DeFiChain DEX
Market Making
DeFiChain DEX is a constant-product AMM built on the DeFiChain network.
Risk Rating
Watch Out
Protocol Code Quality
Protocol Maturity
Protocol Design
Summary
Information
Exploit/Hacks
None
- Documentation
- Auditors
- Please see our FAQ on experienced auditors
Info
- Website
- Token: DFI
- Tags: Market Making
Key Metrics
- TVL: $40.2M (Rank #98)
- TVL Ranking by Market Making: #0
- Blockchain: DefiChain
- Chain TVL
- DefiChain: $40.24M
Risk Assessment
Watch Out
Protocol Code Quality
- Code not reviewed by any experienced auditors
- Public team promotes accountability
- No documented protocol hacks since launch
Protocol Maturity
- Core protocol launched in 2020; maturity over one year minimizes technical risk as smart contracts are well battle-tested
- Top 5% by total value locked reduces risk
- Requires members of a DAO to vote on-chain for approving contract upgrades
- At least one moderate governance issue documented
- Highly concentrated voting power increases risk
Protocol Design
- Protocol could be susceptible to negative feedback loops
- This protocol is susceptible to risks related to decentralized exchanges (DEXs), such as impermanent loss
Things to know about DeFiChain DEX
DeFiChain DEX Pools
