Brothers, let's talk about the technical bottlenecks of DeFi.
Why is the current on-chain trading (DEX) experience far inferior to Binance (CEX)?
High slippage, cannot place limit orders, often being sandwiched by bots and losing everything...
The root cause is that due to Gas fees, the current public chains can only run cumbersome models like AMM (Automated Market Maker).
Just think about it, if you want to do an 'order book' on-chain (like Binance):
You place an order, you have to pay Gas; if you think the market is wrong and want to cancel the order, you have to pay Gas again.
Market makers need to adjust hundreds of quotes every minute, just the Gas fees would bankrupt them.
This is the fundamental reason why on-chain has never had true 'professional-level trading'.
And Plasma (XPL) is breaking this curse.
1. 0 Gas = Revival of on-chain order books (CLOB).
Because interactions on Plasma are gas-free, market makers can place, cancel, and modify orders at zero cost.
This means that future Plasma DEX will look exactly like Binance:
K-line is smooth, the depth of buy and sell is excellent, you can place limit orders to catch the bottom without staring at the screen to buy manually.
This directly elevates the trading experience of DeFi from the 'primitive society' to 'modern civilization'.
2. Farewell to MEV (Maximum Extractable Value).
On Ethereum, miners can see your transactions and then queue jump to earn your money (sandwich bots).
Under the Plasma BFT mechanism, combined with rapid confirmation and zero Gas, sandwich bots lose their economic motivation and time window for malicious actions.
Every trade you make is fair. No front-running, no sandwiches.
3. The only path for Wall Street to enter.
Institutional funds (Smart Money) are accustomed to order book trading. They won't play with the high slippage of AMM.
Only when Plasma lays the infrastructure for 'on-chain order books' will real big funds be willing to migrate trading on-chain.
$XPL What is being paved is the highway of DeFi 2.0.
Conclusion:
AMM is the past of DeFi, while the order book (CLOB) is the future of DeFi.
Whoever can solve the issue of 'cancellation fees' will own the future.
Plasma has already provided the answer: free is the highest efficiency.
