Traditional bridges often rely on AMMs to facilitate swaps, exposing users to slippage based on the depth of the liquidity pools. This is especially inefficient for swaps between likewise assets, such as BTC and WBTC or cbBTC.

Garden’s intents-based architecture removes this inefficiency. Solvers maintain flexibility in their quotes and compete to fulfill user intents using on-chain and off-chain liquidity.

Users not only get a competitive price at the time of swap initiation but also have the potential to settle at better prices. By leveraging peer-to-peer matching, and advanced settlement mechanisms like xCoW, Garden dynamically optimizes swaps during execution.

When users initiate a swap, they are shown a minimum guaranteed quote. During settlement, however, Garden’s price improvement capabilities can unlock better pricing.

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How price improvement works

Private Liquidity Access

Solvers can tap into private off-chain liquidity sources not available to public DEXs

Peer-to-peer Matching

Direct matching between users with complementary intents eliminates intermediary fees

xCoW Optimization

Advanced coincidence of wants matching reduces slippage and improves execution

Competitive Auction

Solvers compete to provide the best price through the auction mechanism