchanges is still "not easy to use".
and previously reported by OdailyDEx.topSimilarly, DDex also adopts the "off-chain matching, on-chain transaction" model to avoid the handling fee and waiting time caused by placing/cancelling orders, and try to "close" to the experience of a centralized exchange. Hydro also plans to release the mobile version (exchange as wallet) DDEX in August to optimize the experience and increase liquidity.
It is understood that the Hydro team currently has nearly 30 people; in Q1 this year, it received a US$2.1 million investment from Reddit co-founder Alexis Ohanian and former YC partner Garry Tan.
Recently, the new exchange reported by OdailyFCoinThe heat continues. FCoin proposes "transaction is mining", and 80% of the exchange revenue will be distributed to FT (FCoin's platform currency) holders immediately. according toFeixiaohao's data today, the trading volume of FCoin within 24 hours is about 7.9 billion US dollars.
Do you feel that the tokens used by centralized exchanges to motivate individual investors (stimulate liquidity) are very similar to the tokens used by decentralized exchanges to reward "allies" (increase transaction depth) in terms of operating model?
More interestingly, today,OKEx Announces Launch of "Open Exchange Plan", to "empower" the new exchange as an "ecological builder".
The digital asset wallet "imToken" cooperates with 0x to launch a decentralized trading platform "Tokenlon" in the wallet
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