The Problem of TwoCrypto traders have been limited to one of two choices, execution quality or control. You could trade on CEXs and get tight spreads, deep liquidity, low slippage, while giving up asset control. Or you could trade on DEXs, actually own your assets, but watch slippage destroy your profits. An unsolvable infrastructure problem it seemed. The root of the issue? Orderbooks don’t work on-chain. Traditional finance runs on orderbooks. So does every major crypto exchange. An orderbo...
