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1) It's taken a huge effort from dozens of developers, designers, project managers, and community members; but things are coming together: I'm excited to say that the first trade on the Serum DEX will print this week.

@ProjectSerum

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SBF

@SBF_FTX

Aug 11, 2020

2) It won't be a full product, or a perfect DEX: we're still hooking up GUIs and wallets and APIs and docs. And the cross-chain bridges, tokenized products, etc. will roll out over the next few months. But we've been focused on releasing a usable product. It's almost here.

SBF

@SBF_FTX

Aug 11, 2020

3) And it won't just be a random product: it will be a fast, fully on-chain DEX, even if it's just command line for now. For those interested, here's a past prototype on the testnet: explorer.solana.com/address/9o1Fis (Isn't an exchange so different without a GUI?)

SBF

@SBF_FTX

Aug 11, 2020

4) This doesn't mean there isn't a GUI, it just isn't fully hooked up yet. But here's a sneak peak:

Replying to

and

Limit orders at launch? Any chance of stops?

SBF

@SBF_FTX

Replying to

@Matt_Harvey

*mostly* doable. One tricky thing: blockchains are really bad at doing things of their own accord, they usually need to be poked, which makes stops tricky.

7:40 AM · Aug 11, 2020Twitter Web App

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