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Drake

Drake  

48 Watchlists

DeFi

Status

IDO

TBA

Raising

$ 1.00M

General Info

Funds and Backers

Description

Drake Exchange is a decentralized perpetual exchange on the Monad network.

Latest IDO

1

IDO

TBA

RaisingN/A

Price:

-

Platform:

N/A

Airdrop is Live

Status:

Potential

Potential

Task Type:

Bounty Platforms

+3

What is Drake?

Drake Exchange is a decentralized perpetual exchange on the Monad network. It combines elements of centralized exchanges (CEX) and decentralized finance (DeFi) using a model that integrates a full limit order book with a pricing, matching, and order routing engine that operates entirely on the blockchain. Additionally, Drake incorporates backstop Automated Market Maker (AMM) liquidity, which enhances market depth and price execution. This setup allows for quicker listing of new markets without requiring the involvement of traditional market makers.

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