what's SmarDex?
SmarDex is a decentralized exchange (DEX) protocol designed to optimize liquidity provision and trading efficiency in the DeFi space. It addresses common challenges like impermanent loss through innovative algorithmic mechanisms that dynamically adjust liquidity pools, ensuring better returns for providers while maintaining low slippage and fees for users. The platform supports cross-chain swaps and integrates advanced features such as perpetual contracts and synthetic assets. At its core, SmarDex employs a unique smart liquidity model that mathematically balances positions to minimize risks associated with price volatility. This allows liquidity providers to earn yields without traditional drawbacks, while traders benefit from competitive execution. The protocol is fully on-chain and decentralized, emphasizing transparency and resistance to manipulation. SmarDex is expanding into a comprehensive DeFi ecosystem, including tools like a delta-neutral synthetic dollar (USDN) and leveraged positions on assets like wstETH. Its native governance and utility token facilitates participation in incentives, staking, and protocol decisions.
SmarDex reached $1.66M TVL via perpetuals and Hyperliquid funding rate arbitrage strategies.
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Reached $1.66M in TVL across perpetuals and Hyperliquid funding rate arbitrage strategies.
Completes veFXN round on Votemarket with $26K in total rewards distributed across 8 campaigns alongside 5 other active protocols.
Deposits $1,000 in SDEX incentives on Penpie's Voting Market, offering vlPNP voters 11% APR for supporting the wstUSDN pool.
Deposits $4,100 in SDEX incentives on Penpie's Voting Market, offering vlPNP voters 50% APR for supporting the wstUSDN pool this epoch.
Deposits $1,720 in SDEX incentives on Penpie's Voting Market, offering vlPNP voters 18% APR for supporting the wstUSDN pool.
Allocates $1,950 in SDEX incentives to Penpie's Voting Market, offering 10% APR for vlPNP voters supporting the pool in the current epoch.
Joins veFXN campaign on Votemarket platform, contributing to approximately $42K in weekly deposits across 6 campaigns from 5 protocols to attract veFXN votes for fxUSD liquidity.
Increases Penpie incentive allocation to $8,530 in SDEX for Epoch 120's wstUSDN pool, securing 2nd place among all participating protocols with nearly triple the previous epoch amounts.
Participates in $FXN gauge incentive program worth over $70K total alongside six other projects, with voting rounds active on StakeDAO and Trevee platforms after Votium round ended.
Allocates $2,350 in SDEX incentives to Penpie's Voting Market, offering 33% APR for vlPNP voters supporting the wstUSDN pool in the current epoch.
Allocates $3,150 in SDEX incentives to Penpie's Voting Market, offering 99% APR for vlPNP voters supporting the wstUSDN pool this epoch.
New integration with Penpie platform allows users to deposit LP tokens for enhanced PENDLE yields exceeding 66% APY.
Major centralized exchange listing is pending for the project.
Ekubo outperforms other platforms with 4x higher trading volume, while maintaining competitive LP rewards of 15-20%.
First bribe claims now available for LQTY stakers who supported protocol initiatives.
EkuboProtocol secures 4.39% of votes with 1,500 BOLD rewards, commits to 11-week incentive program.
PIL bribe system achieves 1.7x return with $1k SDEX yielding 1,773 BOLD; new initiatives launching with EkuboProtocol and Protocol FX.
New BOLD/USDC pool launches on EkuboProtocol with PIL-supported LP incentives.
Protocol Incentive Layer goes live with initial $1k SDEX bribe for LQTY staker votes.
Major liquidity expansion through new incentivized pools on three DeFi platforms with PIL-driven sustainable rewards.
New Balancer incentivized pool launching with gauge bribing mechanism for improved liquidity and yields.
USDN synthetic dollar launches on Spectra with $250k+ liquidity, offering fixed rates and leveraged yield exposure.