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Do I need my own pool to create a DEX on Sui?
I'm working on creating a decentralized exchange (DEX) and wondering if it's necessary to create my own liquidity pool, or can I utilize another DEX's pool? I'm considering building on Sui using DeepBook and looking for some guidance.
- Sui
Answers
1If you're building a DEX on Sui using DeepBook, you can either create your own liquidity pool or leverage DeepBook’s decentralized central limit order book (CLOB) model. With DeepBook, there’s no need for traditional liquidity pools, users place bids and asks, and the system automatically matches buyers and sellers. You can find more information about this in their documentation: https://docs.sui.io/standards/deepbook
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Sui is a Layer 1 protocol blockchain designed as the first internet-scale programmable blockchain platform.