CandleFocus

Kamino Launches Beta of New Swap Feature Aimed at Enhancing Solana DEX Experience

Kamino, the largest decentralized exchange on Solana, is launching a new swap feature called Kamino Swap. This feature aims to address inefficiencies within the Solana exchange ecosystem, such as network congestion and slippage. Kamino Swap leverages real-time data from Pyth Network to offer low trading fees and competitive asset prices on Solana. It operates on an intents-based design, streamlining user experience and fostering competition among trading bots. Through partnerships and the integration of Pyth Network, Kamino Swap provides real-time pricing and plans to integrate more tokens in the future. The platform utilizes a limit book auction mechanism, allowing users to set a desired price range and earn tips in SOL from competing searchers. Overall, Kamino Swap is designed to enhance efficiency and competitiveness in decentralized trading on Solana.

Related News