Orderbook Market
Last updated
Last updated
The order book market allows users to make buy or sell orders for inscription assets. Each time a user makes an order, a new order will be created for them. Orders are not merged even if the prices are the same; instead, they are arranged in chronological order to ensure fairness in trading. When users take orders, they can only do so in price order and cannot skip orders ahead of them. To make trading more efficient, users are allowed to sweep multiple orders at once. This is the functionality we have implemented so far.
We are currently developing a feature called trading mining, which is an incentive mechanism to promote market trading. It allows users to earn additional income through regular trading, such as receiving platform tokens based on their trading volume ratio. However, the final details of the incentives are yet to be determined and will be announced officially later.