what's Ramses Exchange?
Ramses Exchange is a decentralized exchange (DEX) operating on the Arbitrum network, designed to provide efficient liquidity and trading for users in the DeFi space. Inspired by established protocols like Curve Finance, it features concentrated liquidity pools that minimize slippage and optimize capital efficiency for liquidity providers. The platform employs a vote-escrow governance model, where users can lock RAM tokens to receive veRAM, granting voting power on emissions and incentives for selected pools. The core mechanics revolve around automated market makers (AMMs) tailored for stablecoins and volatile assets, allowing participants to earn trading fees proportional to their liquidity contributions. Governance decisions, such as reward allocations and pool boosts, are determined by veRAM holders, fostering community-driven development. Ramses also integrates with broader Arbitrum ecosystem tools for seamless bridging and yield optimization. As an open-source protocol, Ramses emphasizes security through audits and immutable contracts, enabling users to interact via its intuitive interface or integrate through APIs for advanced strategies like yield farming across multiple pools.
Ramses Exchange upgraded HyperEVM, automating bribe conversion to user's choice tokens and weekly voting.
contract
arbitrum-one
Operates a WHYPE–USD₮0 concentrated liquidity pool on Hyperliquid L1 with $257,374 TVL, achieving 781.72% current APY and 1,068.75% 30-day average APY.
Launched an upgrade on HyperEVM that automatically converts voting bribes to a token of the user's choice (HYPE, USDC, or USDT) and automates weekly voting based on fee generation.
Competitor Nest Exchange overtakes Ramses in TVL after Nest crossed 10m in total value locked on HyperEVM.
Price increased 250% in less than 30 days.
Airdrop actively yields one hype token per epoch as passive income.
RAM airdrop launches tomorrow for hypurr holders with 20% of supply allocated to them.
Governance mechanisms activate in coming weeks to increase yield basis. Upcoming events include a ramses drop, dromos event, and Samsara coming online.
Token launching on Hyper EVM chain with current 3.5M market cap.
Active security breach reported. Avoid any interactions with protocol.
$120,000 competitive audit results announced, with rileyholterhus securing nearly half of total prize pool.