DeFi orderbook everyone inherits 🧙♂️
On-chain
Joined January 2025
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Cross DEX execution.
Wizard orders are created in a universal format that are not tied to any specific DEX.
Bots can route them wherever execution is best.
Two routing paths exist:
Forward → convert the order to a DEX order and send it there
Transform → reshape the order so a DEX pool can consume it directly
Integrations are modular through external routing validators so any new DEXs can be added without touching the core protocol or breaking existing strategies.
Every DEX has its own format, its own execution environment, and its own liquidity.
Wizard takes a different approach.
Instead of building another DEX, we built an orderbook layer where published intents can be executed in multiple ways:
• Direct P2P fills
• Market makers
• Liquidity pools
• Aggregators
One layer connecting everything.
One of the biggest advantages of building something from scratch is that you get a rare opportunity to design things the right way.
What would a proper on-chain market structure look like if built ground up?
That’s exactly what we tried to do with @WizardCardano 🧙♂️
👇 🧵
#Cardano #DeFi $ADA
USDCx is live on Cardano 👇
But try to move real size…
you see how thin things still are.
AMM pools need exponentially more capital to handle larger trades.
This is not fine if serious markets are going to come in.
A new on-chain orderbook will serve as a foundation for real DeFi market structure on Cardano.
Built for size.
Built for depth.
Built for what comes next.
Soon 🧙♂️
#DeFi #USDCx $ADA #Cardano
Full Wizard CLI demo 🎥
What’s shown:
1. Partial order fills (on-chain)
2. Order cancellation
3. Limit orders (one-way & two-way)
4. AutoLimit (oracle price + configurable premium)
All on chain.
Fully composable.
Designed for traders, bots, and dApp interoperable trading through a shared orderbook model settling directly on the L1.