Krypton is a decentralized cryptocurrency exchange that aims to solve the issue of front-running in trading by executing trades as continuous streams over time. The company's protocol facilitates taking complex computations off-chain, lowering costs for traders. It sets the supply/demand equilibrium based on price and speed instead of price and quantity, optimizing execution for traders without special information. Krypton's protocol is resistant to miner extractable value, protecting traders and market makers from slippage and impermanent loss by limiting the negative impact from market participants with an informational advantage.
The company has developed a viable proof of concept and expects to generate revenue based on trading volume. Krypton harnesses scaling solutions from Chainlink, enabling it to continuously update an order book for the price/time equilibrium on-chain cost-effectively. While its long-term success is not dependent on Chainlink, Krypton has the potential to become a critical decentralized exchange (DeX) in Chainlink's Cross-Chain Interoperability Protocol (CCIP) ecosystem.
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