2025-12-11 10:34:16

THE FOUNDATION: CDA (Continuous Double Auction) 🏛️

You know what's legit? The same tech running the New York Stock Exchange. No middleman playing god with your prices. Just raw market forces at work.

Here's the deal: You throw out a bid. Someone counters with an ask. Prices match? Boom, trade executed. Simple as that.

It's basically an open warzone where buyers and sellers duke it out directly. The oldest school mechanism in trading. Still works like a charm.

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0xLuckbox

· 12-12 18:32

NGL, this mechanism is indeed absolute, but whether it can truly survive depends on whether there is sufficient liquidity to support it.

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GetRichLeek

· 12-11 11:01

Wow, isn't this the purest market mechanism? There really are no market makers messing around in the middle... I refuse to believe it.

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LootboxPhobia

· 12-11 10:58

Damn, that's why I still trust the underlying mechanisms of the exchange more than those flashy things.

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ProtocolRebel

· 12-11 10:55

NGL CDA is just moving old exchange relics onto the chain. The idea of bypassing middlemen sounds good, but in real trading, you can't beat algorithmic market making at all.

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TrustlessMaximalist

· 12-11 10:52

ngl, the double auction system is indeed hardcore, with no middlemen siphoning off profits in pure market battles

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DeFiGrayling

· 12-11 10:50

Basically, it's about moving the exchange model onto the blockchain. Without market makers profiting from the spread, that's what true market is.

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