Why use Illiquid?

Illiquid Market offers a unique solution for buying and selling obscure or non-liquid assets in a decentralized and trustless manner.

Illiquid is similar to the popular NFT marketplace OpenSea, but for ERC20 tokens. With Illiquid Market, you can list any asset and find a counterparty, and get paid in any asset of your choice.

Many protocols generate novel ERC-20 tokens, such as LP tokens, vesting tokens, and liquid staking tokens, and creating pool-based DEX liquidity for all of these can be impractical and capital inefficient. Markets where DEX liquidity does not exist are currently served by off-chain OTC books, which are subject to counterparty risk and high fees. Illiquid Market offers a more efficient and secure alternative for trading these assets.

Benefits of Illiquid Market include:

• Ability to trade any token, no matter how obscure

• Trustless and decentralized trading experience

• No need for liquidity providers or central counterparties

• No counterparty risk or high fees

Use cases for Illiquid Market include:

• Trading assets with low liquidity or low DEX adoption

• Trading assets that are not listed on DEXs or OTC books

• Trading assets in a secure and efficient manner without relying on central parties

• Integrating Illiquid Market into your own projects or protocols to provide a decentralized trading solution