DeFi infrastructure provider AllianceBlock has launched the Nexera decentralized exchange (DEX) on Ethereum (ETH) layer2 network, Arbitrum One, and integrated it with Uniswap (UNI) liquidity, according to an Aug. 15 statement shared with CryptoSlate.

Nexera Exchange

The Nexera DEX uses innovative designs incorporating advanced on-chain order book protocol. This allows it to provide deeper and more accessible liquidity for various digital assets.

A notable feature of Nexera is its leveraging of Uniswap V3 protocol’s liquidity. The firm said the integration allows users to place market orders and gain deeper insight into available liquidity at various price points for trading pairs.

According to AllianceBlock, Nexera’s next phase would add the ability to execute limit orders. It will …