Hanji is the first fully on‑chain order‑book DEX on @etherlink. Its matching engine runs in logarithmic time solving the usual gas & complexity problems. 🧵

More apples. More protocols. More fun. Season 2 is officially a 🍏 buff to your DeFi experience. Let the yield games begin.

So when you use Hanji, you’re getting:. 💹 The best on-chain trading experience via our fully on-chain CLOB.🔄 The best swap execution via aggregated liquidity across Etherlink. One interface. Every advantage. →

You’ll find it right on our "Swap" page. Instead of jumping between DEXs to check rates, just use Hanji — we’ll auto-route your swap through the best path with the best price. Simple. Fast. Optimal.

Seems like many still don’t know this…. Hanji has a built-in aggregator that sources liquidity from every DEX on @etherlink. Yes — not just our own orderbook.

True price discovery needs a true CLOB.

RT @HanjiProtocol: @Ahkjkl @libertez_baker @hsrwala @etherlink @SuperlendHQ @okutrade hanji swap has a built-in aggregator, so you should g….

🧵6/6. On Hanji, you can LP however you want:. 🟢 HJLP Vault → earn across all markets.🔵 Single-token Vaults → LP with just USDC, WBTC, or XTZ.🎯 Real trading yield, no gimmicks, no toxic flow. Start earning without suffering → Join our Discord →.

🧵5/6. With most LP models, you’re forced to absorb the market’s inefficiencies:. - AMMs → IL + toxic flow (markouts, LVR). Hanji flips that:. - LPs earn from real trading activity.- Limit orders are on-chain & capital-efficient.- No IL traps. No arb games. Just clean flow.

🧵4/6. 📊Comparison table

🧵3/6. Then we have Single-Token Vaults — Hanji’s latest evolution. You deposit just one asset (like USDC), and the vault uses it to provide depth near market price. The result?. ✅ No LVR.✅ Minimal IL, since >80% of exposure stays in your base asset.✅ Native yield from real.

🧵2/6. There’s also LVR — loss-versus-rebalancing. LPs in AMMs get filled after price moves, not before. Arbitrage bots profit. You lose. But it gets worse:.Even with fees, LPs suffer from negative markouts — aka toxic flow. 🟥 Just look at this:.Uniswap V3 LPs lost ~$80M in

🧵1/6. First, what’s an AMM pool?. It’s a contract that holds 2 tokens (like ETH/USDC) and lets traders swap between them using a formula (like x*y=k). LPs earn trading fees — but there's a hidden cost. When prices move, the AMM rebalances your assets to maintain a ratio. That.

LPing in DeFi is broken for most users. Impermanent loss, toxic flow, MEV — all of it eats into your returns. But new vault architectures are changing that. Let’s compare AMM pools, traditional LP vaults, and Hanji’s single-token vaults. 🧵👇

🧵6/6. TL;DR. Etherlink = lightning speed + sub-cent fees + Tezos L1 security. This infrastructure makes building a fully on‑chain CLOB viable. Hanji combines it with smart design to deliver performant, trustless trading. Want to learn more about Etherlink? Dive into docs →.

🧵5/6. Etherlink’s near-free gas and fast blocks make fully on‑chain CLOB execution a reality, not a dream. This is why Hanji succeeds where others can’t:. 🧠 Trustless matching.⚙️ Native composability.💸 Vault-powered liquidity.🔥 Real-time UX.

🧵4/6. With this foundation, Hanji’s matching engine leverages logarithmic complexity to scale deep orderbooks without gas blowups. Easy to trade, easy to LP — even as the book grows, every transaction stays fast and cheap.

🧵3/6. Most other Layer 1/L2s can’t handle this:. - Slow block times.- High gas per operation.- Limited deterministic throughput. Try building a CLOB on them, and you'll hit congestion, friction, lag, or UI breakdown.

🧵2/6. Here are some key advantages that set it apart from other networks:. ✅ Fast TPS & low latency — ~500 ms confirmation vs 2–7+ seconds on other L2s.✅ Minimal gas costs — sub‑cent per transaction via rollup compression. This combo makes real-time order matching &.

🧵1/6. What is Etherlink? ⛓️. Etherlink is an EVM-compatible, non-custodial Layer 2 built on Tezos Smart Rollups. It delivers ultra-fast finality (<500 ms) and extremely low fees (~$0.001 per tx), empowering on-chain-first protocols like ours. Security is enhanced on Etherlink.