What You Need to Know
- Hybrid crypto exchange GRVT has unveiled retail price improvement orders, merging a classic market feature into the decentralized finance realm.
- This feature offers retail users enhanced execution prices seamlessly and transparently, allowing them to maintain control over their capital.
- GRVT’s mechanism pairs retail traders with non-algorithmic traders, promoting fair trading practices and providing a balanced trading environment.
A licensed hybrid crypto exchange, GRVT has rolled out retail price improvement orders on its platform, marking a pioneering step in integrating established traditional market features with decentralized finance.
The new offering is accessible through GRVT’s web and mobile platforms, offering users execution prices that better the public order book rates.
The trading process is automated: Upon initiating a transaction, the system seeks improved pricing behind the scenes. If better prices are identified, orders are executed at these new rates while allowing users to retain oversight of their funds.
Furthermore, retail orders are match solely with non-algorithmic trader orders to uphold fairness and create a balanced trading atmosphere.
“RPI is more than just a new order type; it signifies a substantial advancement for the DeFi ecosystem. By providing better prices to retail traders without reliance on third-party trusts, GRVT is demonstrating that self-custody and improved execution can coexist. This enhancement provides traders with significant advantages while preserving DeFi’s core values,” said Hong Yea, Co-founder and CEO of GRVT.
GRVT blends off-chain order matching with on-chain settlements, offering a decentralized finance experience that’s on par with centralized exchange efficiency.
The exchange is also holding a “tap and trade” competition on its web and Android applications, letting traders test the RPI feature in a live setting.
Retail price enhancements have been a fixture on Wall Street since the early 2000s, with initiatives like the NYSE’s Retail Liquidity Program reportedly saving billions for retail investors.
