Cross-Chain Bridge deBridge introduces an exchange that does not require liquidity pools

Cross-chain bridging service deBridge has released DLN Trade, a cross-chain exchange that offers capital-efficient and fast native trading across different blockchains, developers CoinDesk said in a press release.

DLN uses a global liquidity engine that creates a decentralized order book so that any asset on one chain can be traded directly with any asset on another, without the bottlenecks and risks of liquidity pools.

Liquidity pools are a basket of tokens locked on decentralized exchanges and designed to facilitate trading of these tokens on the open market. DLN uses peer-to-peer liquidity to settle trades instead of relying on a liquidity pool.

“For users, DLN offers unparalleled speed, capital efficiency and control – all trades are protected from slippage, MEV, the possibility of reversal and guaranteed interest rates with fees as low as 4 basis points,” developers told CoinDesk.

“Users can also set cross-chain limit orders and cancel them at any time before execution. For example, a $10,000,000 cross-chain trade can be executed at the same low price as a $1,000 trade,” they added.

DLN claimed that for the first time, their app allows users to trade across chains without relying on wrapped assets or liquidity pools – unlike other services in the market that rely on these instruments.

The DLN app is now live and supports Ethereum, Arbitrum, Polygon, Fantom, BNB Chain and Avalanche.

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