What is Decentralised Trading/Onchain trading?
Decentralized trading—or on-chain trading—reimagines traditional financial markets by removing intermediaries and putting control back in users' hands. In a conventional stock exchange, trades are routed through brokers, clearinghouses, and centralized entities that charge fees and impose restrictions. On-chain trading flips this model: transactions happen directly between users via smart contracts, with trades settled automatically on the blockchain. This means no banks, no brokers, and no middlemen taking a cut—just peer-to-peer transactions secured by code.
The key difference lies in transparency and accessibility. Unlike traditional markets, where order books are often opaque and access is limited, decentralized exchanges (DEXs) operate on public ledgers, letting anyone verify trades in real time. Liquidity comes from users themselves, who pool funds into smart contracts to enable seamless swaps. And because everything runs on-chain, there’s no need to trust a third party—the rules are enforced by math, not institutions. Whether swapping tokens, trading perpetuals, or providing liquidity, decentralized trading offers a trustless, permissionless, and globally open alternative to legacy finance.
What are the advantages of DEX trading on SUI?
Sui’s high-speed, low-cost infrastructure makes trading seamless—no more waiting for slow confirmations or overpaying in fees. Its parallel processing engine handles massive transaction volumes without congestion, so trades execute instantly even during peak activity.
Built for DeFi from the ground up, Sui offers deep liquidity and smooth asset flows across its ecosystem. Native features like programmable transaction blocks enable complex trading strategies in a single click, eliminating unnecessary steps.
Security is baked into the network’s design, with Move smart contracts reducing risks like reentrancy attacks. Every trade settles on an immutable ledger, giving users full transparency without relying on intermediaries.
Plus, Sui’s composability means assets move effortlessly between trading, lending, and staking—no fragmented liquidity or wasted capital. Whether you’re a casual swapper or a high-frequency trader, Sui delivers speed, efficiency, and control without compromise.
To get started, you will first need to set up a Sui Wallet. Download OKX Wallet here.