Defx Liquidity Engine (DLE)1.OverviewThe Defx Liquidity Engine (DLE) is the foundational market-making system powering liquidity on the Defx perp DEX. Structured as a vault, DLE allows users to deposit capital into a fully on-chain pool that the protocol uses to provide liquidity across all perpetual markets. Unlike traditional AMMs or peer-to-pool models where users passively sit on one side of risk, DLE runs delta-neutral, liquidity provisioning strategies that aim to generate real, sustain...

Defx Liquidity Engine (DLE)1.OverviewThe Defx Liquidity Engine (DLE) is the foundational market-making system powering liquidity on the Defx perp DEX. Structured as a vault, DLE allows users to deposit capital into a fully on-chain pool that the protocol uses to provide liquidity across all perpetual markets. Unlike traditional AMMs or peer-to-pool models where users passively sit on one side of risk, DLE runs delta-neutral, liquidity provisioning strategies that aim to generate real, sustain...