TurboDex Protocol Whitepaper
  • 📖Abstract
  • 🏦Introduction - The Problem
  • 🏔️TurboDex - The Solution
  • 👥Users
    • Retail Users
    • Automated Traders
    • DeFi Natives
    • Multiple UI Approach
  • 🗺️Product Roadmap
    • 🔨Example Use Cases
      • Basis Trade vs Interest Rate Arbitrage
      • Integrating AMMs w/Orderbooks
    • 🚀Future R+D - MVP and Beyond
  • ⚖️Governance
  • 🪙Tokenomics
    • xTDX/voTDX
  • Conclusion
  • 🔍Appendix (Health🏥)
  • 🌎Community (links)
  • 🏔️About
  • ❓FAQs
    • What do I need to start trading on TurboDEX?
    • Do I control my assets?
    • What can I do on TurboDEX?
    • Are my assets safe?
    • What deposits/collateral does TurboDEX accept?
    • How do I (automatically) earn interest after depositing assets?
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  1. Users

Automated Traders

Market Makers, Institutions & Advanced Automated Traders

Institutional traders predominantly rely on automated transactions, driving significant trading volumes and active engagement in liquidity provision. Centralized Exchanges (CEXs) have catered to these professional users by offering crucial elements for effective operation:

  1. Ease of Connection: CEXs typically provide Application Programming Interfaces (APIs) and Software Development Kits (SDKs) for seamless integration, making it easy for institutional traders to connect and interact with the exchange.

  2. Capital Efficiency: CEXs offer risk models that empower institutional traders to optimize the utilization of their trading capital, enabling them to generate returns and capitalize on market inefficiencies effectively.

  3. Low-Cost Trading and MEV Protection: A combination of low trading fees and gas fees, along with protection against front-running and a fair trading environment, is vital for institutional traders to operate with confidence.

TurboDEX aims to not only replicate but enhance this institutional trading experience by optimizing developer tools, smart contract design, and blockchain ecosystem selection. Key features include:

  • TurboDEX SDK: This toolkit empowers users to effortlessly build software that communicates with the exchange, supporting the development of advanced trading algorithms to foster deep liquidity.

  • TurboDEX Risk Engine: Integrating spot and perpetual markets with a money market, this engine enhances capital efficiency. It is calibrated to enable traders to take advantage of cross-margining while safeguarding the ecosystem from excessive or irresponsible risk-taking.

  • Blockchain Selection: TurboDEX will be built on Ethereum, the blockchain with the highest Total Value Locked (TVL) and potential for increased throughput and reduced fees. The design ensures that the sequencer does not exploit network participants through Miner Extractable Value (MEV) manipulation, maintaining fairness.

By focusing on these aspects, TurboDEX aims to provide institutional traders with an improved trading environment that balances efficiency, cost-effectiveness, and security on the Ethereum blockchain.

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Last updated 8 months ago

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