dFuture

In the traditional trading market, centralized exchanges have long been suspected of foul-play through their control of transaction data and non-transparent operations, including artificial price manipulation and creating fake coins. Decentralized exchanges like Uniswap have solved these problems to a certain extent, however, due to the characteristics of the AMM (Automated Market Maker) mechanism, both trading parties in the transaction still have certain risk exposures. For example, when trading volume is large, traders will face trading slippage far exceeding that of centralized exchanges and liquidity providers (LP) face the risk of impermanent losses. In order to solve this problem, we have proposed a new QCAMM (Quoted Price and Constant Sum Based Automated Market Maker) mechanism.