Paradigm unifies liquidity by shifting the roles of liquidity management and order broadcast from centralized relayers to a public, peer-to-peer network. Exchanges built on the protocol simply provide a front-end interface and order matching engine. Paradigm abstracts the model of proprietary liquidity by allowing exchanges and traders to gain access to a single, global liquidity pool.
Paradigm provides a platform for developers to implement settlement logic which can represent spot exchange, derivatives, loans, and much more. Any settlement logic with hybrid decentralized architecture (off-chain order relay with on-chain settlement) can be implemented. The protocol also distributes fees to developers proportional to the contract’s usage. Paradigm enables diverse marketplaces of custom exchange logic and tokenized financial instrumentation.
A single global liquidity pool, promoting greater efficiency and the creation of synthetic markets.
Providing a platform and incentive structure for an integrated ecosystem of hybrid decentralized exchange logic.
Creating an open and feeless protocol for the peer-to-peer solicitation of tokens and token contracts.
A powerful and intuitive trading experience.
The Paradigm trading dashboard provides a modular exchange interface, allowing users to customize trading layouts, and trade multiple instruments side-by-side. This interface functions as the first matcher built on the Paradigm Protocol. More information coming soon.