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Duality Documentation
  • What is Duality?
  • Concepts
    • AMMs and Orderbooks
    • Liquidity Pools
    • Ticks
    • TickLiquidity
      • Pool Reserves
        • Fees
      • Limit Order Tranches
    • Liquidity Iteration
    • Swaps
    • Overview
  • Module Documentation for Developers
    • DEX Module
      • Transaction Messages
        • Deposit
        • Withdrawal
        • MultiHop Swap
        • Place Limit Order
        • Cancel Limit Order Message
        • Withdraw Filled Limit Order
      • Queries
  • Dictionary
  • Advanced Concepts
    • Replicating Market Makers
    • Shared Liquidity
  • User Interface
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  1. Concepts

Overview

The Dex (decentralized exchange) module contains the central business logic of Duality. Users may interact with this module to provide liquidity and execute trades according to commonly-accepted exchange semantics.

Duality, at its core, is a novel AMM design. We are also building a set of features around the AMM in order to enable powerful and sustainable financial markets. At the core of the AMM lays an incredibly simple swap mechanic: liquidity pools that allow traders to buy or sell tokens at a constant price.

Constant-price pools enable a new level of simplicity, flexibility, and capital efficiency which benefits liquidity providers and traders alike. Reasoning about external use cases and core features becomes much easier, leading to an enhanced, simplified user experience.

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Last updated 1 year ago