Polygon Labs has announced a partnership with Manifold Trading to enhance liquidity management within its decentralized finance (DeFi) ecosystem. This collaboration aims to implement data-driven market-making strategies on major Polygon decentralized exchanges (DEXs), significantly reducing trading spreads from 50 basis points to 5 basis points. This reduction could save traders approximately $4,500 on a $1 million transaction, while ensuring continuous liquidity and price efficiency.
This initiative is part of Polygon's broader efforts to upgrade its infrastructure, including the AggLayer and the forthcoming gigagas update. These enhancements are designed to create a decentralized financial system that rivals traditional markets in terms of performance and transparency.
Polygon Partners with Manifold Trading to Enhance DeFi Liquidity
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