Here’s an overview on why intents are revolutionizing DeFi in a brilliant way:
TL;DR:
• Intent = “I need to swap BTC for ETH without worrying about the details — just secure the best rate.”
• Intent-solver = The mechanism that executes the
swap on your behalf. Think of it as the ride-hailing service for swaps: express the destination, and the top decentralized "driver" navigates you there without needing route specifics or gas concerns.
Imagine stating “bridge $100 from Avalanche to Arbitrum safely and affordably” — akin to wanting coffee and letting a delivery service choose the best café.
Yet today, many intent systems are:
• Off-chain and opaque
• Dependent on centralized solvers vulnerable to MEV
• Permissioned and not widely adaptable
You express a swap desire but must trust someone else to follow through.
What’s more, many solvers operate like exclusive clubs. Existing examples include systems where private solvers, off-chain logic, or permissioned actors handle the order—leaving room for front-running, sandwiching, or fee grabbing.
The full flow, solver logic, and outcomes are observable—like watching a sushi chef at work.
• Pluggable Solvers: Anyone can integrate their own solvers, sparking competition that leads to better, faster, and cheaper results.
• Open Source:
Why this matters:
• It empowers DeFi with enhanced capabilities.
• Developers can build tailored solvers.
• It curbs MEV front-running.
• It offers transparent, native, and cross-chain solutions.
Rujira101 breaks it down: Ruji Trade is set to address it head-on (worth reading in full).
"Sorry for the delayed response—we were busy preparing shrimp.
Here’s an overview on why intents are revolutionizing DeFi in a brilliant way:
TL;DR:
• Intent = “I need to swap BTC for ETH without worrying about the details — just secure the best rate.”
• Intent-solver = The mechanism that executes the
swap on your behalf. Think of it as the ride-hailing service for swaps: express the destination, and the top decentralized "driver" navigates you there without needing route specifics or gas concerns.
Even though “intents are cool,” many remain cumbersome, off-chain, or overly centralized.
Rujira is developing a cleaner solution that’s:
• Fully on-chain
• Open-source
• Supports pluggable intent-solvers
Breaking it down:
• What exactly is an intent?
Imagine stating “bridge $100 from Avalanche to Arbitrum safely and affordably” — akin to wanting coffee and letting a delivery service choose the best café.
Yet today, many intent systems are:
• Off-chain and opaque
• Dependent on centralized solvers vulnerable to MEV
• Permissioned and not widely adaptable
You express a swap desire but must trust someone else to follow through.
What’s more, many solvers operate like exclusive clubs. Existing examples include systems where private solvers, off-chain logic, or permissioned actors handle the order—leaving room for front-running, sandwiching, or fee grabbing.
This is where Ruji Trade shifts gears:
It offers a fully on-chain, pluggable, open-source intent-solver approach.
• 100% On-Chain: Every step is transparent.
The full flow, solver logic, and outcomes are observable—like watching a sushi chef at work.
• Pluggable Solvers: Anyone can integrate their own solvers, sparking competition that leads to better, faster, and cheaper results.
• Open Source:
With the code out in the open, everyone can audit, learn, or improve the system.
Submitting an intent on Ruji Trade means:
Letting the top solution execute it on-chain for optimal pricing and clear results
It’s simply intent leading straight to outcome—no intermediaries.
Why this matters:
• It empowers DeFi with enhanced capabilities.
• Developers can build tailored solvers.
• It curbs MEV front-running.
• It offers transparent, native, and cross-chain solutions.
This isn’t just a better user experience—it’s an entire DeFi reinvention."