Like other exchanges, DefiPlaza offers trades between tokens by functioning as an Automated Market Maker (AMM).
What makes DefiPlaza special are highly optimized DEXs, designed to offer the lowest possible trade cost to the end user. Gas costs per trade are the lowest in the industry, and thanks to the multi-token set up very capital efficient, while Impermanent Loss is minimized.
We currently have two multi-token pools on Ethereum, focussed on blue chip tokens and stable tokens. For each trade we automatically select the pool that would result in the lowest trade fee.
On Radix we launched a DEX specifically designed to reduce the risk of Impermanent Loss and help make DeFi sustainably profitable.
The MultiPlaza pool is a 16-token pool of blue chip tokens on Ethereum and is 15 times more capital efficient than traditional pair-based DEXs, offering up to 15 times more fees per unit of liquidity at the same trading volume.
like an ETF fund.
than any other DEX.
The StablePlaza pool is a 4-token pool of stable tokens on Ethereum and takes the same highly optimized approach as the DefiPlaza pool to provide cheaper trades, with an even lower transaction fee of 0.03% of the value traded. Thanks to the stablecoins, Impermanent Loss is minimized.
with minimal Impermanent Loss.
and receive 33% of the fees.
The RadixPlaza DEX is specifically designed to reduce the risk of Impermanent Loss and help make DeFi sustainably profitable, by treating trades that increase Impermanent Loss differently from trades that reduce Impermanent Loss.
with our innovative CALM algorithm.
or create your own pair on Radix.
Past
Going back to the fundamentals of swapping tokens, DefiPlaza was deployed as the most cost-effective DEX on Ethereum. With 120 trading pairs, the lowest gas costs and very low fees it has since brought the best deal in DeFi to our users.
Users of the 1inch aggregator can now use DefiPlaza to swap with even lower fees. The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space.
Based on requests from the community and with the help of a professional designer, the website and trading app are redesigned to the highest standard. A clean mix of modern DeFi design with ancient Greek elements will give the project a recognisable visual brand.
Next to supporting MetaMask, we will launch our implementation of the popular WalletConnect standard. Enabling more wallets for our users both on desktop and mobile.
Taking the same gas saving engineering approach as DefiPlaza, we will deploy a multi-token exchange based around swapping stable tokens. This will take the record-low costs of DefiPlaza and combine them with dedicated stable coin bonding curves.
Future
Before launching a DEX on the Radix DLT after the Babylon launch, a bridge will be created to make it possible to move DFP2 from Ethereum to Radix (and vice versa soon after launch).
The RadixPlaza DEX is specifically designed to reduce the risk of Impermanent Loss and help make DeFi sustainably profitable, by treating trades that increase Impermanent Loss differently from trades that reduce Impermanent Loss.
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