Trade Engine

Fyda's Trade Engine lets users create and execute strategies, combining on-chain and off-chain solutions for enhanced accessibility.

Trade Engine architecture consists of following components:

• Strategy Contracts: These smart contracts access users' wallets, enable users to create strategies and execute trades.

• Liquidity Contracts: Smart contracts that facilitate trade execution by connecting with on-chain liquidity providers and decentralized exchanges (DEXs).

• On-Chain Price Oracles: Fyda integrates with on-chain price oracles like Chainlink to fetch historical prices to execute trades and protect against price manipulation.

• Trading Bots: These bots are Off-chain systems that monitor prices and trigger trade execution.