DeFi Saver’s Recipe Creator a DeFi UX GamechangerRead on the DeFi Pulse Blog

Key Stats

Total Value Locked24H
in USD$19.3M+4.0%
in ETH7.7K ETH-0.8%
in BTC496 BTC-4.0%
ETH Locked2.15K ETH+2.1 ETH
% Supply Locked< 0.01%
Most Locked$ETH
Protocol Token$NEC

Total Value Locked (USD) in DeversiFi

  • TVL (USD)
  • ETH
  • BTC
  • DAI
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is DeversiFi?

DeversiFi is a high-speed, non-custodial exchange released in June 2020 built using StarkWare’s layer 2 scaling engine. Built for serious traders, DeversiFi 2.0 can handle 9,000+ trades per second, provides access to deep aggregated liquidity, offers low fees reaching near 0%, has privacy-by-default, as well as the added advantages of trading from a privately owned cryptocurrency wallet — withdrawal-time-certainty, enhanced-security and complete-control. Users ‘deposit’ their assets in the DeversiFi zkSTARK smart contracts where the exchange engine executes trades off-chain (connecting orders with deeply liquid external order-books at scale and speed) and settling final balances on-chain afterwards. This results in rapid execution speed with new, updated balances instantly available for trading as well as lower trading fees owing to increased gas-cost efficiency. Holders of DeversiFi’s Nectar (NEC) token are entitled to a number of utility based advantages. First, holding NEC will entitle traders to up to 20% trading fee discounts. Second, NEC can be staked (in return for Reputation) in the Nectar DAO — a DAO with 17,000 ETH pledged, designed to give NEC holders and DeversiFi traders control over the direction of the ecosystem. Third, NEC is a deflationary token that is burned in weekly necBURN auctions giving holders a favourable way to sell NEC while increasing value to the ecosystem.

How to use DeversiFi?

DeversiFi has been designed with simplicity and familiarity in mind. Navigate to the DeversiFi exchange dapp where you can register your secure cryptocurrency wallet.The platform includes a walk-through onboarding tutorial but you can also learn more at the DeversiFi Knowledge Base.

Integral Aims to Win the AMM Wars

There’s a new automated market maker (AMM) on the block, and it has the infrastructure to shake things up in DeFi. The protocol’s tech, which allows the decentralized exchange to feast on the liquidity of other exchanges, is uniquely advantageous for liquidity providers (LPs), so now the race is on to see how many users …

2021-05-31Read more >

Founder Fireside Chat with Ross Middleton of DeversiFi

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. Another week, another intriguing chat to share with you all. For this week’s Founder Fireside Chat, we spoke with Ross Middleton, Co-Founder …

2021-05-21Read more >

Slingshot – A Next Generation Decentralized Trading Platform

Did you know that the combination of how the Earth’s gravity warps spacetime and the speed at which a satellite travels effectively allows satellites to time travel into the future nanoseconds at time? If you wanted to time travel, theoretically you’d need two things: a massive black hole and and an incredibly fast spacecraft.  Many …

2021-05-12Read more >

AMA with Slingshot CEO Clinton Bembry Jr.

This AMA session with Slingshot CEO Clinton Bembry Jr. occurred on May 7th, 2021. The following is a transcription of the live from DeFi Pulse’s AMA Discord channel. To participate in future AMAs, please join our Discord and follow us on Twitter. Chaz Schmidt: Hello and welcome @everyone! Thank you for joining us today for …

2021-05-12Read more >