Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Wombat Exchange Launches First Single-Sided Volatile Pool AMM in DeFi
TRADING NEWS

Wombat Exchange Launches First Single-Sided Volatile Pool AMM in DeFi

By Crypto FlexsFebruary 2, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Wombat Exchange Launches First Single-Sided Volatile Pool AMM in DeFi
Share
Facebook Twitter LinkedIn Pinterest Email

Hong Kong, Hong Kong, February 2, 2024, Chainwire

Wombat Exchange, a leading multi-chain and cross-chain single-sided stablecoin swap, has announced the first single-sided volatile pool Automated Market Maker (AMM) algorithm in the decentralized finance (DeFi) space. This groundbreaking development ushers in a new era in DeFi and delivers the first oracle-free, user-friendly, single-asset deposit and capital-efficient trading environment for all asset classes, including GameFi assets. Early last month, Wombat unveiled its new Gamified Bribe Market 2.0 announcement and plans to expand GameFi through future collaborations with Animoca portfolio games.

This white paper was released following the remarkable performance of Wombat Exchange, which has achieved over $3 billion in trading volume to date using only fixed assets such as stablecoins, LST, and LRT. The new unilateral volatility asset pool is expected to transform Wombat Exchange into a full-service multi-chain and cross-chain decentralized exchange (DEX), expanding the platform’s trading reach, significantly increasing the platform’s TVL and trading volume. – Fixed volatility assets including crypto assets and GameFi assets.

The team has long been committed to capital efficiency and has focused on improving proprietary algorithms that support high trading volumes with minimal Total Value Locked (TVL) to provide users with sustainable, long-term returns. Because of this dedication, the platform has achieved notable results. In just two months since launch, Wombat Exchange has quickly established itself in the DefiLlama top 7 in terms of cumulative trading volume, outperforming industry giants such as SushiSwap on Optimism without any trading incentives.

Early last month, Wombat Exchange’s cross-chain swap functionality, built on Wormhole technology and supporting six blockchains: Ethereum, BNB Chain, Arbitrum, Optimism, Base, and Avalanche, moved from Alpha to Beta. With new volatility asset extensions of the battle-tested ultra-cap efficient Wombat algorithm, the platform is transforming into a full-service one-way deposit DEX and bridge with a variety of ultra-cap efficient algorithms for a variety of asset classes.

Introduction to Wombat Exchange

Wombat Exchange is the only single-side deposit, multi-chain and cross-chain DEX. Our proprietary ultra-capital efficiency algorithm provides (i) a full range of concentrated liquidity for fixed assets and (ii) oracle-free, single-sided LP for highly volatile assets. Backed by industry giants like Binance Labs, Animoca, Shima, and Jump Crypto, Wombat is here to bring sustainable DeFi to the masses.

Telegram | discord | Twitter

InquiryMarketingKWOMWombatmarketing@wombat.exchange

Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Why experts say that 99%of the traders are wrong

September 4, 2025

TOKEN2049 Singapore stops all records with the world’s largest Web3 event with 25,000 attendees in unprecedented demand.

September 3, 2025

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Why experts say that 99%of the traders are wrong

September 4, 2025

ChainUp Named Double Finalist At Thomson Reuters’ ALB Pan-Asian Regulatory Awards 2025

September 4, 2025

Integrated security classes can accelerate the adoption of institutional passwords.

September 4, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025

Acurast launches ‘Staked Compute’ and challenges AWS, Azure and Google Cloud using the distributed smartphone network.

September 3, 2025

Solana-packee blockchain manually spreads

September 3, 2025

Bybit Card Launches In Europe With Unmatched 20% Cashback

September 3, 2025

GiftlyCard.com Recognized As Verified And Secure By Independent Review Sites

September 3, 2025

Embodying “Simple Mining, Smart Gains” For Effortless Crypto Accumulation

September 3, 2025

TOKEN2049 Singapore stops all records with the world’s largest Web3 event with 25,000 attendees in unprecedented demand.

September 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Why experts say that 99%of the traders are wrong

September 4, 2025

ChainUp Named Double Finalist At Thomson Reuters’ ALB Pan-Asian Regulatory Awards 2025

September 4, 2025

Integrated security classes can accelerate the adoption of institutional passwords.

September 4, 2025
Most Popular

Ethereum Development Update 2015 / Week 41

April 24, 2024

3 signs that Shiba Inu (SHIB) is a ‘sleeping giant’ in the bull market

November 8, 2024

David Sacks tells Trump that the market mentions Altcoins, which is too much to read.

March 8, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.