
Convergence RFQ
25 Watchlists
DeFi
Status
What is Convergence RFQ?
Convergence RFQ is an on-chain crypto trading platform that will support both spot and derivatives.
RFQ, short for request for quote, is a method where buyers request price quotes from sellers. This method differs from the central limit order book approach used by centralized exchanges and the automated market maker method used by decentralized exchanges. In CLOB, buyers and sellers place orders at specific prices, and trades are executed when matching orders meet. AMM, on the other hand, is an algorithmic system that facilitates peer-to-peer trading by automatically adjusting asset prices in response to fluctuations in supply and demand.
Trending Coins and Tokens 
- 1230

PUP
500
PUP
$ 0.003756
0.34% - 427

Katana
KAT
$ 0.01846
71.8% - 169

USD.AI
CHIP
$ 0.09419
9.60% - 283

Spark
SPK
$ 0.0453
27.2% - 611

StakeStone
STO
$ 0.1132
33.3% - 601

Moonriver
MOVR
$ 2.29
26.2% - 352

OpenGradient
OPG
$ 0.3256
14.6%