DeFi

Avalanche-based DEX Trader Joe Officially Launched On Arbitrum One

Key Points:

  • The Arbitrum One ecosystem received the centralized liquidity AMM “Liquidity Book” as part of Trader Joe’s official launch of the Arbitrum network.
  • Early in 2023, the DEX is anticipated to go live on the Arbitrum One mainnet.
  • The DEX has a track record of collaborating with the leading protocols in the industry and is prepared to make its debut on Arbitrum in order to forge potential alliances.
The Avalanche-based decentralized exchange (DEX) Trader Joe officially launched the Arbitrum network, introducing the centralized liquidity AMM “Liquidity Book” into the Arbitrum One ecosystem.

The DEX is expected to launch on the Arbitrum One mainnet in early 2023.

The most effective AMM in DeFi is Liquidity Book, which provides traders with zero slippage swaps, volatility-adjusted dynamic fees, and true freedom for liquidity providers. All are created on top of an architecture that permits composability and makes it possible for Liquidity Book to serve as a building block for all dApps.

Project leaders who want to unleash the power of active liquidity provisioning have expressed a desire to integrate or build strategies on Arbitrum’s Liquidity Book.

In order to launch additional markets on the DEX, integrate new tokens into the ecosystem, and commence the swift integration of Liquidity Book, Trader Joe is closely collaborating with a number of significant partners on Arbitrum.

The DEX has a history of working with the top protocols in the field, and it is ready to debut on Arbitrum in order to reach prospective alliances.

A one-stop decentralized trading platform, Trader Joe is also the inventor of Liquidity Book, the most effective AMM in DeFi. It provides a thorough DeFi platform where users may trade, lend money, use leverage, take part in launchpads, and buy NFTs.

According to reports, Trader Joe was put into operation on Avalanche on July 4, 2021, and is the biggest DEX and loan service provider on the network.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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