If both are decentralized contract platforms, why do some use order books while others use pools?
In the pool model, liquidity providers act as counterparties to traders: when traders profit overall, the pool loses; when traders lose overall, the pool profits.
On a perpetuals DEX, users can trade perpetual contracts simply by connecting their wallets, with margin and P&L settled according to on-chain rules.
Knowledge won't make me rich overnight, but it can help me pay less in tuition.
Don't place trades just because everyone else is doing it.
$HYPE 86.01（-2.41%）
In the pool model, liquidity providers act as counterparties to traders: when traders profit overall, the pool loses; when traders lose overall, the pool profits.
On a perpetuals DEX, users can trade perpetual contracts simply by connecting their wallets, with margin and P&L settled according to on-chain rules.
Knowledge won't make me rich overnight, but it can help me pay less in tuition.
Don't place trades just because everyone else is doing it.
$HYPE 86.01（-2.41%）