Ref Finance vs. Jumbo Exchange 2024: A Comprehensive Comparison

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    What Is Jumbo Exchgane?
    What Is Ref Finance?

    Built on top of the cutting-edge protocol NEAR, Ref Finance is the gateway into the NEAR ecosystem through its AMM DEX, which provides liquidity and swapping features. In addition, Ref utilizes the trustless Rainbow Bridge, which seamlessly bridges Ethereum-based assets over to NEAR, and vice versa, allowing for an array of DeFi users to access lower fees and faster transaction speeds Link.

    Jumbo is an AMM DEX that offers a cheap, seamless, and unfettered way for anyone to trade on. By tradition, Jumbo also allows anyone to be a liquidity provider without convoluting or masquerading the mode by which any users are able to do so. Retrospectively considering some common in-design flaws of certain DEXes that by virtue of the intricacy of UX unnecessary complicate the methodology of asset-adding and/or liquidity providing, Jumbo takes under purview straightforward, automated modus operandi that preserves simple and straightforward nature. By design, Jumbo leverages Near’s architecture to fully realize the simplicity of developing, tuning, and processing that is inherently present on the Near Blockchain Link.