In the blockchain ecosystem, DeFi has well and truly established itself as a serious development and swap tokens on the AMM DEX have become very convenient for many investors. However, when investors want to set the Buy/Sell limits, it’s normally difficult for apps to respond quickly to the rapid changes in the market price.
Tonic DEX solves this problem.
DePocket has now integrated Tonic DEX and their features into its dashboard. This will continue to help users, on all sides, check their balances better for any wallet.
What makes Tonic become special?
Tonic DEX (TONIC) is an orderbook decentralized exchange, built on NEAR’s Layer 1 solution. The goal of the project is to make transactions of any asset on NEAR, and Aurora, faster and more seamless. This makes it easier to buy and sell any NEAR token with lower fees, deep liquidity, and accurate pricing. In particular, for those of you who are not clear, an orderbook is a type of floor with a ‘buy n sell’ order book similar to the current centralized exchanges.
Some salient features of the Tonic DEX project include:
- Low Fees: With fees on NEAR being 100x cheaper than Ethereum, trading on-chain is cost effective.
- Lightning Fast: Have trades confirmed in a second with the NEAR protocol’s fast block times and NEAR instant finality.
- Open Platform: Anyone can build trading on top of Tonic, with our easy to use SDK and developer tools.
- Secure and Reliable: Transactions are executed via the NEAR protocol, a robust and secure L1 with support for sharding.
Users can now track Tonic balances on DePocket App
DePocket is integrating more dApps from NEAR into its dashboard. We believe this will bring additional benefits and convenience to our investors. Users can now track their balances without connecting wallets. In addition, users can follow the hottest watchlists or create their own whale watchlists. This is extremely useful for making the right investment decisions.
Get into DePocket and try our demo wallet here: https://app.depocket.com/address/lymm.near
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