IDEX launches hybrid liquidity exchange at Polygon
The hybrid model will combine traditional order book functions with automated market maker (AMM) liquidity pools in an effort to provide higher financial returns for liquidity service providers, as well as provide typical investment tools such as stop losses, limit orders and real-time executions.
Working on the Polygon network (MATIC) reduces transaction costs to a value of "10,000 to 100,000 times cheaper" than Ethereum's first tier, in addition to the benefits of Ethereum's full-stack network scaling mechanism.
Nearly half of all liquidity providers on Uniswap v3 were found to be incurring intermittent losses based on a snapshot of 43% of the platform's data. Despite this, the platform ranks first in daily trading volume on DEX with $2.8 billion, followed by PancakeSwap v2 with $2.3 billion.
