Why Choose us

Bee Trade Finance Order book Architecture

Bee Trade Finance Orderbook consists of four core parts: Avalanche Network, Trusted Execution Environment, Orderbook Engine,Web3.0 and IPFS

Trusted Execution Environment (TEE)

Trusted Execution Environment (TEE) is a technology invented by Intel that allows modern CPUs to have..

IPFS or Interplanetary File System

IPFS or Interplanetary File System maintains a snapshot of the latest state of balance transfers...

Web3.0

Web3.0 is the third generation of web technology, where services will run on the blockchain...

Avalanche Network

Avalanche Network is the native blockchain that contains the Avaxpool and secures the actions of Bee Trade Finance Orderbook.

Orderbook Engine

Orderbook Engine maintains a high-performance Orderbook, matches trades and provides them with TEE for verification and trade settlement.

Bee Trade Finance: Bridging the CEX and DEX gap

Bee Trade Finance Orderbook is our core product. It is a fully decentralized Layer 2 based exchange built on top of the Avalanche Network and featuring an orderbook. While working on Bee trade Finance Orderbook we thought about two groups of traders:

The main goal of Bee Trade Finance is to bridge the gap between decentralized and centralized exchanges, creating an ultimate trading experience for any type of crypto trader from newbies to professionals.

For this reason, we took the benefits of CEXes and DEXes and merged them together making Bee Trade Finance a not-your-ordinary-DEX.

The key distinction between Bee Trade Finance and other DEXes lies in Bee Trade Finance tech stack that lets us offer wider functionality.

Bee Trade Finance goes beyond the basic swap protocol, it is an orderbook-based decentralized exchange built on Substrate,Web3.0 and IPFS.

Hence, Bee Trade Finance users can not only swap tokens but also place market orders and limits to execute trades at certain price points automatically in the Orderbook exchange, trade their crypto assets for fiat and delegate their crypto assets to third parties to profit from advanced trading features like bot trading just like they do on most centralized exchanges. All of these in a fully decentralized environment.

Traders who are used to CEXes or are new to crypto will also benefit from the great UX and easy navigation that Bee Trade Finance offers. You don’t need to wonder how things work with Bee Trade Finance and can jump straight to trading because of the easy to use interface.

Decentralized exchanges bring peace of mind to traders because their funds are kept safe, however, DEX space has lots of flaws.

Bee Trade Finance keeps the high safety part of the equation but at the same time eliminates some of the most common issues with modern DEXes.

As Bee Trade Finance is built on the Avalanche network the swaps are completely gasfree, so the fee for swapping tokens is zero.

Fees on standard market orders are currently set at just 0.2 per cent (subject to changes at the moment, we will follow up with an elaborate article about the fee structure soon), while high-frequency trades happen without a cancellation penalty, giving algorithmic institutional traders more freedom to enter and exit markets dynamically.

Linking up decentralised and centralised exchanges is part of that picture. For users who like the simplicity and userfriendliness of a CEX but want access to more exotic DEX offers, Bee Trade Finance trading engine opens doors to a broader range of blockchains, liquidity pools, and potential counterparties.

The drastic reduction or elimination of fees also leads to another strong point of Bee Trade Finance — it puts an end to the system- gaming tactics like front-running, price slippage and arbitraging. Trades are handled on a trustless basis in a parallelized way, meaning it’s a ‘first come, first served’ system; rather than the ‘who can pay the most’ framework seen on Ethereum-based DEXes.

Uniswap

Uniswap is the first decentralized exchange and the current market leader in terms of total value locked (TVL), the DeFi equivalent of market capitalization.

Uniswap is an Ethereum-based DEX that enables decentralised crypto trades via proprietary ERC20 tokens.

Trades happen through an automated market maker (AMM) mechanism, which uses smart contracts to create and then manage liquidity pools.

Users access the pools and use their tokens to swap cryptos and crypto-backed assets within them.

The AMM model allows users to trade cryptocurrencies and earn yields in the form of trading fees and ERC-20 tokens without a centralised exchange operator acting as an intermediary.

The total cost of transaction fees on Uniswap can be punishing. While Uniswap charges a 0.3% fee for each trade — comparable to the fees charged by popular CEXes — gas fees paid to Ethereum miners as a way to manage network overload can and recently do go way over $50.

That makes Uniswap uneconomical for transactions of less than $1000, shutting many individual traders out of the exchange.

Moreover, the interface, manual settings selection and long waiting time for transaction conrmation make the whole trading experience very puzzling, especially for novice traders.

SushiSwap: democratising platform governance

Next up on the DEX sweepstakes is SushiSwap, a community-owned and communityrun decentralised cryptocurrency exchange.

It started its life as a fork of Uniswap, built on Ethereum network and using a version of its mother DEX’s automated marketmaker (AMM) to connect buyers and sellers.

Perhaps the most significant distinction between the two is that SushiSwap’s native coin SUSHI also acts as a governance token, allowing SUSHI holders to take big strategic decisions about the future running of the exchange.

SUSHI holders can vote on proposals for protocol improvements, changes to the DEX’s fee structure, creating new liquidity pools or finding grants for new Sushi-related projects.

Like Uniswap, SushiSwap charges a 0.3% transaction fee. Unlike Uniswap, it hands a quarter of the fee to liquidity providers in the selected pool, then sets another 0.05% aside for SUSHI holders who have staked their tokens in a special ‘SushiBar’ pool in order to earn rewards.

Gas fees and other flaws of Uniswap are an issue on the Sushiswap platform, too.

Balancer: faster rollouts for new tokens

Balancer is an emerging Ethereum-based DEX providing a platform for Ether (ETH) and ERC20-backed assets. As with other DEXes, Balancer users can swap tokens, create liquidity pools, and earn yields.

What Balancer does differently is calculate asset values using the ratio between assets shared in a given liquidity pool. Using that approach automatically affects the pool ratio and thereby the price of each asset, making the entire process fully ‘trustless’.

Balancer has rolled out another innovation called Liquidity Bootstrapping Pools (LBPs), which has made it a frequent go-to launchpad for new projects.

LBPs allow crypto developers to distribute new tokens to a large number of initial holders while speeding up the discovery of their fair market value.

Something else setting Balancer apart from others is its fee structure. Transaction fees are set by pool owners, typically running between 0.0001% and 10%

When a trader swaps one token for another, Balancer optimises the price of the order using existing pools. The trader can view the pool and check out its fee structure before confirming an order.

The DEX’s recently launched update, Balancer V2, also offers improved gas fee efficiency. It promises to reduce Ethereum mining fees by ensuring only final token amounts are transferred between vaults, even when trades are executed in batches against multiple pools.

PancakeSwap: taking DEX to a new blockchain

PancakeSwap is a newer decentralised exchange that, while similar in look, feel, and functionality to Uniswap, has been built on the Binance Smart Chain (BSC) instead of Ethereum.

Like other DEXes, PancakeSwap lets users swap tokens without a custodian in the middle, plus earn rewards from liquidity pools.

Traders can stake their tokens to earn further rewards and take part in lotteries. It also uses an automated market maker (AMM) system to enable crypto trades.

What really makes PancakeSwap different, however, is its choice of the development platform.

Rather than build on Ethereum network, where most of the action happens in DeFi, PancakeSwap’s project team chose relative newcomer Binance Smart Chain — and they can be more cost-effective as a result.

Binance Smart Chain is less established than Ethereum, but that also means less network congestion.

Developers can take advantage of lower underlying transaction costs to keep their trading fees low while also offering speedier transactions

That makes their pricing and user experience more competitive. Also, the BSC chain is not fully decentralised which means its nodes are run by a selected group of trusted parties.