What is Elektrik?

Elektrik is a decentralized exchange (DEX) protocol that integrates with the Lightlink Network to facilitate peer-to-peer trading without intermediaries. It features an abstracted automated market maker (AMM) which supports advanced order types like iceberg, limit, and stop-loss orders, providing traders with enhanced control over their trading strategies. The protocol uses gasless rebalancing smart contracts to improve capital efficiency, minimize impermanent loss, and enhance returns for liquidity providers. Leveraging the speed and low cost of the Lightlink Network, Elektrik supports high-frequency and high-volume trading while keeping transaction fees low.