New hybrid dex protocol on Cosmos with no static fees – but more expensive?

Any of you ever used a hybrid dex? Main problem with Uniswap (although personally i think v3 is awesome even if some people aren’t fans) is the lack of an orderbook and i think the static fees are still too LP-biased and hurt trading activity.

This new protocol launching today called Onomy has no static fees and uses an orderbook to buy and sell BUT you get charged by it taking the difference between the bid and the ask like on a market order. Is that…worse? It feels like if you are careless it might be way more expensive especially if there is slippage too. Then again, using an orderbook in a decentralised exchange would be amazing if it actually works because lets me honest trading on DEXs is clunky as fuck.

Would you use it or is it a rip off? If there is enough assets and liquidity on its DEX (its on Cosmos but has bridges) it might actually be decent.

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