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Trading Fee Mechanism on DEX

Trading Fee plays a major role in stability of ecosystem as it is directly added to burner module which helps manage the total supply.

There are two important roles in trading process : Market Maker and Market Taker .

Market Maker : A market maker is someone who adds liquidity to the market. They accomplish this by placing buy or sell orders at predetermined prices, which are not immediately filled. These orders remain on the order book, waiting for other traders to match them. By placing these orders, market makers contribute to a smoother trading experience, giving buyers and sellers more options.

Market Taker : A market taker is someone who buys or sells an asset at its current market price. They place orders that are instantly matched with existing market orders, essentially "taking" available orders. This role is critical for the quick execution of trades, which makes the market more dynamic and responsive.

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Last updated 2 months ago