Currently, decentralized exchanges (DEX) are gradually dominating the cryptocurrency trading market within the Web3 ecosystem. However, compared to traditional centralized exchanges (CEX), DEX still face numerous challenges in terms of liquidity, transaction speed, and fees.
To address these issues, @dappOS_com launched a spot trading platform based on the intent network—IntentEX, providing users with a trading experience close to that of CEX while improving trading efficiency and optimizing user experience.
1. Core Innovation of the Intent Network
The intent network of dappOS is at the core of its innovative design. By operating with intent actions, asset intents, and transaction intents, it helps users simplify operational processes and enhance transaction execution efficiency.
In traditional decentralized exchanges, users often need to wait for their limit orders to be matched after posting them, a process that can be delayed due to insufficient liquidity or inadequate market depth. In the intent network of dappOS, each of the user's transactions is treated as an 'intent task' and is relayed to professional service nodes for processing through the dappOS intent execution network. These service nodes utilize their liquidity advantages in CEX and DEX markets to help users achieve faster transaction execution, even surpassing public chain confirmation speeds.
IntentEX is precisely the spot trading platform launched based on this core innovation, perfectly combining the intent task mechanism with spot trading, greatly enhancing trading efficiency and liquidity.
2. Market-wide Liquidity
In traditional on-chain exchanges, liquidity is often dispersed across multiple different exchanges and markets, preventing users from finding the optimal trading pairs on a single trading platform.
To avoid the issue of fragmented liquidity, dappOS monitors liquidity on CEX and DEX in real-time through its professional service nodes and aggregates this liquidity onto IntentEX to provide users with market-level liquidity support.
This integration of market-wide liquidity allows users to capture optimal prices in real-time on IntentEX without needing to hop between multiple platforms or wait. Compared to traditional exchanges, IntentEX can significantly enhance the transaction completion rate and transaction speed, especially during periods of high market volatility, ensuring that users' trading intents can be executed quickly without missing opportunities due to insufficient liquidity.
3. Transaction Speed
Transaction speed is a significant pain point for decentralized exchanges, especially in high-volume scenarios where the block speed of the blockchain can lead to delays in order execution. IntentEX addresses this issue by moving transaction settlement to the opBNB chain.
opBNB is an efficient, low-cost Layer 2 solution with significant advantages in transaction confirmation. Combined with the professional service nodes of the dappOS intent execution network, IntentEX can complete transaction confirmations within 500 milliseconds, even surpassing the block speeds of public chains.
Compared to the waiting times of several seconds or even minutes on traditional on-chain exchanges, the ultra-fast trading experience provided by IntentEX offers users a more efficient and smoother trading experience. This ultra-fast execution capability is particularly evident in high-frequency and large-value trades, allowing users to enjoy rapid market responses and trade with an experience close to that of centralized exchanges (CEX).
4. Low Fees
In many on-chain exchanges, trading fees are often high, especially during periods of high trading volume, where users are required to pay additional fees to ensure timely execution of orders. IntentEX, however, significantly reduces trading costs through the low fee mechanism of the opBNB chain.
The trading fee on IntentEX is only 0.1%, significantly lower than the rates of most on-chain exchanges. Such low fees allow users to save a substantial amount on trading costs when engaging in spot trading, especially when trading frequently, where the cost-saving benefits are even more pronounced. This low fee advantage makes IntentEX an economical choice for on-chain trading, undoubtedly an attractive feature for both ordinary users and institutional investors.
5. Decentralization and Transparency
While traditional centralized exchanges provide a relatively efficient trading experience, they also face issues of insufficient transparency and security risks. On the other hand, decentralized exchanges (DEX) have improved transparency and security, but the problems of transaction speed and liquidity have yet to be effectively solved.
IntentEX, based on the decentralized network architecture of dappOS, ensures that all transactions are publicly recorded on-chain, guaranteeing the transparency and credibility of transactions. Furthermore, the decentralized design of the dappOS intent execution network means that transaction execution does not rely on a single server node; even if one service node fails, other nodes can seamlessly take over, ensuring that transactions are not affected.
This decentralized trading model ensures the safety of users' funds, avoiding the single point of failure and asset security risks associated with traditional centralized exchanges. At the same time, the publicly transparent trading records allow users to audit transaction data at any time, enhancing the trust in the system.
6. Outlook on the dappOS World
Just as Windows 95 revolutionized personal computing with the introduction of a graphical user interface (GUI), dappOS is changing the blockchain landscape with its intent execution network.
In the world of dappOS, users can interact with blockchain applications as easily as browsing a modern web interface. Whether transferring assets, participating in decentralized finance (DeFi), or using decentralized applications (dApps), dappOS simplifies these processes by allowing users to set intents and letting the network handle execution.
dappOS is expected to become the infrastructure of Web3, driving the next wave of growth in the decentralized era. We can foresee explosive growth and innovation reminiscent of the '1995 moment' of internet transformation. The future of blockchain technology supported by dappOS will be inclusive, efficient, and impactful, ushering in a new era of digital interaction and economic opportunities.