TL;DR: The challenge of fragmented liquidity on TON Blockchain is being addressed by OPTUS through the development of a powerful DEX aggregator and a traditional decentralized exchange. By unifying liquidity, splitting transactions, and providing a seamless trading experience, OPTUS aims to empower users and unlock the full potential of the TON ecosystem.
Embracing TON: Why OPTUS Chose The Open Network
When selecting a blockchain to build our DEX, we carefully assessed several factors. TON stood out as an exceptional choice due to its unique characteristics and growth opportunities. TON’s impressive transaction speed of over 150,000 transactions per second and high scalability make it an ideal platform for building a robust DEX.
Telegram is rapidly becoming one of the most widely-used messenger applications globally, and it is poised to become the first messenger app to have its own integrated blockchain and wallet. It’s highly likely that Telegram will choose TON for these purposes.
As an emerging and relatively immature ecosystem, TON presents us with a chance to participate in its development at an early stage.
TVL Challenge on TON
Despite TON’s notable strengths, the DeFi segment on the network faces a significant hurdle in the form of low Total Value Locked (TVL). Currently, TVL across all DEXs on TON amounts to less than $12 million.
This fragmented liquidity poses several issues, including high slippage and a suboptimal user experience. Recognizing this challenge, OPTUS is committed to addressing TVL troubles and revolutionizing the DeFi landscape on TON.
Unlocking Liquidity with OPTUS DEX
At OPTUS, we are developing a groundbreaking solution to tackle fragmented liquidity head-on. Our team is building TON Blockchain’s first DEX aggregator, a protocol designed to combine all existing decentralized exchanges within the network.
By consolidating liquidity from multiple DEXs into one comprehensive pool, the OPTUS DEX aggregator enables users to access a larger and more efficient market. When users place orders, our protocol dynamically selects the DEX with the best rates for their trades, optimizing execution and minimizing slippage. This approach empowers traders with improved liquidity and enhances their overall trading experience.
In addition to unifying liquidity, the OPTUS DEX aggregator offers another groundbreaking feature — splitting transactions. Large transactions are divided into smaller parts and executed simultaneously across multiple DEXs. This strategic approach significantly reduces slippage and improves trading outcomes, allowing users to achieve better prices and maximize their returns.
At OPTUS, we understand the importance of a seamless user experience. Our platform seamlessly integrates the DEX aggregator and a traditional decentralized exchange into a unified interface.
Join the OPTUS Revolution
With our innovative DEX aggregator and commitment to a unified interface, OPTUS is poised to transform the trading landscape on TON Blockchain. We invite you to be part of this revolution.
Join our community on Telegram, Twitter, and Discord to stay up to date with the latest news, announcements, and exciting developments. Connect with like-minded individuals, engage in discussions, and be part of a growing community shaping the future of decentralized finance. Together, let’s shape the future of decentralized finance on TON.
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