Cross-chain infrastructure developer deBridge has launched deSwap Liquidity Community (DLN) API — a buying and selling infrastructure designed to allow high-performance interoperability with out a liquidity pool.
In keeping with a press assertion shared with CryptoSlate, the DLN API is constructed on the deBridge cross-chain messaging layer and permits a brand new stage of improved pace, scalability, and consumer expertise.
DLN eliminates the necessity for liquidity swimming pools for cross-chain transfers. This manner, any protocol or decentralized utility can supply an nearly immediate native cross-chain buying and selling of any quantity with out slippage.
By not utilizing liquidity swimming pools, the brand new API guarantees deep, liquid interoperability with Maximal extractable worth (MEV) safety. The deep liquidity comes from the truth that DLN effectively attracts liquidity from the entire DeFi market as an alternative of only one liquidity pool.
DLN API additionally removes the dangers and limitations of liquidity swimming pools. That is particularly necessary contemplating how liquidity swimming pools and cross-chain bridge vulnerabilities have triggered greater than $2 billion in losses for DeFi protocols.
Moreover, it additionally guarantees quicker and extra capital-efficient trades. Transactions with DLN can be settled in seconds or minutes, and customers don’t need to pay automated market makers or lose capital to MEV bots.
“DLN zero-TVL creates the primary sustainable mechanism for cross-chain liquidity buying and selling by enabling worth accrual with out the necessity to repeatedly distribute any liquidity mining rewards.”
In keeping with deBridge’s web site, any mission can combine with its DLN utilizing the dwell API or interacting immediately with the sensible contract. It additionally famous that “DLN is totally asset-agnostic, which means that you could place an order giving wBTC or FTT, or every other asset.”
This new instrument is the newest within the line of merchandise from deBridge, specializing in serving to DeFi functions scale quicker with higher capital effectivity. DeBridge Finance has already constructed a number of options like deSwap, deNFT, and dePort to assist customers’ expertise.
DLN at present helps Arbitrum (ARB), Ethereum (ETH), BNB Chain, Polygon (MATIC), and Avalanche (AVAX).
The put up DeBridge launch buying and selling infrastructure product with out liquidity pool appeared first on CryptoSlate.
