Launching Advanced Trading for DeFi
Definitive launches institutional-grade trade execution for on-chain markets. Open to all DeFi traders.
tl;dr
From the same team that built Coinbase Prime’s trading engine, a system responsible for executing billions of dollars of trades for the likes of Michael Saylor and Elon Musk, Definitive is proud to offer every DeFi user access to the most powerful institutional-grade on-chain trading platform.
Start trading in a matter of minutes. Sign up at www.definitive.fi and mint your Advanced Trading vault to place your first trade today.
Why Advanced Trading?
Over the last year, we’ve spoken to a myriad of institutions and HNWIs who want to deploy significant amounts of capital into DeFi, yet they often find their hands tied. All of them faced the same blockers: fragmented liquidity, shallow markets, and a lack of compliance and reporting.
Historically, trade execution services available for DeFi have never matched up to the power and quality of tooling that are commonplace on CeFi’s exchanges and prime brokers. The lack thereof prevented significant institutional capital from even arriving on-chain…
…until today.
With the launch of Advanced Trading, Definitive allows anyone to access institutional-grade trade execution for DeFi (currently on 6 EVM chains). For the very first time on many of these chains, traders can now place Market, Limit, and TWAP orders between any two on-chain assets.
Groundbreaking Features
We asked our clients who actively trade for all the features they desperately wished they had. And we delivered.
TWAP Orders (Time-Weighted Average Price)
The TWAP order is an advanced algorithmic order akin to dollar-cost-averaging your trade over time. As the most highly requested feature among our institutional clients, the TWAP order allows whale traders to deploy capital in size while limiting their price impact per individual swap and minimizing their presence in the market. Just like the Limit and Market orders, the TWAP order type is available to trade between any two assets. And to complete the lifecycle, a comprehensive Post-Trade Report is generated for every TWAP order for easy reconciliation and review.
Limit Orders Between Any Assets
Unlike CeFi exchanges where markets are predefined between two fixed assets (i.e. ETHBTC, BTCUSD), DeFi swaps can trade between any two tokens thanks to smart order routing across DEXs. Definitive enables traders to configure Limit orders between any two tokens with a limit price and will execute the trade as soon as the limit price can be achieved.
Smart Slippage
Nearly every DeFi user has a regretful anecdote where they had set slippage on their swap to be too high or too low. Set slippage too high and your trade is immediately sandwiched by a MEV bot at your expense. Too low and your trade may revert, wasting precious gas and requiring you to re-quote and replace the order. Definitive’s Smart Slippage relinquishes the trader from the burden of the guessing game and automatically discovers the ideal sweet-spot slippage setting to ensure a high success rate for trades while simultaneously defending against all negative impacts.
Smart(er) Order Routing
Definitive’s Smart Order Router finds the best price for every trade across the full universe of on-chain venues. We also continuously profile which venues are most reliable and non-exploitative for successful trading and dynamically adjust order routing to ensure the smoothest experience for the end user.
Profit & Loss and Activity Tracking
Historically, DeFi dApps have missed the mark when it comes to informing users on the performance of their positions. Every Advanced Trading vault on Definitive comes out-of-the-box with best-in-class reporting, including real-time order fill analysis, per-position PnL, and activity history.
“Gas-Less” Trading UX
Traders using Definitive never have to deal with gassing their Trading Vault. Definitive automatically determines the precise amount of gas execution cost for every trade and sponsors the gas on behalf of the trader. The execution costs are then deducted from the outcome of the trade. With this design, traders experience an uninterrupted “gas-less” trading UX where, with a single signature to activate the trading session, they can put their wallet away and trade seamlessly without additional transaction confirmations or signatures for the remainder of the trade session.
Private Order Flow
All orders are submitted privately to Definitive’s off-chain Order Management System (OMS) and only executed on-chain when traders’ intents are met. Your trade intents are never broadcasted to solvers and Definitive does not implement payment for order flow.
Our one and only priority is best execution to the benefit of the trader.
What Is Live Today?
Definitive’s Advanced Trading product is live on 6 EVM chains (Ethereum/Arbitrum/Avalanche/Optimism/Polygon/Base), supports 50+ liquidity venues, and provides access to thousands of assets, including long-tail assets that are not available to trade on centralized exchanges.
Any user can onboard today in a matter of minutes:
- 1) Sign up for a free Definitive account at www.definitive.fi.
- 2) Mint Trading Vaults to enable trading for those chains.
- 3) Deposit tokens into your Trading Vault to begin trading.
Future Roadmap
Definitive’s early clients, composed of professional traders, HNWIs, on-chain treasuries, crypto VCs, and DeFi hedge-funds have already traded over $20M of volume prior to our wide release launch today. With their feedback, we’ve already identified and begun development on a slew of upcoming features including:
- Expansion to Solana and additional chains (non-EVM + EVM L2s)
- Additional advanced order types (Trailing Limits, Stop Orders)
- Improved charting
- Bridging support
- Pre-trade compliance
- (and many more!)
At Definitive, we believe that on-chain is the future and that the majority of trading volume will eventually transition from CeFi exchanges to DeFi markets. Join us in accelerating this movement and mint your Advanced Trading vault to start trading today at www.definitive.fi.
Definitive is the leading institutional DeFi platform for advanced yield strategies and on-chain trade execution.
