What is Tangent? Tangent is a decentralized exchange built and developed on Curve Finance to provide trading services to users. Currently, Tangent is attracting the attention of many users, so why does Tangent have such appeal? Let’s find out together in the article below.
Tangent Overview
What is Tangent?
Tangent is a decentralized exchange built and developed on Curve Finance. In its first version, Tangent will build two types of tools including Perpetual Market Orders & Limit Orders. Tangent will use a pricing engine based on supply coming from Oracle instead of coming from liquidity pools like conventional AMMs.
Tangent is essentially a platform DEX according to the Orderbook model.
First, Perpetual Market Orders are an order priced at the market price that can be set for a fixed period of time or not. Eg:
- wBTC exchange with wETHat market prices.
- CVX exchange with FXSat market prices.
- USDT exchange with USDCat market prices.
- CRV exchange with CVXat market prices.
Next, Limit Orders are limit orders that are only executed when the asset is at a pre-set price. Transactions will not be executed when the asset’s price is higher or lower than the set price, for example:
- wBTC exchange with wETH price, according to market price, only if wBTC worth at least 30,000 USD.
Besides, Tangent allows trading many different types of assets in the same transaction. Eg:
- Users sell wETH for 50% DAI, 10% BTC, 20% USDT and 20% UNI.
Development Roadmap
Update…
Core Team
Update…
Investor
Update…
Tokenomics
Update…
Exchanges
Update…
Project Information Channel
- Website: Update…
- Documents: https://docs.tangent.cvg.finance/
- Twitter: Update…
Summary
Tangent is an extremely remarkable new generation DEX platform. Hopefully through this article everyone can understand more about what Tangent is?
