Unlike traditional liquidity pool lending models, the new generation of DeFi protocols adopts a Central Limit Order Book (CLOB) architecture. This design makes interest rate discovery continuously transparent, allowing users to express their risk preferences in a more refined way, and liquidity is truly unified. In simple terms, it mimics the operational logic of real-world credit markets—rather than forcing all participants into a simplified standardized framework. As a result, market information is more comprehensive, matching between trading counterparts is more flexible, and there are many more dimensions for risk management.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
MissingSatsvip
· 5h ago
CLOB sounds good, but how many can actually survive and run smoothly? It still depends on the actual trading depth.
View OriginalReply0
Gm_Gn_Merchantvip
· 5h ago
CLOB is indeed much more visually appealing than liquidity pools, finally no longer stuck by the framework.
View OriginalReply0
EternalMinervip
· 6h ago
CLOB sounds really impressive, but can it really hold up during a bear market?
View OriginalReply0
JustAnotherWalletvip
· 6h ago
CLOB this gameplay is indeed much more aggressive than the liquidity pool approach. Finally, someone has made on-chain lending feel like a real market.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)