Trader Joe, a major cryptocurrency exchange platform, has unveiled its Liquidity Book V2.1 platform loaded with new features. These features such as Autopools, sJOE fee sharing and swap instructions are intended to help customers increase liquidity and capital efficiency, while reducing gas and transaction costs. Autopools enables automatic liquidity strategy execution on the Liquidity Book platform, so users who don't wish to manage their liquidity holdings can instead use Autopools. The Autopool feature also allows users to deposit tokens into the pool and obtain a token receipt to be used in other DeFi operations such as a Yield Farm, collateralization, and leverage. Additionally, the platform will offer fee sharing on each chain limited to the Liquidity Book pools and a reduction of gas costs by 30-40%.

Swap instructions will allow users to buy and sell tokens at predetermined prices across all Liquidity Book markets, acting as a ‘Maker’ type liquidity order. This capability increases liquidity and capital efficiency since users can input tokens into a Liquidity Book pool for withdrawal if the desired price is achieved.

This new platform is Trader Joe's most recent success as it has risen to the top five DEXs by trading volume and, in partnership with Arbitrum, achieved incredible growth in liquidity and capital efficiency. The sophisticated technology is aimed to be easily accessible and affordable as the platform has made reduction of gas and transaction costs, as well as fee sharing available on each chain.

cAlthough Liquidity Book V2.1 will be gradually rolled out over the next several weeks and users are urged to upgrade their holdings to V2.1 as soon as possible. All the new features are sure to make the Liquidity Book platform the premier DEX, so be sure to stay updated for the latest and greatest in Trade Joe's newest improvements.



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