Intent-based cross-chain DEXs
Intent-based cross-chain DEXs
Yash Agarwal
Problem to Solve
Enable users to bridge native assets from Chain A to Chain B using Intents.
Popularised by UniswapX, Intents are the hottest topic in DEXs, where one can express intent like "swap X on Chain A for Y on Chain B”
The current bridging does not have the best UX, as users need to Wrap, bridge, wait for a few minutes or hours, unwrap, and claim assets on destination chains. This also leads to gas inefficiency on expensive chains.
Possible Solution
Using 'Intents,' the cross-chain swaps can be executed by anyone, like DEXs or off-chain solvers (think market makers) on connected chains. The messages between chains are passed using Wormhole.
Resources
1. Mayan Finance / Hashflow 2. Superteam Blog 3. Wormhole Docs
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