Architectural Overview
Vibe’s Intent-Based Architecture, Powered by Symmio
Transforming the Traditional RFQ Process
In conventional Request for Quote (RFQ) systems, traders often waste time searching for quotes. Vibe overcomes this pain point by streaming real-time quotes, ensuring traders can immediately see the best available offers.
Introducing: Vibe Trading’s Automatic Market for Quotations (AMFQ) Exchange
This innovative model brings unparalleled efficiency to on-chain trading, simplifying the user experience and boosting overall market liquidity
How It Works
Trade Intention Traders define their goal (e.g., “Long 1 BTC with 10x leverage”) through Vibe.
Solver’s Offer Solvers - acting as market makers - present real-time offers, detailing price, slippage, fees, and more. This process is fully automated, requiring no upfront capital commitment from solvers.
Choosing to Execute Traders receive the best possible quote on the spot and can opt to execute immediately, bypassing the time-consuming bid evaluation often associated with traditional RFQ.
On-Chain Execution
Request to Trade When a trader accepts an offer, they send a “Request to Trade” to the solver, locking in their collateral.
Solver Acceptance The solver reviews the request and, if everything checks out, deposits their collateral. This step establishes a bilateral agreement between both parties.
Perpetual Bilateral Agreement The position remains active until the trader closes it or until one of the parties is subject to liquidation - ensuring a balanced, isolated contract throughout the trade’s lifecycle.
Hedging and Position Management
Off-Chain Hedging Solvers manage their exposure independently, hedging through various external sources - such as centralized or decentralized exchanges, or options markets. Since these actions occur off-chain, solvers have full control over their strategies without any on-chain constraints.
A Revolution in On-Chain Derivatives
Vibe’s intent-based architecture represents a true paradigm shift for on-chain derivatives. By fusing advanced innovation and streamlined design, it resolves longstanding liquidity and security hurdles faced by other platforms. The result is a more liquid, secure, and efficient future for on-chain trading - one where both traders and solvers can thrive.
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