What is ULTRADE
ULTRADE brings the most significant advancement in crypto trading to the market since CEXs and DEXs were invented.
NATIVE EXCHANGES (NEXs) - the Trading 3.0 technology.
Centralized Exchanges (CEXs) have been around since the early days of Bitcoin and are considered the Trading 1.0 technology. They are still the most used technology for trading and have significant downsides and risk for traders because they require the user to give up control over their coins and tokens in order to trade (custodial trading).
DEXs have been around for several years and are considered the Trading 2.0 technology which brought the ability to trade without giving up control of coins (non-custodial trading). DEXs have only managed to capture about 10% of market trading volumes and have significant drawbacks as well, such as reduced ability to control trade pricing, MEV attacks, slippage, clunky crosschain functionality, bridge-related risks for crosschain swaps and more.
ULTRADE's Trading 3.0 brings new technology to the market called Native Exchanges (NEXs).
A NEX enables Bridgeless Crosschain Orderbook trading with unified orderbook liquidity across 12+ blockchains with non-custodial asset deposits and native wallets, yet completely without bridged (wrapped) assets.
Deposit and withdraw any asset from any chain natively without bridging wrapped assets,
Manage limit/market orders on an orderbook with a single wallet from any chain to trade ANY TOKEN FROM ANY CHAIN,
Always keep control and custody over assets,
No gas costs for trading. Use a wallet from any supported chain. No gas tokens needed.
Liquidity is unified across all chains,
No MEV attacks,
No slippage.
“ULTRADE is what CEXs should have been, and what AMM DEXs couldn’t be”
Orderbook Trading:
Unlike AMM Swaps, ULTRADE’s orderbook provides p2p limit and market orders with Taker/Maker orders and pricing.
“Orderbooks are the most used form of trading both in TradFi and in Crypto. Orderbooks provide significant advantages for traders, such as:
Price Discovery: Order books provide transparent and dynamic pricing based on supply and demand. Traders can see the depth of the market, with visible bid and ask prices, allowing for more informed decision-making.
Control Over Orders: Traders have more control over their trades, like setting specific prices (limit orders) or executing at the best available price (market orders).”
Crosschain:
Unlike basic orderbook DEXs in the market, ULTRADE enables trading across 12+ blockchains with a limit order book (CLOB), with shared liquidity across all chains.
ULTRADE supports Ethereum, Solana, Polygon, Arbitrum, BNB, Avalanche, Optimism, Base, Algorand, and plans to add additional chains such as Sui, Near and native Bitcoin.
Self-Custody:
Unlike Centralized exchanges that require users to give up control of assets when they deposit into the exchange to trade, ULTRADE is a non-custodial exchange where users deposit assets into a smart contract and are always in control of their funds.
Bridgeless:
Typical orderbook dexs can only enable trading on the specific chain they are built for. To trade an asset from another chain, users must first bridge the asset from its origin chain to the chain on which the dex is built, then deposit the asset to trade. This bridging creates a wrapped asset and, since each bridge has its own wrapped asset, only a wrapped version that is actually listed on the dex can be traded, so users must use that specific bridge. It is a flawed process with very high friction, making it impractical and exposing users to bridging security risks.
ULTRADE does not require any wrapped asset bridging. Users can deposit native assets from any of the 12+ chains supported by the platform and trade them natively and seamlessly. Pairs such as SOL/ETH are as simple and seamless to create and trade as they would be on a CEX.
Whitelabel DeFi-as-a-Service Infrastructure:
Beyond the NEX trading technology innovation, ULTRADE brings another massive innovation to the market with “Whitelabel Trading” infrastructure that finally puts ownership of crypto trading services and token listings back where it belongs - in the hands of Projects, Builders and Communities.
ULTRADE puts Trading 3.0 technology directly in the hands of those who are actually building and contributing to the world of Crypto and Web3, enabling anyone to launch a branded version of ULTRADE’s Native Exchange technology in 10 minutes without any development and zero cost.
Think of it as the “Amazon AWS” or “Shopify” of crypto trading.
A Native Exchange (NEX) can be launched by anyone as their own branded whitelabel of the entire crosschain trading platform, enabling them to provide trading services to their users, set their own trading fees, collect trading fees as a new revenue stream, and most importantly list their own tokens for trading. This infrastructure works as a network of exchanges with shared liquidity across all chains and all partners.
In todays’ market, tokenized projects are beholden to centralized exchanges for token listings. Not only do projects have to pay a lot of money to CEXs to get listed (often hundreds of thousands of dollars), but in the end, they even have to send their own users to those CEXs to buy or trade their own token. This means projects also lose retention of users and miss out on trading fees.
ULTRADE’s DeFi-as-a-Service infrastructure provides an alternative where projects can launch their own trading platform and self-list their token for trading (as well as any other token in the network), and even gain co-listings from other partners in the network.
Provide branded crosschain orderbook trading services
List any markets
Self-List their own token for trading
Set trading fees
Earn trading fees
Gain additional utility for their own token
Deploy market making directly from the platform
All completely self-served, without any development and at no cost.
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