CavalRe: Unlock the Power of Multiswap
The decentralized finance (DeFi) space has been growing rapidly in recent years, with automated market makers (AMMs) becoming a popular tool for traders and liquidity providers. However, many AMMs on the market today have limitations that prevent them from achieving their full potential. That's where Multiswap comes in.
Multiswap is a revolutionary new AMM that offers a suite of features that were previously thought to be impossible to combine. With native multi-token swaps, unified liquidity, no single-trade impermanent loss (IL), single-sided staking, no routing issues, perfect rebalancing, and improved trade execution, Multiswap is setting a new standard for AMMs.
One of the key benefits of Multiswap is its post-trade pricing mechanism, which eliminates subsidies on trades that would lead to both single-trade IL and loss-vs-rebalancing. This means that traders and liquidity providers can trade with confidence, knowing that they won't suffer any unexpected losses.
Another unique feature of Multiswap is its single-sided staking, which allows users to swap one or more pool assets for the LP token without needing to navigate a complex user interface. This makes it easier for users to gain exposure to a pool without having to worry about the intricacies of managing their portfolio.
Multiswap also eliminates fragmentation by offering multi-asset pools, which make the full liquidity of each token available for every trade. This means that users don't need to worry about routing between two-token pools, as all tokens are available for seamless trading.
In conclusion, Multiswap is the future of AMMs, offering a suite of features that were previously thought to be impossible to combine. With its unique post-trade pricing mechanism, single-sided staking, multi-asset pools, and perfect rebalancing, Multiswap is setting a new standard for DeFi and paving the way for a more efficient and user-friendly ecosystem.
The data provided by Flipside has been used to handle this analysis.
Multiswap, a new breed of “multi-asset” decentralized exchange, has launched on Avalanche aiming to reinvent how people access and exchange tokens on-chain.
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Pool contract: 0x5f1e8eD8468232Bab71EDa9F4598bDa3161F48eA
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In this investigation, first of all, the swap activity of the CavalRe in the Avalanche has been investigated.
- tTypes: Regular swap and MultiSwap
- Metrics-> Total and daily count of swaps, Unique swappers, swap volume in USD, latest swaps on CavalRe, Average swap volume
- Popular tokens used as input and output tokens on CavalRe
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After the first part, various actions in the CavalRe program have been analyzed.
- Metrics-> Summary of interactions by various actions, Count of users, Average user per day
- Selected actions-> Add and Remove liquidity, Stake and Unstake
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The next part is concentrated on the behavior of the CavalRe users in the Avalanche program:
- Metrics-> Distribution of users by count of interactions and age of wallets, crossover with other program and sectors
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Note: Because we are in the early days of this program, so the results of this dashboard are updated every 3 hours.
- Article related to the CavalRe launch
- Tweet related to the CavalRe launch by Elif
- Tweet by AVAX official account
- Response thread