All of the decentralized exchange have a coin or intermediate point. (e.g . Next has nxt token etc ) and so applies for other current decentralized implementation. A decentralized marketplace has to be network dependent for its functions and not dependent of coin / token for its functions. The Proposed Decentralized exchange is network dependent for its functions.
Basic Functions of exchange are -
Order books - Open / executed order.
Rate determination.
Getting order / price determining mechanism over the network would mean making a different ecosystem altogether.