Intent-Based Order System

Gasless Trading on Lynx

Challenges of the Cross-Chain Design

Although Lynx's cross-chain trading system extends perpetuals trading to new ecosystems with ease, it introduces challenges to the user experience. Users' assets remain secure on the origin chain, however transitioning to utilize their chips on the engine chain necessitates several steps. Users need to switch their wallet connection from the origin chain to the engine chain. Then, they need to navigate the process of acquiring native tokens on the engine chain to cover gas costs. Only then can users initiate transactions on Lynx's engine chain and benefit from the cross-chain design.

Gasless Trading: Powered by Intents

Unlike traditional EVM protocols which require users to create and submit transactions on the chain they're connected to, Lynx employs intents - signed user messages expressing desired transaction outcomes - to allow users to open positions on Lynx from their origin chains, without the cumbersome process of switching chains.

Lynx's intent-based system not only removes the need to connect wallets to new chains but also abstracts away gas costs for users. As intents are mined on the engine chain by Lynx's ecosystem bots, the bots bear the transactional gas costs on behalf of the user.

This feature further improves the user experience by requiring them to hold only the token intended for trading or liquidity provision. By eliminating the need to acquire and hold a chain's native gas token, Lynx becomes more accessible both in terms of cost and "onboarding" time (ie. the time before a user can start interacting with the application).