Announcing Hawk Dex
Up until now, users have been happy with AMM style trading in DeFi. AMMs offer a large amount of benefits over central limit order books (CLOB) when blockchain transactions are expensive and slow. With the adoption of 0xPolygon as a layer 2 scaling solution to Ethereum, we not have the chance to build an old (but new) DeFi primitive in the form of a CLOB. This is because 0xPolygon network will be able to handle the transaction volume needed to market make and trade on a order book. Hawk Dex will be the first community owned decentralized CLOB on 0xPolygon.