If you’ve decided to build a dYdX clone with the goal of better serving your DeFi community, you're headed in the right direction.
Basically, DeFi traders prefer a platform with advanced trading features, a secure interface, and low gas fees. Let’s explore how you can optimize your Dydx clone software to align with your users’ expectations.
Improve Liquidity and Trading Pairs
One of the common problems that new DEX owners face in their platform is “limited liquidity”. This liquidity problem can negatively impact trade execution. To solve this issue, you can integrate multiple liquidity sources or an automated market maker (AMM) model along with order books.
Additionally, you can expand your trading pairs to align with your platform user’s interests. You can introduce new altcoins or synthetic assets.
Low Fees
Another essential thing all traders expect on a dydx clone DEX platform is low gas fees. You can implement layer 2 solutions to conduct faster and lower gas fee transactions for your users.
Improve UI/UX and Customization
Many DEX platforms use a normal and boring interface. But if you use a polished and easy-to-navigate design with adjustable dashboards, you can build a unique protocol.
You can integrate these things to improve your dydx clone’s UI/UX:
Dark and light themes. This improves user experience on your protocol.
Advanced charting tools. This attracts many experienced traders.
Gas fee estimations. This helps users make an informed decision before finalizing the trades.
Strengthen Security
In DeFi protocols, every user expects security. You need to implement many security features on your DYDX clone software to safeguard your platform users’ funds from cyberattacks.
Considering these things before creating your
dydx clone helps you to create a platform that your users actually want. Do some research and implement polls to detect the users’ expectations.