Like other exchanges, DefiPlaza offers trades between tokens by functioning as an Automated Market Maker (AMM).

What makes DefiPlaza special are single-contract, highly optimized DEXs, designed to offer the lowest possible trade cost to the end user. Gas costs per trade are the lowest in the industry, and thanks to the multi-token set up very capital efficient, while Impermanent Loss is minimized.

We currently have two multi-token pools, focussed on blue chip tokens and stable tokens. For each trade we automatically select the pool that would result in the lowest trade fee.

When the Radix Babylon network becomes available, DefiPlaza will be one of the first DEXs. On Radix we will aim to have the most capital efficient multi-token AMM that we can build, while actively reducing IL, adding more advanced features since gas costs are no longer a concern.