{"id":8999,"date":"2021-04-07T11:37:25","date_gmt":"2021-04-07T11:37:25","guid":{"rendered":"https:\/\/www.antiersolutions.com\/?p=8999"},"modified":"2024-12-27T10:41:36","modified_gmt":"2024-12-27T10:41:36","slug":"why-are-traders-moving-to-hybrid-crypto-exchanges","status":"publish","type":"post","link":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/","title":{"rendered":"Why are Traders Moving to Hybrid Crypto Exchanges?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<p>In Q3 of 2020, the trading volumes of decentralized exchanges (DEX) witnessed a massive growth (88%) and outpaced CEX where the trading volume market share reduced significantly.<\/p>\n<p>According to the report published by popular crypto data aggregator Coingecko, DEX volume stands at 6% of CEX. Quite evidently, crypto traders are exploring new possibilities in the exchange space. And that is why hybrid cryptocurrency exchange development is gaining momentum among traders and services providers.<\/p>\n<h4><strong>Hybrid Crypto Exchanges Are on the Rise<\/strong><\/h4>\n<p>2020 has been the year of DeFi hype. To make the most from farming frenzy and crypto rally, traders kept juggling between the CEXs and DEXs. To fill the gaps, services providers are proactively looking for hybrid crypto exchange software that provides the benefits of both CEXs and DEXs into one. This means hybrid exchanges offer traders the liquidity and functionality of a CEX and top it with the security and privacy of a DEX.<\/p>\n<h4><strong>Features of Hybrid Crypto Exchange Software<\/strong><\/h4>\n<p><strong>Management of Liquidity<\/strong><br \/>\nWhile the centralized exchanges maintain good liquidity by injecting enormous capital, DEXs are dependent on the number of users for the same. When a DEX is new, the users are less and the liquidity is low leading to major issues like price slippage. Fortunately, the hybrid exchange space has adopted the liquidity management of centralized exchanges. Moreover, <strong><a href=\"https:\/\/www.antiersolutions.com\/cryptocurrency-exchange-development-company\/\" target=\"_blank\" rel=\"noopener\">hybrid cryptocurrency exchange development<\/a><\/strong> services ensure that it sets up complete information about the order book in a transparent manner.<\/p>\n<p><strong>Escrow Control<\/strong><br \/>\nEscrow is a legal concept that is used to control and protect digital assets. A hybrid cryptocurrency exchange uses an escrow to hold the assets being exchanged by two counterparties. While it acts like a third-party guarantor, it also controls the entire process of exchange of assets. This is the method by which a hybrid crypto exchange operator ensures the user&#8217;s assets remain secured.<\/p>\n<p><strong>Creation of Atomic Swap Exchange<\/strong><br \/>\nA hybrid exchange uses a smart contract to exchange one crypto asset for another without the involvement of a third party. This smart contract is known as atomic swap and it enhances the security of the underlying trade. Along with that, it enables faster trading of less liquid assets too.<\/p>\n<h4><strong>Benefits of a Hybrid Crypto Exchange<\/strong><\/h4>\n<p>\u00b7 Hybrid exchanges are designed to be faster than DEXs and support real-time service access.<br \/>\n\u00b7 Users seek complete ownership of their funds even when the third parties regulate and operate the exchange.<br \/>\n\u00b7 Hybrid exchanges provide complete privacy and anonymity to the exchange users.<br \/>\n\u00b7 They are compliant with different digital currency laws in different jurisdictions.<br \/>\n\u00b7 Protect users\u2019 assets from hacks as the assets are stored in cold storage.<\/p>\n<p><strong>The complete process of Hybrid cryptocurrency exchange development<\/strong><\/p>\n<p><strong>Ideation<\/strong><br \/>\nAntier Solutions houses a team of blockchain experts who help you identify your requirements. Once these are identified, we conduct thorough market research to establish the viability of the idea, analyse the competitors in the space and determine the development strategy.<\/p>\n<p><strong>Architecture design<\/strong><br \/>\nOur development team and strategists sit together to brainstorm how the final hybrid exchange must operate in the backend and how it should look on the frontend.<\/p>\n<p><strong>Development<\/strong><br \/>\nFollowing a rigorously planned structure, the development starts building a hybrid exchange from scratch or using a white label exchange development script.<\/p>\n<p><strong>Testing<\/strong><br \/>\nWith an in-house team of testers we ensure, the product goes through the cycle of unit testing, integration testing, regression testing, and more.<\/p>\n<p><strong>Deployment<\/strong><br \/>\nOnce the final product is ready, it is deployed in production and our team provides extensive post-deployment support too.<\/p>\n<h4><strong>Takeaway<\/strong><\/h4>\n<p>Over years of <strong><a href=\"https:\/\/www.antiersolutions.com\/\" target=\"_blank\" rel=\"noopener\">blockchain development<\/a><\/strong>, we have mastered the art of a transparent development process and pricing. That is how we can deliver all-inclusive development support at the best prices. Needless to say, we are just a call away!<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>In Q3 of 2020, the trading volumes of decentralized exchanges (DEX) witnessed<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":1,"featured_media":9000,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1119,351,1928,1929],"class_list":["post-8999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-development","tag-hybrid-crypto-exchange","tag-hybrid-crypto-exchange-software","tag-hybrid-cryptocurrency-exchange-development","tag-white-label-exchange-development-script"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Explaining Hybrid Crypto Exchange Software - Best of CEXs and DEXs<\/title>\n<meta name=\"description\" content=\"Learn how hybrid crypto exchange software development cuts cost and increases trading volume.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Explaining Hybrid Crypto Exchange Software - Best of CEXs and DEXs\" \/>\n<meta property=\"og:description\" content=\"Learn how hybrid crypto exchange software development cuts cost and increases trading volume.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/\" \/>\n<meta property=\"og:site_name\" content=\"Antier Solutions\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiersolutions\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-07T11:37:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-27T10:41:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2021\/04\/hybrid.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"931\" \/>\n\t<meta property=\"og:image:height\" content=\"551\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Antier Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@antiersolutions\" \/>\n<meta name=\"twitter:site\" content=\"@antiersolutions\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Antier Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/\"},\"author\":{\"name\":\"Antier Team\",\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/#\/schema\/person\/2a0b462f1fcbeb315639b1f86b4d225a\"},\"headline\":\"Why are Traders Moving to Hybrid Crypto Exchanges?\",\"datePublished\":\"2021-04-07T11:37:25+00:00\",\"dateModified\":\"2024-12-27T10:41:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/\"},\"wordCount\":625,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2021\/04\/hybrid.jpg\",\"keywords\":[\"Hybrid Crypto Exchange\",\"Hybrid Crypto Exchange Software\",\"Hybrid cryptocurrency exchange development\",\"white label exchange development script\"],\"articleSection\":[\"Crypto Exchange Development\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/\",\"url\":\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/\",\"name\":\"Explaining Hybrid Crypto Exchange Software - Best of CEXs and DEXs\",\"isPartOf\":{\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2021\/04\/hybrid.jpg\",\"datePublished\":\"2021-04-07T11:37:25+00:00\",\"dateModified\":\"2024-12-27T10:41:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/#\/schema\/person\/2a0b462f1fcbeb315639b1f86b4d225a\"},\"description\":\"Learn how hybrid crypto exchange software development cuts cost and increases trading volume.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#primaryimage\",\"url\":\"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2021\/04\/hybrid.jpg\",\"contentUrl\":\"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2021\/04\/hybrid.jpg\",\"width\":931,\"height\":551,\"caption\":\"hybrid\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.antiersolutions.com\/blogs\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why are Traders Moving to Hybrid Crypto Exchanges?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/#website\",\"url\":\"https:\/\/www.antiersolutions.com\/blogs\/\",\"name\":\"https:\/\/www.antiersolutions.com\/blogs\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.antiersolutions.com\/blogs\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/#\/schema\/person\/2a0b462f1fcbeb315639b1f86b4d225a\",\"name\":\"Antier Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2025\/08\/Antier-team-profile.png\",\"url\":\"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2025\/08\/Antier-team-profile.png\",\"contentUrl\":\"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2025\/08\/Antier-team-profile.png\",\"caption\":\"Antier Team\"},\"description\":\"Antier\u2019s editorial team combines industry research with practical expertise to publish high-impact content on Crypto, Tokenization, DeFi, NFTs, and Blockchain\",\"sameAs\":[\"https:\/\/www.antiersolutions.com\/blogs\",\"https:\/\/www.linkedin.com\/company\/antiersolutions\/\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Explaining Hybrid Crypto Exchange Software - Best of CEXs and DEXs","description":"Learn how hybrid crypto exchange software development cuts cost and increases trading volume.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/","og_locale":"en_US","og_type":"article","og_title":"Explaining Hybrid Crypto Exchange Software - Best of CEXs and DEXs","og_description":"Learn how hybrid crypto exchange software development cuts cost and increases trading volume.","og_url":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/","og_site_name":"Antier Solutions","article_publisher":"https:\/\/www.facebook.com\/antiersolutions","article_published_time":"2021-04-07T11:37:25+00:00","article_modified_time":"2024-12-27T10:41:36+00:00","og_image":[{"width":931,"height":551,"url":"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2021\/04\/hybrid.jpg","type":"image\/jpeg"}],"author":"Antier Team","twitter_card":"summary_large_image","twitter_creator":"@antiersolutions","twitter_site":"@antiersolutions","twitter_misc":{"Written by":"Antier Team","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#article","isPartOf":{"@id":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/"},"author":{"name":"Antier Team","@id":"https:\/\/www.antiersolutions.com\/blogs\/#\/schema\/person\/2a0b462f1fcbeb315639b1f86b4d225a"},"headline":"Why are Traders Moving to Hybrid Crypto Exchanges?","datePublished":"2021-04-07T11:37:25+00:00","dateModified":"2024-12-27T10:41:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/"},"wordCount":625,"commentCount":0,"image":{"@id":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#primaryimage"},"thumbnailUrl":"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2021\/04\/hybrid.jpg","keywords":["Hybrid Crypto Exchange","Hybrid Crypto Exchange Software","Hybrid cryptocurrency exchange development","white label exchange development script"],"articleSection":["Crypto Exchange Development"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/","url":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/","name":"Explaining Hybrid Crypto Exchange Software - Best of CEXs and DEXs","isPartOf":{"@id":"https:\/\/www.antiersolutions.com\/blogs\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#primaryimage"},"image":{"@id":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#primaryimage"},"thumbnailUrl":"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2021\/04\/hybrid.jpg","datePublished":"2021-04-07T11:37:25+00:00","dateModified":"2024-12-27T10:41:36+00:00","author":{"@id":"https:\/\/www.antiersolutions.com\/blogs\/#\/schema\/person\/2a0b462f1fcbeb315639b1f86b4d225a"},"description":"Learn how hybrid crypto exchange software development cuts cost and increases trading volume.","breadcrumb":{"@id":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#primaryimage","url":"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2021\/04\/hybrid.jpg","contentUrl":"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2021\/04\/hybrid.jpg","width":931,"height":551,"caption":"hybrid"},{"@type":"BreadcrumbList","@id":"https:\/\/www.antiersolutions.com\/blogs\/why-are-traders-moving-to-hybrid-crypto-exchanges\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.antiersolutions.com\/blogs\/"},{"@type":"ListItem","position":2,"name":"Why are Traders Moving to Hybrid Crypto Exchanges?"}]},{"@type":"WebSite","@id":"https:\/\/www.antiersolutions.com\/blogs\/#website","url":"https:\/\/www.antiersolutions.com\/blogs\/","name":"https:\/\/www.antiersolutions.com\/blogs","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.antiersolutions.com\/blogs\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.antiersolutions.com\/blogs\/#\/schema\/person\/2a0b462f1fcbeb315639b1f86b4d225a","name":"Antier Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2025\/08\/Antier-team-profile.png","url":"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2025\/08\/Antier-team-profile.png","contentUrl":"https:\/\/www.antiersolutions.com\/blogs\/wp-content\/uploads\/2025\/08\/Antier-team-profile.png","caption":"Antier Team"},"description":"Antier\u2019s editorial team combines industry research with practical expertise to publish high-impact content on Crypto, Tokenization, DeFi, NFTs, and Blockchain","sameAs":["https:\/\/www.antiersolutions.com\/blogs","https:\/\/www.linkedin.com\/company\/antiersolutions\/"]}]}},"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/www.antiersolutions.com\/blogs\/wp-json\/wp\/v2\/posts\/8999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.antiersolutions.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.antiersolutions.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.antiersolutions.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.antiersolutions.com\/blogs\/wp-json\/wp\/v2\/comments?post=8999"}],"version-history":[{"count":1,"href":"https:\/\/www.antiersolutions.com\/blogs\/wp-json\/wp\/v2\/posts\/8999\/revisions"}],"predecessor-version":[{"id":45081,"href":"https:\/\/www.antiersolutions.com\/blogs\/wp-json\/wp\/v2\/posts\/8999\/revisions\/45081"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.antiersolutions.com\/blogs\/wp-json\/wp\/v2\/media\/9000"}],"wp:attachment":[{"href":"https:\/\/www.antiersolutions.com\/blogs\/wp-json\/wp\/v2\/media?parent=8999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.antiersolutions.com\/blogs\/wp-json\/wp\/v2\/categories?post=8999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.antiersolutions.com\/blogs\/wp-json\/wp\/v2\/tags?post=8999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}