Dfyn

Dfyn

Multi-chain smart trade engine offering optimal token paths with minimal slippage for expert and retail traders. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD13—20m (Dealroom.co estimates May 2021.)
Singapore Singapore (HQ)
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Dfyn.Network operates as a decentralized exchange (DEX) that leverages multi-chain compatibility to provide a smart trade finding engine. This engine identifies the best trade routes for users by comparing various token paths across different protocols, including Dfyn V1, V2, hRFQ, and other external decentralized exchanges (DEXes). The platform's advanced Automated Market Maker (AMM) is designed to be capital efficient, catering to both expert traders and retail users, regardless of trade size. Dfyn ensures competitive prices with minimal slippage, making it an attractive option for a wide range of traders.

Dfyn.Network serves clients in the cryptocurrency and blockchain sectors, focusing on traders who seek efficient and cost-effective trading solutions. The market it operates in is the decentralized finance (DeFi) space, which is known for its rapid growth and innovation.

The business model of Dfyn.Network revolves around transaction fees generated from trades executed on its platform. By offering a combination of an RFQ (Request for Quote) matching engine and a concentrated liquidity AMM, Dfyn provides a unique value proposition in the DeFi market.

Keywords: decentralized exchange, multi-chain, smart trade engine, token paths, minimal slippage, AMM, RFQ matching, concentrated liquidity, DeFi, competitive prices.