Perpetual DEXs are widely using AMM system. This system was not only adopted quickly by the DeFi savvy people, but also contribute to the DeFi ecosystem greatly. Thanks to this system, people found out there is another way to trade without using CEXs. Besides the decentralization, the user-based benefits are pretty attractive for the liquidity providers. Instead of the platform owners in CEXs, liquidity providers can benefit from transaction fees in AMM style DEXs. However, this great system still needs to be upgraded since it contains some risks as Impermanent Loss. Some of the platforms such as Uniswap V3 made a good effort to minimize impermanent loss by limiting the liquidity providing limit but the better solutions are still on its way to come!

Another good system for DEXs is Orderbook style. Orderbooks works well with high transaction speeds, low transaction fees and enough liquidities. Thanks to these, more and more people are coming to these platforms so by this the volume in these platforms are also naturally increased. However, the biggest disadvantage of this system is the lack of the contribution of small players. People can not add liquidity in these systems since private market makers are providing them. Since private market makers are providing liquidity, mostly they decide to add liquidity on the pairs they find beneficial for themselves. In these kind of platforms, the problem of less trading pairs than the community wants can occur.

A brand new style for the DEXs is Oracle. Oracle style of DEXs have its own advantages and disadvantages. The biggest concern of this system is the uncertainty for the liquidity providers. Liquidity providers have to accept all the orders whether they are beneficial or not. This can be thought as a balance between traders and liquidity providers. When the gains for traders increase, the other side of the balance goes up and results as a loss for the liquidity providers.

Phezzan is bringing a great solution on these existing solutions with major problems, Orderbook Style with Retail Liquidity!

• Thanks to Phezzans orderbook style, traders, liquidity providers and builders can have a great choice in DEX ecosystem. One of the biggest advantage of Phezzan is the user friendly interface which is quite similar to what people are using in CEXs and DEXs.

• Phezzans orderbook style reduces the need of committing major amount for the private market makers which leads them to deploy more on other coin pairs that they find it risky and not that beneficial on other style of DEXs. Phezzan allows them to have better liquidity for more volatile coins!

• Phezzan is democratizing the liquidity for all. Liquidity providers can add liquidity for an orderbook and they can earn more in with other style such as AMM and Oracle!

• Phezzan is opening the gates for being a market maker to everybody! Thanks to the permissionless nature of Phezzan, despite the traditional orderbook style, not only the big players, but also the small players can be a market maker!

• Permissionlessness of Phezzan also allows builders to list their own token pairs and build their own perpetual pairs!

Surprized? Amused? Questions? Please head to the social channel of Phezzan and learn more!

Perpetual DEXs are widely using AMM system. This system was not only adopted quickly by the DeFi savvy people, but also contribute to the DeFi ecosystem greatly. Thanks to this system, people found out there is another way to trade without using CEXs. Besides the decentralization, the user-based benefits are pretty attractive for the liquidity providers. Instead of the platform owners in CEXs, liquidity providers can benefit from transaction fees in AMM style DEXs. However, this great system still needs to be upgraded since it contains some risks as Impermanent Loss. Some of the platforms such as Uniswap V3 made a good effort to minimize impermanent loss by limiting the liquidity providing limit but the better solutions are still on its way to come!

Another good system for DEXs is Orderbook style. Orderbooks works well with high transaction speeds, low transaction fees and enough liquidities. Thanks to these, more and more people are coming to these platforms so by this the volume in these platforms are also naturally increased. However, the biggest disadvantage of this system is the lack of the contribution of small players. People can not add liquidity in these systems since private market makers are providing them. Since private market makers are providing liquidity, mostly they decide to add liquidity on the pairs they find beneficial for themselves. In these kind of platforms, the problem of less trading pairs than the community wants can occur.

A brand new style for the DEXs is Oracle. Oracle style of DEXs have its own advantages and disadvantages. The biggest concern of this system is the uncertainty for the liquidity providers. Liquidity providers have to accept all the orders whether they are beneficial or not. This can be thought as a balance between traders and liquidity providers. When the gains for traders increase, the other side of the balance goes up and results as a loss for the liquidity providers.

Phezzan is bringing a great solution on these existing solutions with major problems, Orderbook Style with Retail Liquidity!

• Thanks to Phezzans orderbook style, traders, liquidity providers and builders can have a great choice in DEX ecosystem. One of the biggest advantage of Phezzan is the user friendly interface which is quite similar to what people are using in CEXs and DEXs.

• Phezzans orderbook style reduces the need of committing major amount for the private market makers which leads them to deploy more on other coin pairs that they find it risky and not that beneficial on other style of DEXs. Phezzan allows them to have better liquidity for more volatile coins!

• Phezzan is democratizing the liquidity for all. Liquidity providers can add liquidity for an orderbook and they can earn more in with other style such as AMM and Oracle!

• Phezzan is opening the gates for being a market maker to everybody! Thanks to the permissionless nature of Phezzan, despite the traditional orderbook style, not only the big players, but also the small players can be a market maker!

• Permissionlessness of Phezzan also allows builders to list their own token pairs and build their own perpetual pairs!

Surprized? Amused? Questions? Please head to the social channel of Phezzan and learn more!