tl;dr: we explore a theoretical Ethereum CLOB DEX protocol that leverages
Flashbots to enable traders to place orders that live off-chain and pay no gas
fees unless the order trades and settles on-chain.
The issue with gas-expensive blockchains and CLOB
Today, most DEX protocols operate with passive liquidity provision and explicit
AMM pricing curves (xyk, stableswap). This design allows for market makers to be
entirely hands-off while providing liquidity and facilitating price discovery.
Howev
