Bancor and Alien Base, a leading DEX on the Base blockchain, have both reached major milestones, as Alien Base becomes the first to directly integrate Carbon DeFi, one of Bancor’s cutting-edge DEX technologies.
While several projects have licensed the smart contracts powering Carbon DeFi, Alien Base’s direct integration marks a pivotal moment for both projects. Not only does it reinforce Bancor’s role as a pioneer in DeFi innovation but it also enables Alien Base to upgrade with the most advanced tools in decentralized finance.
New Features Powered by Carbon DeFi
• True Limit Orders
• Range Orders
• MEV Sandwich Attack Immunity
• Zero Slippage
• Auto-Compounding
True Limit Orders
Limit Orders
Buy or sell a token at a specific price, providing absolute precision for entering or exiting a position.
Example: Set a Limit Order to buy ALB at 0.05 USDC, and the order will only be executed when the price hits that exact target.
Notice that “Range” toggle just below Sell? This is where you unlock one of Carbon DeFi’s novel onchain trading features.
Range Orders
Scale in or out of a position rather than target a specific price.
Example: Set a Range Order to buy ALB from $0.055 down to $0.050, automatically acquiring tokens as the price enters the set range.
These two order types provide users with both precision and adaptability, depending on their trading goals. Whether you’re looking to secure a specific price or scale in/out of a position, it’s now possible directly from the Alien Base UI.
Recurring Orders: Automation at Its Best
Another one of the standout features now available on Alien Base is Recurring Orders. This innovative order type allows traders to link buy and sell orders into a seamless, self-sustaining trading loop.
Example: Buy ALB between $0.055 and $0.050 and sell ALB between $2.00 and $2.50.
With each trade execution, newly acquired liquidity automatically rotates between the linked orders, enabling a repeating “buy low, sell high” strategy. This feature allows users to compound profits without the need for manual intervention, or third party dependencies and risks.
Pro Tip
With zero obligation to fund both orders, users have the ability to create an order with funds they don’t yet have!
What Sets Carbon DeFi Apart?
The integration of Carbon DeFi brings unique advantages to Alien Base users:
MEV Sandwich Attack Immunity
Orders are immune to MEV sandwich attacks, ensuring traders receive exactly what they expect without interference from predatory behavior.
Customization and Adjustability
• Fees: Liquidity providers/traders (Makers) can set personalized fee tiers (or spread) by choosing specific buy and sell ranges, unlike traditional AMMs, which enforce a set fee structure.
• Prices: Easily and efficiently edit strategies just by entering in the new price(s) at which you want to trade. No more having to withdraw funds and recreate a position!
Built-In Trading Bot
Bancor’s Arb Fast Lane acts as a built-in solver system for all deployments of Carbon DeFi. The Arb Fast Lane searches liquidity from all major DEXes across the entire Base Chain to efficiently fill orders on Alien Base.
Rotating Liquidity
Liquidity is dynamically moved between a user’s separate buy and sell ranges as orders are filled, creating a hands-off, fully automated way of trading onchain.
Auto-Compounding
With rotating liquidity, any profits generated from filled orders are automatically included in the opposite order. This continuous cycle allows users to compound gains without manual intervention, maximizing the efficiency of their trading strategy over time.
Trade Any ERC20 Tokens
Trade any combination of standard ERC20 tokens on Base, no matter how unique the pair!
Irreversible Orders
Once a limit or range order is filled, it’s final. Regardless of how the market moves afterward, your order — whether fully or partially filled — remains filled.
Bancor: Pioneering DeFi Innovation Since 2017
The integration of Carbon DeFi into Alien Base further solidifies Bancor’s pioneering presence in decentralized finance. From the invention of AMMs (Automated Market Makers) and pool tokens to Concentrated Liquidity and now Asymmetric Liquidity, Bancor has consistently been at the forefront of DeFi innovation.
Stay tuned as Bancor continues to shape the future of DeFi, empowering leading DEXs like Alien Base with cutting-edge technologies.
Join the upcoming Alien Base x Bancor Live Stream October 2nd at 4PM UTC!
For more on the latest Alien Base features, powered by Carbon DeFi, see their docs here or their official announcement here.
