deBridge, the cross-chain bridging service, has launched DLN Trade, a cross-chain exchange that facilitates native trade across blockchains in a way that is both capital-efficient and quick. DLN Trade’s main function is to facilitate the exchange of tokens between different blockchain networks. The DLN app has been released, and it is compatible with Ethereum, Arbitrum, Polygon, Fantom, BNB Chain, and Avalanche.
Understanding DLN Trade
deBridge, headquartered in Spain, was established in 2021 and provides infrastructure for high-performance interoperability. Without the dangers and delays associated with centralised liquidity pools, DLN’s global liquidity engine creates a decentralised order book where any asset on one chain can be traded directly to any asset on another. Most decentralised exchanges rely on a smart contract to lock away user funds, but this solution sidesteps that problem. Rather than relying on a central liquidity provider, trades are instead executed amongst individual users.
deBridge says that, unlike competing services, their app does not require users to have access to wrapped assets or liquidity pools in order to engage in cross-chain trading. DLN’s goal is to alleviate the dependability and security challenges associated with liquidity pool-based infrastructure in real-time. It does this by allowing the price of any asset on one chain to any asset on another without relying on AMM models.
In addition, unlike standard decentralised exchanges, DLN Trade has no transfer limitations and unlimited liquidity. This paves the way for executing orders of any size, whether they be in hundreds or millions of dollars, at the same low costs and high efficiency. Users can also place cross-chain limit orders, which can be cancelled at any moment.