what's Amara?
Amara is a hybrid decentralized exchange (DEX) designed for synthetic climate and carbon markets, built within the Dione ecosystem on the Odyssey Layer 1 chain. It combines a perpetual trading engine with a native spot swap module (AmaraSwap) to provide on-chain access, liquidity, and volume for carbon-linked assets. Traders can speculate on carbon emissions through synthetic perpetuals using USDC collateral, with positions settled via decentralized oracles and liquidity provided through isolated vaults that earn protocol fees. The spot module functions like an AMM, enabling token swaps and liquidity provision with fee sharing. The $AMARA token enables revenue sharing for stakers and liquidity providers, with staking active on Odyssey to align incentives and participate in protocol fees. Liquidity is bridged seamlessly between Base and Odyssey, supporting cross-ecosystem use. Amara emphasizes KYC-free access, security, and real revenue generation over emissions, targeting the massive carbon and climate finance markets with modular, on-chain execution.
Links
x.com/amaraexchangeDeveloped by the Dione Protocol team as their second project
Token launches on Base on 2026-02-11.
Supports perpetuals trading for synthetic carbon markets.