The ImpulseVen DEX: An innovation to accelerate adoption

Features of ImpulseVen DEX

  • Intuitive user experience. ImpulseVen DEX features an easy-to-use interface through which users can trade spot swaps and futures in a permissionless fashion. For added reliability and execution speed, the platform implements an off-chain orderbook model where orders are matched before they are committed to the blockchain for execution and settlement. ImpulseVen DEX orderbooks are maintained on ImpulseVen chain nodes, ensuring maximized decentralization and censorship resistance, and ensuring all transactions on the platform are completely transparent.
  • Advanced settlement protocols. The implementation of Trade Execution Coordinators (TEC) increases reliability by enforcing price-time priority for all order executions while eliminating collisions and the possibility of front running. The TECs combines the best of Order Matching and Open Orderbook Relayer models to make trading more flexible, ensure liquidity, manage minimum spread and reduce fees.
  • Democratized trading. ImpulseVen DEX is designed to be a constantly evolving platform, and the decision-making process of many important functions related to trading activities will be democratized. Platform users will be able to add new derivative pairs for crypto assets, and if there is sufficient demand for such a pair among the community it may then become a permanent offering.
  • Simple swaps.An inbuilt ERC20 swap mechanism will allow traders to switch between assets on the fly to trade their desired derivative pairs.
  • Decentralized futures trading. Users will be able to open positions with up to 20x leverage on on-chain perpetual contracts with transparent fees and 24/7 guaranteed liquidity. The ImpulseVen Perpetual Protocol supports perpetual contracts for any asset, including DeFi tokens like WBTC, YFDAI and VEN.
  • Zero fees for the first 3 months after launch.

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