Every dex that tried it with order books had awful order books. Liquidity pools are what’s up. The interface can be improved but the mechanisms are truly onto something.
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I love everything except that it is on Solana. Instead, you could've opted for the Ethereum chain and an L2 or alternative options like BC/BSC
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Nice things about Solana:
1) way more scaling than those
2) full L1, so you can have composability etc. on it
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#BSC is 15 times more scalable than Ethereum and that's about the best you can do with a reasonably decentralized L1.
@Binance_DEX is capable of doing 1000+TPS but the validators have to be hosted in a centralized location.
Amdahl's law dictates. You just can't have both.
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Things are really parallelizable
Sharding / Layer 2s / DAGs are making good use of parallelism, but as soon as you need any type of global consensus on something, you just can't avoid that slowest part of the system standing in your way.
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That's true in CeFi too though -- and it mostly seems to get on ok
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