The tweet was deleted by the author.
But we saved everything 🙂.
Jayendra Jog, co-founder and CEO at Sei Labs, points out that many onchain trading venues do not prioritize cancel orders, instead queuing them behind new orders.
Jog argues this approach results in a poor user experience compared to traditional finance, where the lesson has already been learned, and says that this lag can lead to unnecessary costs for both retail and institutional traders.
Jog has previously highlighted the role of onchain markets in enabling 24/7 price discovery, pointing to the potential for tokenized equities in international markets, as stated in a past article. In a separate update, he commented on Monad's release of its multi-proposer protocol whitepaper, which seeks to enhance blockchain consensus, according to another article. Both developments reflect ongoing infrastructure advances within the digital asset sector.