With Dfyn nodes spread across multiple Layer 1 and Layer 2 blockchains, Dfyn will act as a multi-chain DEX. This will allow Dfyn to plug into a liquidity super-mesh, enabling users to perform their asset trades seamlessly on several blockchains from a single interface. Dfyn will also build a decentralized swap station to swap large assets natively like BTC, ETH, ADA in a non-custodial way.
An ultra-fast gasless AMM optimized for the multi blockchain universe, Dfyn AMM will address traditional AMM issues, such as impermanent loss, as well as provide enhanced trader analytics.
Dfyn will utilize Router Protocol’s cross-chain bridges to seamlessly allow communication and value-transfer between different Dfyn nodes.
Currently a multi-chain DEX, Dfyn will evolve into a cross-chain DEX in the coming future where users will be able to trade on any blockchain network, say Ethereum from any other blockchain network, say BSC. For example a user with 2000$ on his Ethereum wallet will be able to buy 1 Ether on BSC using Dfyn. With so many users in industry familiar with the AMM model — it becomes of essence that all new chains support a AMM based DEX and Dfyn is offering exactly that. The Dfyn AMM will be able to cater both types of trades — the user will be able to limit their trades to be filled within a single chain or the user can also explore multi-chain trades. All within the same UI.
In the future, we intend to launch first-of-its-kind Layer 2 launchpad which will allow creators to:
launch tokens on multiple chains
get listed on Dfyn
initiate farming plays and vesting with no code tools
stake contracts on Dfyn
undertake creatively designed Layer 2 IDO strategies in the absence of high ETH fees