[P5] - Sway Network 🏅

First ever Onchain central limit order book + matching engine built on Fuel Network. We're building an infrastructure for Defi App: https://app.swaynetwork.xyz/ Twitter: https://twitter.com/swaygangsters Discord: https://discord.gg/KkkBnj5JHg

Challenges

Open - Build A Fullstack Dapp on Fuel

Ranked 7,500 USDC

This is an evolution of Defi! Building a fully on-chain CLOB has been a dream. It's never been possible. Until now. Fuel Network makes it possible thanks to Sway language, Fuel VM, parallel tx execution, account abstraction, and tons of other features. You cannot build it on the EVM. You cannot build it on any other blockchain that isn't Ethereum. You need all three: security, speed, and scalability. Fuel is our latest and most advanced attempt to make it.

#BUIDLathon 2023 DeFi Track

Pool 15,000 MATIC

This is the first ever on-chain order book built on Fuel Network. It runs transactions in parallel with finality on Ethereum. It's one of the first Defi projects on Fuel Network, too. It uses a lot of features that were not possible on the EVM chain before. Also, it's the first project in the Ethereum ecosystem build on a language that isn't Solidity. There are a lot of innovations applied here. Taking into account that Fuel is a very young tech, it's an emerging ecosystem, and there are some limitations. Still, we could run an on-chain CLOB. What can you do with it? You can implement it in ANY Dex that will be building on Fuel. You can build an entire Defi ecosystem. We're also going to update the product in the future to make it more advanced.

Smart Contracts in Sway

Ranked 2,000 USDC

Check the GitHub repos :) Contracts written here are crisp. They're a piece of art. They're here btw: https://github.com/sway-gang/sway-network The goal was to build an MVP of a b2b product that everyone building Defi on Fuel can use. A CLOB + Matching engine that will allow running any DEX on.

Project details

Sway Network

Sway Network is a central limit order book built on Fuel Network. It operates using an order book model, allowing users to trade various assets securely and transparently, enabling peer-to-peer trading with high throughput and low fees.


Project Goals:

  • Provide a decentralized, transparent, and secure platform for users to trade cryptocurrencies with low fees

  • Increase the adoption of blockchain technology and cryptocurrencies by providing a user-friendly and efficient platform for trading

  • Foster a global community of crypto traders and enthusiasts, and encourage collaboration and knowledge sharing among members

  • Continuously improve and develop the platform based on user feedback and market trends, ensuring its competitiveness and relevance in the fast-evolving crypto space

    We bring well-known technology to the fast-growing Fuel ecosystem

    Next Steps:

  • Evolve as an infrastructure for Defi

  • Build a fully on-chain order book that you can plug your DEX into and run orders

  • Eventually, it's going to be a liquidity hub for Defi on Fuel Network

App: https://app.swaynetwork.xyz/

Twitter: https://twitter.com/swaygangsters

Discord: https://discord.gg/KkkBnj5JHg