Next Generation DEX now on Moonbeam!
MyTrade has completed an integration with Moonbeam, a fully Ethereum-compatible parachain on Polkadot. The MyTrade team chose to work with Moonbeam because of its strategic product fit and the dynamic, growing Polkadot ecosystem. Through this integration, users will be able to use MyTrade V2 to buy and sell assets on the Moonbeam network!
Projects building on Moonbeam are able to use the same smart contract languages, Ethereum-style accounts, developer tools, base-level integrations, and other services they currently rely on, but within a new extended environment on Polkadot. These projects are then able to natively interact not only with Polkadot but other parachains that are also connected to the network.
“We have been observing Moonbeam and the Polkadot ecosystem for some time, and are excited to announce our integration. We want to provide Moonbeam DeFi users with a next generation DEX that is not just a swap. Users will be able to enjoy better prices with lower slippage from our Integrated liquidity feature and market makers can realize higher capital efficiency.” DZ, CEO of MyTrade.
MyTrade is a next generation DEX that looks and feels like a centralized exchange. It introduces new innovations like Integrated Liquidity and Limit Order Mining, which allows MyTrade to offer better prices and better DEX trading user experience to traders on the Moonbeam network.
You can now access MyTrade V2 on Moonbeam and start trading at mytrade.org!
About the Moonbeam Network
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Like Moonriver, its sister parachain on Kusama, Moonbeam is expected to accumulate developer and user activity from the 80+ projects building DApps and protocols on the network. As a parachain on the Polkadot network, Moonbeam benefits from the shared security of the Polkadot Relay Chain and integrations with other chains that are connected to Polkadot.
Learn more: https://moonbeam.network/.
About MyTrade
MyTrade is a next generation decentralized exchange that looks and feels like a centralized exchange. They have developed a unique algorithm that precisely integrates liquidity from both order book and AMM pool. This ‘Integrated Liquidity’ will always provide Takers with the best execution price by automatically matching orders from either the order book or the AMM pool. MyTrade V2 also introduces a unique Limit Order Mining feature which will significantly increase professional Market Maker’s capital efficiency.
MyTrade V2 can be deployed on all EVM-compatible chains and has just launched on Moonbeam.
