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.
Solana's largest decentralized exchange unveils new swap feature, promises lowest prices for traders