Tegro
Tegro operates a Gen2 order book DEX that enables high-frequency trading directly on-chain with gasless quotes and MEV-resistant trades.
Services
Tegro operates a Gen2 order book Decentralized Exchange (DEX) which supports high-frequency trading directly on-chain. This enables traders to manage positions without gas fees through its gasless quotes feature. The DEX also supports custody-less trading, allowing users to trade directly from their wallets, eliminating the need for deposits into the platform. Furthermore, Tegro ensures that trades are resistant to miner extractable value (MEV), thereby protecting users from bots and predatory practices.
Technology and Platform
Tegro's platform is powered by a lightning-fast matching engine capable of settling up to 500,000 trades per second, making it suitable for high-frequency trading. The base blockchain used by Tegro is a Layer 2 solution on the Ethereum blockchain that employs Optimism's OP Stack technology. This enhances scalability and reduces transaction costs, contributing to the platform's efficiency and cost-effectiveness. Tegro also utilizes trade roll-ups, which can save traders up to 3X on gas compared to other DEXs.
API Access
Tegro provides API access that is comparable to major centralized exchanges (CeFi) like Binance and Coinbase. This API access enables integration with CeFi algorithmic strategies, making it easier for traders and developers to implement and execute automated trading strategies on the platform. The sophisticated API infrastructure supports the seamless deployment and management of trading bots and other trading tools.
Gas Savings
One of Tegro's standout features is its approach to gas savings. By offering gasless quotes, Tegro allows traders to manage their positions without incurring gas fees. Additionally, the platform's use of trade roll-ups can lead to gas savings of up to three times compared to other decentralized exchanges. This makes the platform more accessible and cost-effective for frequent traders and those with smaller trading volumes.
Security and Risk Mitigation
Tegro prioritizes the security and fairness of its trading environment. The platform's MEV-resistant mechanisms protect users from malicious bots and predatory activities that can occur during trade execution. By ensuring trades are less susceptible to miner extractable value exploitation, Tegro aims to provide a transparent and secure trading experience. This focus on safeguarding user transactions underpins the platform's commitment to maintaining a trustworthy ecosystem.