London, UK, 8th January 2024, ZEX PR WIRE<\/a>,<\/strong> Decentralized automated trading holds vast potential, yet adoption lags amidst infrastructure limitations. Restricted by inadequate tooling and complexity barriers unsuitable for everyday traders, the decentralized landscape of automated trading awaits disruption. This backdrop may soon transform with the launch of Fyda Finance \u2013 an on-chain trading automation protocol democratizing sophisticated strategies. By enabling customizable logics to execute trustlessly on-chain, Fyda bridges the gap for traders across skill sets.<\/span><\/p>\n

<\/p>\n

Strategies Orchestration<\/b>
\n<\/span><\/p>\n

Instead of manual order placement, Fyda allows traders to preset entry points, take profit areas and stop loss levels while automating advanced techniques like dollar cost averaging.\u00a0<\/span><\/p>\n

Users have the ability to devise trading strategies tailored to various market conditions, such as trading ranges, or employ percentage-based orders to trade dynamically in any market environment.<\/span><\/p>\n

Unparalleled Security and Transparency<\/b>
\n<\/span>
\n<\/span>By leveraging smart contracts for order execution and relying solely on decentralized on-chain oracles for pricing data, Fyda offers best-in-class security assurances for traders. Activity is protected from manipulation including MEV attacks while consolidating liquidity across DEXs ensures minimal price impact.<\/span>
\n<\/span>
\n<\/span>Strategy Simulation<\/b><\/p>\n

Fyda puts traders in the driver\u2019s seat to craft automated trading strategies aligned with their goals. Fyda provides traders with verified, in-depth insights into the performance of their automated strategies. Comprehensive analytics empower traders to closely validate and backtest their custom logic through simulation leveraging both live and historical market data.<\/span><\/p>\n

Future Roadmap<\/b><\/p>\n

In the future, Fyda will enable users to automate trades based on technical indicators, on-chain signals and sentiment indicators on-chain for the first time.<\/span><\/p>\n

Conclusion<\/b>
\n<\/span><\/p>\n

As pioneers in on-chain trading automation, Fyda Finance aims to fundamentally reshape decentralized finance \u2013 handing traders an advantage through cutting edge solutions solving core issues that hindered decentralized trading adoption prior. By delivering sophisticated tools to everyday investors in a trusted environment, the protocol promises to redefine paradigms across cryptocurrency markets.<\/span>
\n<\/span><\/p>\n

Experience the future of trading today with Fyda Finance at <\/span>app.fyda.com<\/span><\/a>. Become part of the DeFi trading revolution.<\/span><\/p>\n<\/div>\n

\nThe Post Fyda\u2019s Breakthrough DeFi Protocol Set to Reshape Automated Trading\t<\/a> first appeared on ZEX PR Wire<\/a> <\/p>\n<\/div>\n

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@binarynewsnetwork.com<\/p>\n","protected":false},"excerpt":{"rendered":"

London, UK, 8th January 2024, ZEX PR WIRE, Decentralized automated trading holds vast potential, yet adoption lags amidst infrastructure limitations. Restricted by inadequate tooling and complexity barriers unsuitable for everyday traders, the decentralized landscape of automated trading awaits disruption. This backdrop may soon transform with the launch of Fyda Finance \u2013 an on-chain trading automation […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-7843","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news"},"_links":{"self":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/7843"}],"collection":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/comments?post=7843"}],"version-history":[{"count":0,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/7843\/revisions"}],"wp:attachment":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/media?parent=7843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/categories?post=7843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/tags?post=7843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}