Description
Ambient, previously known as CrocSwap, is a pioneering project in the DeFi sector, offering a multi-chain liquidity protocol to facilitate cross-chain asset liquidity seamlessly across various blockchains. It utilizes a decentralized cross-margining system that supports a broad spectrum of digital assets and derivatives, allowing users to trade and leverage positions across multiple chains without requiring separate collateral for each. The project aims to increase capital efficiency and reduce user transaction costs by consolidating fragmented liquidity pools through smart contract technology and decentralization, ensuring secure, transparent, and efficient operations. Ambient also stands out by running as a decentralized exchange (DEX) protocol that combines two-sided AMMs with concentrated and ambient constant-product liquidity for any blockchain asset pair, operating efficiently within a single smart contract on the Ethereum platform. This unique approach positions Ambient as the most efficient Ethereum-based DEX by optimizing its design to lower operational costs and streamline user experience in the DeFi space.
Ambient, previously known as CrocSwap, is a pioneering project in the DeFi sector, offering a multi-chain liquidity protocol to facilitate cross-chain asset liquidity seamlessly across various blockchains. It utilizes a decentralized cross-margining system that supports a broad spectrum of digital assets and derivatives, allowing users to trade and leverage positions across multiple chains without requiring separate collateral for each. The project aims to increase capital efficiency and reduce user transaction costs by consolidating fragmented liquidity pools through smart contract technology and decentralization, ensuring secure, transparent, and efficient operations. Ambient also stands out by running as a decentralized exchange (DEX) protocol that combines two-sided AMMs with concentrated and ambient constant-product liquidity for any blockchain asset pair, operating efficiently within a single smart contract on the Ethereum platform. This unique approach positions Ambient as the most efficient Ethereum-based DEX by optimizing its design to lower operational costs and streamline user experience in the DeFi space.