What are some other innovative DEXs worth paying attention to besides Uniswap V4?

What other innovative DEXs are worth attention besides Uniswap V4?

There are many innovations in the DEX field. Cryptocurrency researcher Ignas has written an article summarizing the DEXs and their architectural features that are worth paying attention to in the market, including Maverick, Ambient, Shell Protocol, Swaap, and Mangrove.

1) Maverick: As a pioneer of dynamic distributed AMM, Maverick automates liquidity strategies that previously required manual maintenance on a daily basis. Its core architecture is built around liquidity pools, similar to the Trader Joe model. Users can provide liquidity based on strategy by selecting static mode, right mode, left mode, and bidirectional mode. In addition, Maverick is also creating a flywheel effect through veMAV.

2) Ambient: Combining concentrated and environment-constant product liquidity in the same pool, Ambient ensures better liquidity exchange for traders, and also features dynamic fees, JIT protection, single smart contract, and gas optimization. In addition, Ambient implements Flash accounting and has account abstraction.

3) Shell Protocol: The core function of Shell V2 is The Ocean, which simplifies interactions between various DeFi primitives as a universal adapter, and introduces a lot of innovative features, including a standardized accounting framework for all primitives and tracking of intermediate balance updates in memory. In addition, Shell is conducting a token airdrop through a scoring system.

4) Swaap: Swaap V2 introduces a structure for handling on-chain asset balances and settlements, while moving quotes off-chain.

5) Mangrove: Focusing on TVU rather than TVL, Mangrove means that LPs only deliver liquidity when requested, solving problems of slippage, arbitrage trader income, liquidity pool dispersion, and low capital efficiency.

Reference: https://twitter.com/DefiIgnas/status/1677296840440676352

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