Bridging services between chains according to a release from the developers, deBridge has launched DLN Trade, a cross-chain exchange that enables quick and efficient native trading across several different blockchains.Any asset on one chain can be traded directly to any asset on another chain using DLN’s global liquidity engine, which generates a decentralized order book without the delays and dangers associated with liquidity pools.
A group of tokens locked on decentralized exchanges are referred to as liquidity pools, and they are used to facilitate trading for those tokens on the open market. To execute trades, DLN does not rely on a liquidity pool but rather peer-to-peer liquidity.
Developers informed CoinDesk that DLN provides customers with unmatched speed, capital-efficiency, and control. All trades are shielded from slippage, MEV, the potential of reversion, and guaranteed rates with costs as low as 4bps.Additionally, users have the option to set cross-chain limit orders and cancel them at any moment prior to fulfillment.For instance, a $1,000 trade can be conducted for the same low cost as a $10,000,000 cross-chain deal,” they stated.
Contrary to other services on the market that rely on these instruments, DLN stated their software enables users to trade across chains without exposure to wrapped assets or liquidity pools for the first time.With support for Ethereum, Arbitrum, Polygon, Fantom, BNB Chain, and Avalanche, the DLN app is now available.