Tagged articles

order book

3 articles · Page 1 of 1

Aug 14, 2025 · Industry Insights

Where Does the $100 Spread Go? Unveiling Price‑Time Priority in Crypto Exchanges

This article explains how modern cryptocurrency exchanges use the price‑time priority rule to match orders, returning any price improvement to the active trader rather than pocketing the spread, and outlines the primary revenue streams that keep exchanges profitable.

cryptocurrencyexchange mechanicsmatching engine

0 likes · 7 min read

Where Does the $100 Spread Go? Unveiling Price‑Time Priority in Crypto Exchanges

Ops Development & AI Practice

Aug 2, 2025 · Industry Insights

Mastering Hyperliquid: A Step‑by‑Step Walkthrough of Its Trading Interface

This guide walks beginners through Hyperliquid’s decentralized derivatives platform, covering wallet connection, USDC funding, detailed UI components like candlestick and volume charts, order book, trading controls, account overview, and practical tips to confidently place trades.

DEXGuideHyperliquid

0 likes · 8 min read

Mastering Hyperliquid: A Step‑by‑Step Walkthrough of Its Trading Interface

Ops Development & AI Practice

Jul 23, 2025 · Industry Insights

Why AMMs Overtook Order‑Book DEXs: A Deep Dive into DeFi Liquidity Evolution

This article examines the technical evolution from traditional order‑book decentralized exchanges to automated market makers, comparing their mechanisms, advantages, challenges, and the emerging hybrid models that shape the future of DeFi liquidity.

AMMDEXDeFi

0 likes · 9 min read

Why AMMs Overtook Order‑Book DEXs: A Deep Dive into DeFi Liquidity Evolution