Astroport is a meta AMM DEX built on Terra. Written from scratch in Rust, Astroport combines the best pieces of six years of development on the Ethereum blockchain and delivers it on Terra. It supports two liquidity pool types:

• Uniswap’s Constant Product formula pools

• Curve’s StableSwap Invariant formula pools

It’s backward compatible with Terraswap message formats and features and a next-generation user interface. The marketplace never closes on Astroport. Anyone can set up a merchant stall by supplying liquidity in a pool. Then, anyone else can trade against those tokens at any time. Optimized to be flexible and adaptable, Astroport will attract deep pools with significant trading volumes. That means its launch will have implications for many other upcoming Terra 2.0 projects as well. It will do that by among other things:

• Integrating liquidity mining programs for new Terra tokens including those that adopt dual rewards

• Generating key data/oracle prices for other projects including credit protocols like Mars

• Serving as the backbone for index products or baskets of tokens

• Supplying liquidity to wallets and trading aggregators that access liquidity from multiple DEXes

• Serving as the underlying liquidity layer for yield farming protocols

Other Terra-based dapps can integrate Astroport liquidity directly into their platforms. That means traders throughout the Terra ecosystem always have access to your liquidity.

Historical event: Astroport has migrated to the new Terra 2.0 chain. More info: https://astroport.medium.com/astroport-terra-2-0-a-new-path-forward-b7b328171e4b. You can visit new token page here: https://cryptorank.io/price/astroport-fi.