Bancor

Key Technical Advantages:

Asymmetric Liquidity: Carbon introduces the concept of asymmetric liquidity, where each curve trades in a single direction. This means an "order" (the term for an individual user's liquidity position in Carbon) is either used for buying or selling, but not both. This is a fundamental departure from all other Automated Market Makers (AMMs) on the market and is designed to support independent and irreversible buy and sell patterns. Parametrically Adjustable Liquidity: In Carbon, an "order" is parameterized with an efficient set of parameters. It can be moved around quickly and cheaply simply by issuing transactions that update parameters, unlike traditional AMMs where liquidity has to be withdrawn and re-staked each time a change is needed. Concentrated Liquidity: Like other AMMs such as Uniswap v3, Carbon also supports concentrated liquidity, allowing liquidity providers to provide liquidity within a specific price range. However, Carbon's model is more flexible and covers a wide range of bonding curves, from constant-product to constant-price, and everything in between. New Trading Primitives: Carbon introduces two new primitives for DeFi trading. The first is an "order" that consists of a single, parametrically adjustable, concentrated, and asymmetric curve. The second is a "strategy", which comprises multiple orders that can be linked together via their collateral. This enables more complex and potentially profitable trading strategies. Optimized Matching and Routing: Carbon is designed to optimally match trades to orders, which it refers to as matching and routing. It also discusses implementing arbitrage strategies either within Carbon itself or between Carbon and other systems. This feature aims to maximize profits and ensure efficiency in the trading process. Content summarized by AI chatbot

Source:

https://www.carbondefi.xyz/whitepaper