Fluid DEX Announced on June 19 as Powerful, Capital-Efficient Exchange with $39 in LP

Jun 19, 2024, 02:30 PM

On June 19, Fluid DEX was announced as a powerful, capital-efficient, and scalable decentralized exchange built on top of Fluid's Liquidity Layer. This new DEX allows traders to generate up to $39 in LP per $1 in TVL, achieving a centralized exchange level of liquidity. The platform is designed to satisfy various DeFi users, including money market users, liquidity providers (LPs), and those who wish to engage in both activities. Fluid DEX represents a significant paradigm shift in the DeFi landscape, merging the functionalities of money markets and decentralized exchanges.