Mango (MNGO) is a token of a decentralized exchange on the Solana blockchain, which uses Serum DEX for spot margin trading, while perpetual futures are traded in the project's own order book. It has low latency, low transaction cost and full decentralization.

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FTX co-founder Gary Wang testified in court that SBF allowed Alameda to execute orders faster on the FTX, have unlimited withdrawals of funds, and be allowed to maintain negative balances. When FTX crashed, Alameda had withdrawn $8 billion from the FTX and $65 billion from its…

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Exactly why we need fully onchain exchanges (including matching engine, not dydx style) where everything is transparent. AFAIK the only chain that allows fully onchain orderbooks is @solana
@mangomarkets @ZetaMarkets @DriftProtocol @ellipsis_labs @openbookdex