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
Info
  • Website
  • Token: DFI
  • Tags: Market Making
Key Metrics
  • TVL: $38.9M (Rank #103)
  • TVL Ranking by Market Making: #0
  • Blockchain: DefiChain
  • Chain TVL
    • DefiChain: $38.88M
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
DeFiChain BTC-DFI Market Making
6.3%
Yield
$17M
TVL
Risk
F
Chain
DeFiChain
DeFiChain DFI-USD Market Making
4.6%
Yield
$5M
TVL
Risk
F
Chain
DeFiChain
DeFiChain ETH-DFI Market Making
10.6%
Yield
$5M
TVL
Risk
F
Chain
DeFiChain
DeFiChain DFI-USD Market Making
6%
Yield
$527K
TVL
Risk
F
Chain
DeFiChain
DeFiChain USD Market Making
23.7%
Yield
$359K
TVL
Risk
F
Chain
DeFiChain
DeFiChain USD Market Making
27.7%
Yield
$281K
TVL
Risk
F
Chain
DeFiChain
DeFiChain DFI-USD Market Making
6%
Yield
$255K
TVL
Risk
F
Chain
DeFiChain