βοΈArchitectural Overview
Vibe Trading's Innovative Intent-Based Architecture powered by Symmio
The Traditional RFQ Process Transformed
The old-school Request for Quote (RFQ) process can be painful, forcing traders to manually hunt down quotes for their trades. But Vibe Trading turns this on its head by streaming quotes in real-time, so traders always see the best available offers.
Introducing: Vibe Trading's Automatic Market for Quotations (AMFQ) exchange, making on-chain trading smoother and more efficient than ever.
How It Works:
Trade Intention: Traders specify what they want to do (e.g., long 1 BTC with 10x leverage) on Vibe.
Solver's Offer: Solvers (market makers) send real-time offers through Vibe, laying out the trade conditions (price, slippage, fees, etc.). This step is automated and requires no upfront capital commitment.
Choosing to Execute: Traders instantly get the best quote and can execute right away, skipping the complex bid evaluation process of traditional RFQ systems.
On-Chain Execution:
Request to Trade: Once the trader accepts the conditions, they send a "Request to Trade" to the solver, locking in their collateral.
Solver Acceptance: The solver checks the request and, if all looks good, deposits their collateral, forming a bilateral agreement.
Perpetual Bilateral Agreement: The trade stays active until the trader closes it or one of the parties is liquidated, ensuring a symmetrical and isolated contract.
Hedging and Position Management:
Off-Chain Hedging: Solvers can hedge their exposure through various sources like CEXs, other DEXs, or even non-linear options. This step happens off-chain, leaving solvers in charge of their own strategies.
Vibe Tradingβs Revolution in On-Chain Derivatives
Vibe Tradingβs architecture isnβt just an evolution; itβs a revolution in on-chain derivatives trading. With a blend of innovation and intent-based architecture, Vibe addresses the liquidity and security challenges of existing platforms, paving the way for a more liquid, secure, and efficient on-chain trading future.
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