una novedad sobre exchanges, los FEX
FEX ( Fully Encrypted Exchange)
Introducing
Enclave Markets, which innovatively combines the advantages of crypto and advantages of trustless technologies with the use of bridges. This technology was invented at
Ava Labs, but Enclave is now an independent spinoff.
Confidential CLOB: Your orders, positions and stop-loss orders are all confidential. Buy and sell orders come in and they kind of sit there, and there is a cross operation that’s performed where the matching orders are matched all at once, and you get your tokens back.
Non-Custodial: The system administrators behind the Enclave Markets don’t have access to the private keys. They are held in special hardware, and even citizens cannot access those keys.
Free from MEV: Enclave Markets cannot and will not front-run and will not allow anybody else to come in between your order and its execution. The smart contract executes one tras*action at a time, and as the tras*action comes in, it comes in encrypted. It’s decrypted, and as soon as it’s decrypted, atomically it’s executed.
No slippage: Enclave Cross, all of the orders are market orders, and they come in, and if there is a match, your order is executed without impacting the market price. Even in the case of billions of dollars of cryptocurrency trading, the market price remains unaffected, allowing institutional investors to trade large volumes without affecting the price.
Thanks to Enclave Cross, you can also execute your very large volume of buy and sell orders without anyone knowing. In other types of exchanges, when you enter put huge orders in the order book, other orders will definitely come before you, or the market will react to it.