/biz/ - Business & Finance

DEXG. It's a new exchange being developed with some impressive technological features, like a unique AMM that doesn't rely on oracles and reduces slippage to near 0, and single-token liquidity pools backed by a shared WETH pool to reduce or eliminate impermanent loss. The exchange is set to come out Q1, so basically within the next 3 weeks.

Market cap is still phenomenally low (only around 16 million). This is low for an exchange governance token as you can see from the attached chart. 50-100x is pretty reasonable, since even 100x would put it below Balancer's current market cap (this image is a bit out of date).

Here's some further reading for you:
https://www.publish0x.com/kaptn-doges-treasure-cove/the-bull-case-for-the-dextoken-protocol-dollar-dexg-xgdmdpn
https://0fajarpurnama0.medium.com/can-dexg-speculative-amm-minimize-price-manipulation-and-distribute-ownerships-97c468d791d2

I just like posting this to remind myself how much this is going to pump with just a working Dex launch, let alone a quality Dex.