[ANN] PixelSwap - The First Modular and Upgradeable DEX on TON

irfanpak10

New Member
Oct 18, 2024
23
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PixelSwap101: Understanding Capital Efficiency in the TON DEX Ecosystem

In the world of DeFi, liquidity is often discussed in terms of Total Value Locked (TVL), but an equally critical factor is Capital Efficiency. This concept measures how effectively capital is used to generate returns or output, playing a crucial role in maximizing productivity within decentralized exchanges (DEXs). If liquidity is the lifeblood of DeFi, capital efficiency is the heartbeat, dictating how productively assets are deployed. PixelSwap on the TON network exemplifies this with its high-efficiency approach, setting new standards for capital utilization in the DEX landscape.

What is Capital Efficiency?

Capital efficiency
refers to the ratio of trading volume to the liquidity locked within a protocol. Specifically, we can assess this efficiency with the Liquidity Turnover Ratio (LTR), calculated as:
LTR = Trading Volume (24hr) / TVL

A higher LTR indicates a DEX that achieves more trading volume with less liquidity, reflecting greater efficiency. In essence, a DEX with good capital efficiency operates like a well-oiled machine, maximizing output with minimal resource use. In contrast, inefficient DEXs squander liquidity, much like an engine wasting fuel for subpar performance. As decentralized exchanges evolve, capital efficiency is emerging as a primary metric of success, redefining competitive dynamics.

PixelSwap: Leading the Way in Capital Efficiency on TON

As part of the PixelSwap platform, capital efficiency is prioritized to enhance the trading experience on TON. By optimizing liquidity pools, smart routing, and automated market making (AMM) strategies, PixelSwap allows users to trade seamlessly with lower slippage and better returns. This focus on capital efficiency ensures that PixelSwap can achieve high trading volumes without requiring vast amounts of locked liquidity, setting it apart as a leader in the TON DEX ecosystem.

PixelSwap’s efficient design maximizes asset productivity and provides a robust platform for both new and experienced DeFi users. As users engage with Swap and Pool features, they experience the benefits of optimized capital usage, making PixelSwap the go-to platform for trading on TON.

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Official Links
• LayerPixel: Homepage | Twitter | Community | Medium
• PixelSwap: Homepage | Twitter | SWAP | Pool
• PixelDAO: Twitter | Forum | Chat Group
 

irfanpak10

New Member
Oct 18, 2024
23
0
PixelSwap101: How Do AMM & Liquidity Pools Work?

Automated market makers (AMMs) have transformed on-chain trading by removing the need for traditional order books. On conventional exchanges, traders require a counterparty to execute trades. AMMs, however, enable seamless trading on token pairs, even those with typically low liquidity on order book exchanges. The core of this system is the liquidity pool—a collection of funds provided by liquidity providers and secured in a smart contract, all of which is accessible on PixelSwap.

Understanding AMMs and Liquidity Pools

Consider an order book exchange as peer-to-peer, whereas trading on an AMM is peer-to-contract. When you trade on an AMM, you're not interacting with an individual but with the liquidity in the pool. As long as the pool has enough liquidity, your trade can proceed without requiring a specific seller. For instance, buying $DOGS on a TON DEX doesn’t involve a direct transaction with a seller. Instead, an algorithm within the liquidity pool handles the trade, setting prices and managing execution based on available liquidity.

In this setup, liquidity providers supply the assets you trade against, though they aren’t direct counterparts like in traditional order book exchanges. Instead, you’re interacting with a smart contract that governs the pool, offering a unique trading experience on PixelSwap.

Benefits of AMM & Liquidity Pools on PixelSwap

On PixelSwap, AMMs and liquidity pools enable fast, efficient trading while reducing reliance on counterparties. This structure promotes smoother transactions, lowers slippage, and provides increased access to trading opportunities across various tokens in the TON DEX ecosystem.

As more users join PixelSwap and contribute to liquidity pools, the platform benefits from enhanced depth and trading efficiency, supporting a vibrant and liquid market. Whether you’re a seasoned DeFi trader or new to the space, AMMs on PixelSwap offer a revolutionary way to engage with the TON network.


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PixelSwap101: How Do AMM & Liquidity Pools Work?
Official Links
• LayerPixel: Homepage | Twitter | Community | Medium
• PixelSwap: Homepage | Twitter | SWAP | Pool
• PixelDAO: Twitter | Forum | Chat Group
 

irfanpak10

New Member
Oct 18, 2024
23
0
PixelSwap101: Understanding Routing in DEX

In decentralized exchanges (DEX), routing is essential for determining the most efficient path for token swaps. It acts as the decision-making engine, evaluating multiple liquidity pools and trading pairs to ensure optimal trade execution on platforms like PixelSwap, built on TON. With the growing DeFi ecosystem on TON, PixelSwap is at the forefront, providing advanced routing to offer users competitive rates and seamless experiences within the TON DEX.

What Does Smart Routing Offer?

Smart routing is a feature that ensures trades are executed at the best possible rates, minimizing costs and enhancing user experience. Here’s what it brings to the table:

Best Price: Smart routing finds the optimal paths through liquidity pools to secure the most favorable swap rates, ensuring users get the best value on PixelSwap.
Lower Slippage: By identifying the most efficient trading routes, it reduces the price impact of larger trades, keeping slippage to a minimum.
Deeper Liquidity: PixelSwap’s routing pools liquidity from multiple sources, including other DEXs, to provide deeper liquidity and better pricing.
Higher Speed: With smart routing, PixelSwap handles high volumes of transactions swiftly, reducing delays and delivering a seamless user experience.

In summary, routing is a fundamental aspect of DEXs, crucial for optimizing trades, enhancing liquidity, and securing competitive rates. At PixelSwap, we go a step further by implementing advanced techniques like successive shortest path, minimum cost flow, and convex optimization to power our Smart Routing Innovation. As the DeFi landscape continues to evolve, PixelSwap remains committed to delivering efficient and user-friendly trading solutions on TON.


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PixelSwap101: What is Routing in DEX?
Official Links
• LayerPixel: Homepage | Twitter | Community | Medium
• PixelSwap: Homepage | Twitter | SWAP | Pool
• PixelDAO: Twitter | Forum | Chat Group
 

irfanpak10

New Member
Oct 18, 2024
23
0
PixelSwap101: The First Modular & Upgradeable DEX on TON

In the world of decentralized exchanges (DEXs), PixelSwap stands out as the first modular and upgradeable DEX on TON. By leveraging modularity, PixelSwap brings a whole new level of scalability and speed to blockchain trading. This innovation enables off-chain storage of transaction data, while only proofs remain on-chain, creating a more efficient and agile DEX environment within the TON ecosystem.

Why is Modular DEX the Future?

The future of DEX innovation lies in specialization across each layer of the stack, rather than solely focusing on the end-user experience. This inside-out approach ensures that PixelSwap can achieve unprecedented levels of capital efficiency and adaptability, making it a leader among TON DEX platforms.

Lower Fees & Better Capital Efficiency: Modular architecture empowers projects to choose the most efficient pricing models, translating to lower fees for users and significantly enhanced capital efficiency for projects. PixelSwap utilizes this approach to deliver capital efficiency that competes with, and even surpasses, traditional centralized exchanges (CEXs).

Adaptability & Easy Upgrades: Thanks to its upgradeable features, PixelSwap can seamlessly adapt to evolving market demands. Customizable settings, such as swapping curves and gas fees, allow for better user experience and optimized trading. Over time, the functions and performance of PixelSwap’s modular DEX will only continue to improve, making it a powerful trading hub on TON.

Rapid Innovations in Modularity: Innovations within the modular architecture field are advancing at a remarkable pace. The integration and collaboration among technologies are creating positive externalities, continually optimizing the modular DEX experience and enhancing PixelSwap’s value for users on TON.

As DeFi evolves, modular DEXs like PixelSwap represent the next generation of trading technology, providing scalable, flexible, and efficient solutions that meet the needs of a growing blockchain community.


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PixelSwap101: The First Modular & Upgradeable DEX on TON
Official Links
• LayerPixel: Homepage | Twitter | Community | Medium
• PixelSwap: Homepage | Twitter | SWAP | Pool
• PixelDAO: Twitter | Forum | Chat Group