on @0x_yash21 post where he asked what dex on monad we're betting on, noticed some of us are confused on the difference between spot dex, perp dex and dex aggregator so i drafted some differences to help us in the understanding of the differences between the different types > definition spot: platform for instant crypto trades at current market prices using liquidity pools or order books. perp: platform for trading perpetual futures contracts with leverage, allowing speculation on price movements. aggregator: tool that aggregates liquidity from multiple dexes (spot and perp) to optimize trade prices and execution. > trading mechanism spot: trades token pairs directly (e.g., ETH/USDC) with immediate settlement. perp: trades perpetual contracts (e.g., ETH-PERP) with leverage, no physical delivery, using funding rates to balance positions. aggregator: routes trades across spot and perp dexes for best prices, splitting orders to reduce slippage. > liquidity source spot: uses own liquidity pools or order books on Monad. perp: relies on liquidity from margin pools or virtual AMMs, often with market maker incentives. aggregator: sources liquidity from multiple Monad-based dexes and cross-chain platforms. > purpose spot: for direct token swapping and holding. perp: for leveraged trading and hedging without owning the asset. aggregator: for optimizing trade execution across dexes. > cross-chain spot: typically monad-only unless bridged. perp: usually single-chain but may integrate cross-chain assets. aggregator: Supports cross-chain swaps via bridges or protocols. so here goes the question again, which spot, perp and aggregator on monad are you betting on?
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