Archive

How Do Crypto Exchanges Work? Matching Engine Technology

As traders enter and exit the market, buying and selling at the current best price (the top of the order book), their “market” orders are filled from these “limit” orders stored in the order book. Pro-rata algorithm fills orders according to price, order lot size ...

What is Ethereum? Explained With Features and Applications

Ethereum, the second-biggest cryptocurrency after Bitcoin, is a blockchain-powered platform for creating decentralized applications (dapps). The network, maintained by users worldwide known as Ethereum nodes, supports various applications, including decentralized finance (DeFi), gaming, and non-fungible tokens (NFTs). It’s a popular choice for both developers and ...

What Is A Liquidity Pool?

Moreover, the permissionless nature of these pools eliminates the need for intermediaries or cumbersome approval processes, empowering individuals to engage directly with the market. The constant product formula, exemplified by platforms like Uniswap, revolutionizes price discovery and pool balance maintenance. This algorithmic approach ensures a ...