(https://miro.medium.com/max/512/0*rUlNYGd9FicU7i8B)
What is SEA Protocol?
An ultimate exchange onchain, currently being developed on the Aptos & Sui blockchain. Sea protocol leverages the hyper parallelization of Aptos/Sui to bring incredible speed, reliability, and cost-effectiveness to decentralized trading.
permissionless
No KYC
Anti-censorship
hybird of order-book and AMM
spot market, perp market, forex market, synthetic markets
with limit order, market order, post-only order suport
with IOC, FOK order support
grid order
trading is mining. we will incentivize both traders and LPs
trade any asset, anywhere, anytime
market infrastructure
Where We’re Going
Currently, we are still under heavy development.
We will focus on the APTOS chain in the short term.
The process is following:
Contract. The contract part is almost done, we need more tests;
SDK. The typescript/javascript SDK is on the way, maybe released next week;
UI/UX part is in design.
We hope we can launch the first usable version next month.
the long term, we will be an appchain. why?
place orders, and cancel orders with 0 gas is very important for perpetual market, 0 gas is not possible in L1s;
Aptos/Sui is fast, but not fast enough. We need more than 10,000 TPS for trading in many markets, including spot, perpetual, forex, and synthetic markets sovereignty. With sovereignty, our token can get more value.(https://miro.medium.com/max/1400/1*FdYtWWGKwk4vpcXX6-P8IQ.png)
How do I join the bounty and get a role?
Join Discord — https://discord.gg/pBBbUPfzBb
Join Bounty — https://seadex.crew3.xyz/invite/tV5hCVAqJsmvGw6GsWOyB
Perform daily tasks on the platform!
Join our trolley so you don’t miss any updates — https://t.me/testnet_guide