Typelex Uses On-Chain Atomic Swaps to Eliminate Slippage and MEV in OTC Trades
Typelex is a decentralized, non-custodial peer-to-peer OTC protocol designed to address the slippage and MEV vulnerabilities that plague large trades executed through automated market makers. Rather than routing transactions through liquidity pools, the protocol uses isolated smart contracts to settle trades atomically within a single block, meaning the swap either completes fully or reverts entirely. Exchange rates are fixed directly in the order structure, removing any slippage parameter that MEV bots could exploit, while optional taker-address locking prevents front-running by rejecting unauthorized senders. The protocol leaves no footprint on public liquidity pools, so external spot prices remain unaffected by large transactions. Key use cases include DAO treasury diversification, strategic token distribution to early investors, and gas-efficient settlement by avoiding complex multi-hop swap routes.
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