FAQ

Is DeepSwap a CEX or DEX? - DeepSwap works in a completely unique way, using a combination of blockchain (decentralized) and the latest hardware-secured execution (centralized), as well as external verification to ensure that no one, not even the platform itself, has an informational or functional advantage. over anyone else. How does DeepSwap protect against sandwich attacks? - All trades on DeepSwap are encrypted on our hardware layer and private (even from us!) until they reach the order book. This removes any ability to create adverse selection due to informational asymmetry. We also utilize off-chain pricing which eliminates price discovery from a sequential order of transactions. How does Deepswap guarantee self-custody? - DeepSwap extends the benefits of self custody by combining the use of smart contracts with confidential computing. Through use of existing blockchain public-key encryption infrastructure and nodes deployed into secure enclaves, users can safely deposit and withdraw assets into ‘vaults’ and execute financial transactions. These actions are strictly initiated by the user or a system(s) they have given permission to act on their behalf. How does DeepSwap RFQ pricing work? - All RFQ trades are priced using oracles: when a user provides a token quantity in our trading interface, a quote is generated by taking a weighted average of current prices. What are the fees? - See the fees section. Where can I check my staked DLP (DEP Liquidity Provider) tokens value? -https://zapper.fi/ -https://debank.com/ -https://apy.vision/ How do I create a market? -To create a market, you need to add a new pair. If you want to add, say $DEUS and $DEA, or $ETH and $INV, you can do that through the UI, by clicking +Create a new market, and finding the tokens you want to pair. Although you don’t have to add liquidity to create the pair, someone will need to add liquidity to borrow from the pair. Because of the elastic interest rate, markets that are underutilized will be less liquid, and vice versa. What are the benefits of using token markets? - The benefits of using token markets are similar to the benefits of using Automated Market Makers (AMMs). Token markets create a more open market that is customizable. More specifically, the use of token markets gives users the ability to calculate and undertake risk for themselves. The ability to calculate and undertake these risks opens up a new space of game theory to be explored; a user can, for instance, increase their borrow rate if they add newer tokens, because token markets containing newer tokens will generally be borrowed more, but when they do this, they also increase their risk, because newer tokens have a higher rate of default. On the other hand, if a user lends more battle-tested forms of collateral, the interest rate will be lower, but less risky.