Allspark
  • 👋Welcome to Allspark
  • 🌏Fundamental
    • Introduction
      • Blast Native Yield
      • Dapp
    • Omniyield Gateway
    • Glossary of Terms
      • Omniliquidity
      • Omniyield
  • 🎮Joyful Perp Trade
    • Duel Trade
      • Backgroup And Story
      • Trading Mechanism
      • FAQ
      • How to Use
    • Mantissa Mode
      • Trading Mechanism
      • ALP-Mantissa
      • FAQ
    • Degen Mode
  • 🏦Omniyield Perpetual DEX
    • ALP Liquidity
      • Buy / Sell ALP
      • ALP Staking
      • ALP Pool Portfolio
      • Target Ratio and Fees
      • Other
        • Slippage
        • Price Impact
    • Margin System
      • Collateral Framework
      • Liquidations
      • Oracles
    • Liquidation
    • Tutorials
      • Stake
      • Trade
    • Risk Stratification
    • Referral Program
    • Terms
  • 🔄Omniyield Platform
    • Overview
    • Methodology
      • Solution For Omnistake
      • Solution For Omniwithdraw
    • Vaults
  • 🎇New Universe Campaign
    • New Universe (PHASE 1)
Powered by GitBook
On this page
  1. Omniyield Perpetual DEX
  2. ALP Liquidity

Buy / Sell ALP

Users can buy ALP tokens on all deployed networks with assets allowed by the portfolio.Buy / Sell ALP TutorialAfter placing a buy or sell ALP order, it takes an extended pending time (currently set as 18 minutes) for the order to be filled.The pending time serves two purposes:

  • Prevent potential arbitraging that can harm LP

    • Since the ALP pool holds a portfolio of assets and allows users to buy ALP with any supported assets, there is potential arbitrage room if front-runners execute quick buy and sell orders with different assets. The pending time can help to eliminate this room for arbitrage.

  • Ensure the protocol can correctly calculate the universal liquidity across four networks

    • The Allspark protocol needs to consider different network latency and finalization times when calculating the universal liquidity; the pending time helps ensure correct calculation and proper token allocation for ALP buyers and sellers.

PreviousALP LiquidityNextALP Staking

Last updated 1 year ago

🏦