Order Book Depth is Useless Without Front-Running Protections

Manon

Well-known member
Everyone flexes how “deep” their exchange’s order book is. Cool story. But if the matching engine is opaque, and MEV bots are feasting on every trade, who cares?
Depth doesn’t matter if your order is getting sandwiched by some whale with node-level latency.

Show me a DEX with:

  • Private order submission
  • Minimal metadata leakage
  • No centralized matching authority
Otherwise, “depth” is just a trap for the unprotected. Stay sharp.
 
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