Carbon DeFi by Bancor is setting a new DEX standard with its latest feature: Drawing Tools. As the only DEX to seamlessly integrate in-house drawing tools into its UI, users can track trends, pinpoint key levels, and map strategies– all without external dependencies.
Essential for the sophisticated trader, this new addition perfectly embodies Carbon DeFi’s ethos of simple, powerful trading.
Drawing Tools
Cross: Pinpoint exact price levels or mark critical entry and exit points.
Trendline: Analyze market trends to stay ahead of shifting momentum.
Extended Line: Highlight horizontal support and resistance zones for sharper decisions.
Parallel Channel: Map sloping or flat price ranges to uncover trading opportunities.
Triangle: Identify triangular patterns that often signal breakouts or breakdowns.
Rectangle: Track consolidation zones and trading ranges for a deeper understanding of market behavior.
Complex strategy planning becomes seamless, empowering traders with precision, clarity, and confidence- cornerstones of successful trading.
Integrated at Every Step
Available across three key areas, Drawing Tools create a cohesive, simplified workflow:
Trade: Design and execute strategies by applying technical analysis directly on the chart.
Simulate: Backtest strategies in a controlled environment using real historical data to refine and perfect them before going live.
Explore: Analyze strategies protocol-wide and discover untapped opportunities with the visual clarity only these tools provide.
Additional Key Benefits of Carbon DeFi
Drawing Tools are just one piece of Bancor’s larger vision for Carbon DeFi.
Zero Slippage: The price quoted is the exact amount received.No Fees: Makers pay zero network, trading, or protocol fees on filled orders.
Immunity to MEV Sandwich Attacks: Protecting users from predatory practices.
Next-Gen Concentrated Liquidity: Autocompounding fees, custom fee tiers, and zero tick constraints.
Custom Order Types: Limit, Range, and Recurring Orders offer unmatched flexibility and control.
Built-in Solver System: Carbon DeFi uses chain-wide liquidity to fulfill and optimize order execution.
Charting the Future of DeFi
Drawing Tools goes beyond introducing a new feature– it builds on Bancor’s legacy of innovation, dating back to 2017 with the invention of the AMM, and its steadfast commitment to advancing DeFi.
From tracking trends to mapping ranges, these tools bring your trading vision to life– one well-placed strategy at a time.
Explore CarbonDeFi.xyz/trade and take your onchain trading to the next level.
