Ring trades are order settlements which share liquidity across all orders, rather than a single token pair, and uniquely suited for trading prediction market tokens and the “long tail” of all tokenized assets. To learn more, read our blog post Annoucing Gnosis Protocol.
The protocol uses batch auctions to provide uniform clearing prices and front-running resistance.
Anyone can list tokens, build integrations, and submit order settlements on the fully decentralized protocol.
Long Tail Token Markets
Fees are included in your limit price and paid in OWL.
The protocol allows users to trade any token pair without having to use an intermediary token to convert their asset.