Currencies35336
Market Cap$ 4.36T-1.78%
24h Spot Volume$ 103.55B+4.28%
DominanceBTC55.41%+0.68%ETH11.91%-1.72%
ETH Gas1.61 Gwei
Cryptorank
Open report modalReport issue
Bidask Protocol

Bidask Protocol  

9 Watchlists

DeFi

Status

General Info

Funds and Backers

Description

Bidask Protocol is a DEX with concentrated liquidity on the TON blockchain.

What is Bidask Protocol?

Bidask Protocol is a DEX with concentrated liquidity on the TON blockchain.

Bidask enables users to provide liquidity with a unique number of tokens in each bin, referred to as a custom shape of liquidity, all within a single transaction. This approach allows for greater concentration of liquidity, enhancing its efficiency, while also offering the flexibility to configure the desired average price of a position and potential impermanent loss in alignment with individual financial strategies.

Although the custom shape can take any form, Bidask offers the most popular liquidity shapes as ready-made setups, including spot, curve, and bid-ask shapes.

Trending Coins and Tokens Flame icon