ErgoDEX

Non-custodial, CLMM DEX operating across the Ergo and Cardano blockchains. Orderbook functionality is currently under development.

ErgoDEX operates on Concentrated Liquidity Market Maker, CLMM, principles allowing liquidity providers, LPs, to select a range in which their liquidity will be available, thus reducing their personal slippage risk.

Orders are executed off-chain by “Off-chain executors”. For the sake of efficiency orders are broken into two stages: Order creation and execution. Once an order is submitted in is executed off-chain by bots. Transactions are validated by an on-chain validation script.


The Ecosystem “Agents”

There are 5 economic agents in the ErgoDEX system:

Miners

Earn miner fees, paid in native tokens, for processing transactions.

UI Providers

Provide a better UI and earn fees, paid in native token, charged for each operation done via the UI.

Off-Chain Executors

Earn fees for executing orders in both CLMM and orderbook environments, with fees and rewards, paid in native tokens, differing for each method of exchange.

Liquidity Providers

Provide liquidity and receive protocol fees, paid in tokens, accumulated in liquidity pools.

Traders

Benefit from DEX services and pay fees on each trade.