
加密小师妹|Monica|Mar 10, 2025 07:02
The centralized exchange CEX has always played the role of a pillar industry in the cryptocurrency industry in the past. They provide the market with efficient trading models, massive liquidity, and once significant wealth creation effects. However, in recent months, the controversy over CEX in the market has become increasingly intense: endless regulatory issues, counterproductive coin launches, and the myth of wealth creation no longer appearing in CEX but more on the chain. On January 9, 2025, the trading volume of DEX reached a historic 20% of CEX for the first time, indicating a shift in market attention towards the blockchain and suggesting the arrival of a new wave of decentralization targeting CEX.
However, there are their own difficulties on the chain. Decentralized finance has enormous potential, but due to limitations such as the performance and cost of blockchain networks, it has been unable to achieve widespread application. With the launch of various high-performance L2 models, performance issues have been partially resolved, but user experience has become even worse in the process of managing assets across multiple networks. More than 631 million people use centralized exchanges, but less than 2% have tried DeFi.
The @ defidotapp introduced today attempts to change this situation and make decentralized finance as simple as using a mobile phone.
DeFi App is a platform aimed at simplifying decentralized transactions. Through DeFi App, users can purchase tokens on any blockchain and conduct "instant, one click" cross chain transactions. 0gas fee, no need for cross chain bridge.
In February 2025, DeFi App raised an additional $4 million in a seed expansion round with a fixed token valuation of $100 million, consistent with its initial seed round valuation of $2 million. Venture capital firms contributed $2 million, led by Mechanism Capital, with participation from DCF Capital Partners, Balaji Srinivasan, and Pentoshi.
The Defi App adopts an intent based trading model that allows users to specify desired outcomes (such as "exchanging 1 ETH for USDC on the best route") without manually selecting bridges or liquidity pools. This method abstracts complex routing decisions, thereby improving user experience and execution efficiency. The intention based model of Defi App does not directly execute transactions through on chain liquidity sources, but delegates execution to solvers (also known as relays). The solver determines the optimal exchange route based on liquidity conditions, gas costs, and execution probability.
Since its public beta launch in February, DeFi App has achieved over $500 million in swap trading volume, 25000 new registered users, and a 99%+exchange success rate. DeFi ranks among the top 40 daily active users.
DeFi App has launched the first season of "Degen Arena", an esports style trading tournament where users can join different factions and earn experience points through trading and exchange to compete for rewards.
Participation method:
1. Enter https://app.defi.app/join/IY6pA2 DeFi provides three ways to create an account, including email registration and social media registration. These two methods will generate a smart wallet for transactions. You can also connect to your existing Web3 wallet and log in directly.
Before obtaining XP experience points, you need to click on "View The Arena" and register your username to join the faction in order to officially participate in the event.
Users can earn XP by holding assets and inviting friends in their smart wallet through Swap. XP will accumulate together within their respective factions. The top 50 factions on the XP leaderboard will receive additional XP rewards, and in the first season, 40% of XP will be distributed among these factions based on their rankings. At the final settlement, users will receive rewards based on their contributions within the faction.
Here are two ways to obtain XP through Swap for your reference. One is the SOL and U exchange on the Solana chain, which has been tested to earn approximately 50% of the transaction amount in XP per transaction. The advantage is that the wear and tear is relatively small, with a cost of about 0.1u per transaction plus wear and tear caused by exchange rate fluctuations. The disadvantage is that XP rises relatively slowly. Another type is that some currencies may have XP bonuses during swaps, but these currencies often cause more wear and tear during the trading process, so friends need to test them with small amounts of funds first. Here are some currencies with XP multiples compiled by the community. https://docs. (google.com)/spreadsheets/d/1NmH83m3WcWhyLMPXZp6Np6VPykpOOGN4GKBQ5gIXHSA/edit? gid=0 gid=0
I will continue to share with you the trades that make XP faster in the future testing.
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