System and method for execution of limit trades on decentralized exchanges
OwnerFabrizio Fantini, Joel Maynard Ward +1inventors
InventorsFabrizio Fantini, Joel Maynard Ward, Marco Manzi
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OwnerFabrizio Fantini, Joel Maynard Ward +1inventors
InventorsFabrizio Fantini, Joel Maynard Ward, Marco Manzi
Estimating the term…
A system for execution of limit trades on decentralized exchanges comprising a computer service system configured for receiving from a client device a limit order for swapping a desired quantity of a first digital asset for a second digital asset at a desired target price. A smart contract on a blockchain network is then generated corresponding to the order. By depositing the desired quantity of the first digital asset the smart contracts creates a single-sided liquidity pool on the blockchain network. For real-time monitoring of price feeds the smart contract interacts with a decentralized oracle system. On finding one or more matches for the swapping at said target price the position is filled using liquidity pool. User receives the exact number of the second digital asset which the user wanted at the target price in exchange of the first digital asset without any price impact, liquidity fee or slippage.
A system for execution of limit trades on decentralized exchanges, said system comprising:
A method for execution of limit trades on decentralized exchanges, said method comprising:
Dependencies are inferred from the claim text.