NOTICE: SAIL IS STILL UNDER ACIVE DEVELOPMENT AND THE DOCUMENTATION IS SUBJECT TO CHANGE. THERE IS NO CURRENT PUBLIC DEPLOYMENT FOR SAIL EXCHANGE. IF YOU SEE ANYTHING THAT WOULD SUGGEST OTHERWISE PLEASE CONTACT THE SAIL TEAM. THE CARGO CRATE AND NPM PACKAGE REFERRED TO CANNOT BE DOWNLOADED AT THIS TIME.

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What is Sail?

Sail, is a Dercentralized Exchange(DEX) that’s designed from the ground up to be lightweight, composable, and extremely performant.
Current implementations of order books on-chain do not meet demand because they have low throughput, contribute heavily to state bloat, or are not fully decentralized. Sail is a Central Limit Order Book exchange built on the FuelVM. We take advantage of the FuelVM’s performance improvements to make for a better experience for traders. The exchange is fully on-chain permissionless and low state. To learn more read our intro article, Sail V1: An entirely decentralized, predicate based order book.

How is Sail an improvement?

Sail has a higher throughput, less state bloat, and is fully trustless, unlike existing DEXs. The table below outlines some of the differences:

Exchange TypeTrustlessCensorship ResistantCapital EfficientMinimize State
Sail
CEX××
0x/dYdX××
AMM (Uniswap)××