Was wondering about that when I saw it. Does it use liquidity by routing through some other DEX or how does this work?
Monero
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
Hi,
We are just gonna post a more detailed update. In other news, AllArk now has its own L1 Dex on ETH with fully auditable Smart contracts. :)
Tommy from AllArk
What differentiates this from any other Ethereum dex like Uniswap?
They don't have liquidity. :)
Tommy from AllArk
Uniswap had over $2 billion in volume in the last 24 hours.
And how much of that is in the XMR USDT liquidity pair? :)
We've done our homework. If you'd just like to be argumentative we will respectfully withdraw. We have time to build not convince. If you don't get it, we don't have time to explain.
Regards The AllArk Team
Are you doing a wrapped XMR? You can't trade native XMR on Ethereum.
Yep :)