Elektrik (ELTK)

Elektrik is the first DEX launching on LightLink that focuses on providing users with sophisticated trading instruments and dynamic liquidity provision features. Elektrik is seeking to capture the pro-trader market with efficient transaction speed and low-to-no gas fees.

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What is Elektrik

Elektrik is a cutting-edge decentralized exchange (DEX) protocol integrated with the Lightlink Network. It enables direct peer-to-peer trading without the need for intermediaries or centralized market makers. It stands out with its abstracted AMM that introduces advanced trading features such as iceberg orders, limit orders, stop losses, and conditional orders, empowering traders with greater control and flexibility in their strategies.

By implementing gasless rebalancing smart contracts, Elektrik optimizes capital efficiency, reduces impermanent loss risks and boosts liquidity provider returns. Leveraging LightLink's fast and cost-effective transactions, Elektrik facilitates high-volume and high-frequency trading without the burden of excessive transaction fees.