Transactions on Kyber are fully on-chain and thus fully transparent and verifiable.
DeFi’s first automated DMM offers major advantages over other liquidity platforms - providing extremely high capital efficiency via amplified pools and reducing the impact of impermanent loss via dynamic fees.
Fees adjust based on market conditions (trade volume and price volatility) to reduce the impact of impermanent loss and maximise returns for liquidity providers.
Liquidity pool creators can customize the price curve based on the nature of the token pair to create amplified pools that greatly improve capital efficiency and provide lower slippage for takers.
Permissionless Liquidity Contribution
Anyone can provide liquidity by depositing tokens into various pools and any taker (Dapps, aggregators, end users) can source liquidity from Kyber DMM.
“We have been working closely with the Kyber team on their crypto-economic re-design and transition to a DAO with Katalyst. Kyber’s growth trajectory and breadth of integrations across the DeFi stack are impressive, as it evolves to become a liquidity protocol for the ecosystem.”
“Working with the Kyber team has been an efficient and pleasant experience. They gave us professional and responsive support on every question we have raised regarding their trading contract and market making on the Ethereum network.”
“DV Chain has worked closely with Kyber Network to help bridge the gap between traditional trading and DeFi. We strongly believe that the solutions Kyber is building are of great importance to our industry and to the future of the digital economy.”