ApeSwap Launches on DefiEdge to Manage Concentrated Liquidity as DeFi’s New Industry Standard Takes OffExternal - Press Release
By: Defiedge •External PR
ApeSwap leverages DefiEdge to enable more efficient liquidity, lower slippage, and higher returns for Liquidity Providers on its decentralized exchange’s V3
[Singapore, 18th April] – ApeSwap, a leading decentralized exchange, and DefiEdge, a cutting-edge multi-chain asset management platform, announced a partnership to leverage the latest DeFi industry standard approach to liquidity positions, known as concentrated liquidity. DeFiEdge is also announcing its launch on Binance Smart Chain (BSC), which will provide users access to a wider range of DeFi services and applications, as well as an integration with PancakeSwap. This article briefly describes the DefiEdge Apeswap Integration.
ApeSwap, which made concentrated liquidity available on its exchange on April 4, will tap into DefiEdge’s suite of solutions that are custom-built for concentrated liquidity management to enable more efficient liquidity, lower slippage, and higher returns for LPs (Liquidity Providers).
“We could not be more excited to partner with DefiEdgeto grow our combined communities and leverage their liquidity management solutions,” Apewswap said in a tweet. “At this critical moment in DeFi’s evolution, having access to deep liquidity and powerful liquidity tools could not be more important.”
Defi entered a new era on April 1, when a software license expired for decentralized exchange Uniswap’s capital-efficient V3. The expiry has opened the way for similar solutions across the industry to provide liquidity concentrated around limited price ranges in a way that effectively creates a trading order book on-chain.
“Our partnership with ApeSwap will bring the power of concentrated liquidity to their platform,” stated DefiEdge Chief Marketing Officer, Nishchal Gaba. “By collaborating with ApeSwap, we’re looking to scale and attract new users to the platform while enabling more efficient liquidity management.”
V3 liquidity positions allow provision of liquidity within certain ranges, making them much more efficient in terms of earning trading fees than earlier V2 solutions. LPs set up concentrated positions, and users can trade against the combined liquidity of all of those individual concentrated positions. With ApeSwap, trading fees collected at a given price range are split pro-rata by LPs proportional to the amount of liquidity they contributed to the selected price range and fee option.
DefiEdge offers advanced liquidity management features not available in the native version of UniswapV3. With DefiEdge, users can access multiple price ranges, limit orders, private strategies, and Liquidity Mining (LM) rewards, all in a unified and seamless platform.
DefiEdge has also recently launched its suite of advanced liquidity management tools for protocols on the Binance Smart Chain. They offer automated liquidity management bots that can be conifgured to dynamically deploy liquidity around any price outlook which is provided as a feature for DefiEdge’s Automated Liquidity Optimization solution. With its automated liquidity optimization (ALO) technology and other key features, DefiEdge helps protocols manage their liquidity more efficiently and effectively.
ApeSwap is a decentralized finance platform offering a full suite of tools to explore and engage with the future of wealth building, overseen by the ApeSwap Decentralized Autonomous Organization. ApeSwap’s suite of bond products, from Liquidity Bonds that generate protocol-owned liquidity, Launch Bonds that help new projects bootstrap their own liquidity, and Reserve Bonds that help projects diversify their treasuries, is designed to address the biggest problems facing crypto projects today
“ApeSwap Bonds allow projects to create mutual value with their liquidity providers, instead of pitting their interests against each other. The project gains protocol-owned liquidity that it owns and controls, and the users gain access to vested tokens at a discount relative to market prices – it’s a win-win solution to crypto’s liquidity problem.” said DK co founder apeswap
DefiEdge is a multi-chain liquidity management protocol designed to transform the way users manage their liquidity in the decentralized finance ecosystem. A completely permissionless and decentralized system built on top of Uniswap V3 and available to other protocols that adopt the concentrated liquidity standard. DefiEdge offers a suite of advanced features that enhance DeFi liquidity management and optimizing returns.