DLN Trade, a cross-chain exchange offering capital-efficient and fast native trading across various blockchains, has been released by cross-chain bridging service deBridge. According to developers, DLN Trade uses a global liquidity engine to create a decentralized order book, allowing users to trade any asset on one chain directly to any asset on another without the bottlenecks and risks of liquidity pools.
For users, DLN offers unprecedented speed, capital-efficiency, and control — all trades are protected from slippage, MEV, the possibility of reversion, and guaranteed rates with fees as low as 4bps, developers told journalists. Users can also set cross-chain limit orders and cancel at any time before fulfillment. A $10,000,000 cross-chain trade, for example, can be executed for the same low rate as a $1,000 trade.
DLN Trade claims to be the first service on the market to offer users the ability to trade across chains without exposure to wrapped assets or liquidity pools. The DLN app is now live with support for Ethereum, Arbitrum, Polygon, Fantom, BNB Chain, and Avalanche.