Taker
Takers initiate trades by submitting swap intentions and co-signing final PSBTs. This role encompasses all users seeking to execute trades within the protocol ecosystem.
Trading Process
Intent to Settlement Workflow:
Intent Submission
Specify trading parameters including assets, amounts, and slippage tolerance
Validation and optimal routing calculation by Nexus Composer
Quote Review
Evaluate proposed execution including price impact and total costs
Real-time breakdown showing routing across liquidity sources
PSBT Verification
Review final transaction details and confirm acceptable terms
Complete transaction preview with all inputs, outputs, and fees
Settlement Approval
Provide final signature authorizing transaction execution
Broadcast to Bitcoin network and confirmation monitoring
User Experience Features
Risk Management Tools:
Slippage Protection: Configurable tolerance levels with embedded transaction safeguards
Fee Transparency: Complete cost breakdown including network fees and protocol charges
Execution Preview: Detailed transaction analysis before commitment
Deadline Controls: Time-based expiration preventing stale execution
Interface Options:
Web Application: Full-featured trading interface accessible via standard browsers
Mobile Optimization: Responsive design supporting mobile wallet integration
API Access: Programmatic trading capabilities for advanced users and integrations
Wallet Integration: Direct support for major Bitcoin wallets and hardware devices
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