💫Swap

Trade Fast & Highly Efficient between Tokens including Stableswaps, with Advanced Order Types & Cross-Chain

Exofi is an automated liquidity protocol first and foremost. This “Automated Market Maker” model (AMM) is the de facto standard in exchanging digital assets in a decentralized, yet easy and efficient way.

The AMM model, paired with the constant product formula delivers an elegant solution to the now extinct problem of users not having options to trade tokens permissionless, in a fully decentralized manner with no intermediaries to prioritize censorship resistance and security. In a nutshell, no actual ‘trading’ as we know it from TradFi happens - The AMM model at a fundamental level simply manipulates the supply of a given pair pool. When the user wants to swap, he basically deposits the token A, he wants to trade into the pool and in return receives a converted amount of token B back from the pool. It kickstarted the summer of DeFi and with it cemented the new Web3 revolution.

Currently we have a standard 0.3% fee in place on all trades across all pools. This will subsequently change, once we migrate to the next generation fusion grid, allowing a multitude of different configurations, optimized for every use case like a lowered 0.01% fee for concentrated liquidity pools for stablecoins for example (more on that in the future section in the corresponding “Fusion Grid” chapter). That is precisely, why in an AMM System the liquidity and its provision is paramount to the vitality of the DEX itself, the cashflow its literal lifeblood.

For reasons of increased capital efficiency for the liquidity provider, we not just have the "Quantum Flip" (our version of the "Swap") as our core engine, we also provide features like the "Phaser Canon" (a.k.a. Limit Orders). Find out more in the next chapters.