Boost Your Exchange Native Altcoin Liquidity through NEXUS 2.0 Upgrade
Broctagon Fintech Group has upgraded our NEXUS 2.0 liquidity aggregator technology, with the launch of Native Altcoin Liquidity Management. The precision-based liquidity management system (LMS) allows exchanges to regulate the demand and supply of their native altcoins via algo-automated execution to achieve healthy liquidity and enhance token tradability.
Unlike Bitcoin and major altcoins such as Ethereum and Litecoin, most exchange tokens still suffer from chronic illiquidity. This lack of liquidity often leads to high slippage and huge spreads, making conditions undesirable for trading, let alone holding it for the long term. Without sufficient participation by traders and investors, the prices of native tokens remain low which negatively impacts the potential growth of the respective crypto exchange.
To tackle this, the Price Mapping function of the LMS helps exchanges implement a successful growth roadmap for their native altcoin and its liquidity, while achieving volume consistency. Utilizing pre-configured parameters based on inhouse research insights to formulate an ideal price trajectory, the LMS rebalances bid/ask to achieve tight spreads for traders to enter and exit with ease. Customizable liquidity depth with multiple levels help to further ensure price stability. This upgrade is available immediately and being part of the NEXUS system means it is API ready to connect your altcoin price feed seamlessly to other exchanges for wider exposure and STP execution.
Ted Quek
CTO, Broctagon Fintech Group
About Broctagon Fintech Group
Broctagon Fintech Group is a leading multi-asset liquidity and FX technology provider headquartered in Singapore, with over 15 years of global presence in Hong Kong, Malaysia, India, Cyprus, Thailand, and China. We specialize in performance-driven, bespoke solutions, serving over 350 clients in more than 50 countries with our liquidity aggregator technology, brokerage and prop trading solutions, and enterprise blockchain development.