Dextr is excited to announce its upcoming deployment on BNB Chain, bringing the world’s first Actively Validated Market Maker (AVMM) to one of the most robust blockchain ecosystems. Known for its fast transaction finality, low gas fees, and growing user base, BNB Chain offers the ideal environment for Dextr’s mission to revolutionize decentralized finance (DeFi). As we expand into the multi-chain landscape, starting with BNB Chain, we aim to redefine liquidity and trading experiences for DeFi participants.
Why BNB Chain?
BNB Chain continues to stand out as a leading force in the blockchain space. Currently, it ranks as the third largest chain by DEX trading volume, thanks to its dynamic and growing ecosystem. According to recent trends, BNB Chain sees around 25 million transactions per week and supports an impressive 3.73 million weekly active addresses. With a Total Value Locked (TVL) of $4.5 billion, it’s a thriving hub for decentralized finance (DeFi), which makes it a natural fit for Dextr’s AVMM technology.
Furthermore, with over 1,500 decentralized applications (DApps) already built on the network, BNB Chain offers both liquidity and a growing user base that will significantly benefit from the enhanced trading capabilities Dextr will bring. With meager gas fees of just $0.01 per transaction, BNB Chain provides the ideal environment for seamless, cost-effective, and secure trading.
What is Dextr’s AVMM?
Dextr is launching the world’s first Actively Validated Market Maker (AVMM) with built-in MEV insurance and adaptive liquidity management powered by EigenLayer. It tackles major flaws in traditional AMMs, including low capital efficiency, poor price discovery, idle liquidity, high operational costs, MEV exploits, and the need for active liquidity management.
Traders and LPs can benefit from a more secure, efficient, and rewarding experience on Dextr.
Benefits for Liquidity Providers: Dextr eliminates losses from Loss versus Rebalancing (LVR) and Impermanent Loss (IL). It reduces inactive liquidity and removes the need for active management. LP returns increase by over 7%, while operational costs fall by more than 50%.
Benefits for Traders: Dextr supports intent-based trading with zero or even positive slippage. It provides up to 100% fee discounts and full compensation for losses from front-running and sandwich attacks, all secured by zero-knowledge proofs.
Moreover, Dextr is poised to reshape the AMM landscape with the introduction of ‘Universal Hooks’ that can enable inter-AMM settlements
Conclusion
With its multi-chain strategy, beginning with BNB Chain, Dextr is set to transform the DeFi landscape by delivering a more profitable and secure experience for traders and liquidity providers. Stay tuned for more updates as we prepare for launch on BNB Chain and expand across additional blockchain ecosystems.
