RobinHood-style DEX FeeFree has successfully completed a seed funding

FeeFree, a fee-free swapping protocol, aims to establish a RobinHood-style decentralized exchange (DEX) in the blockchain industry. It has successfully completed a seed funding round of $3.25 million led by MoonBit, North Island, CoinFund.

In the Ethereum ecosystem, Uniswap is the leading DEX, but it charges liquidity providers fees ranging from 0.05% to 1%, which are ultimately borne by users.

FeeFree‘s model and revenue strategy are highly unique, offering zero-fee swapping. Unlike most DEXs, FeeFree charges a fixed gas fee per transaction (< 0.1u/tx), regardless of the transaction volume.

Leave a Reply

Your email address will not be published. Required fields are marked *

Releated

WAET: AET Chain’s Strategic Layout and Innovation in the RWA Track

Introduction In today’s rapidly evolving digital economy, the AET ecosystem, with its unique innovative capabilities and broad application scenarios, is gradually becoming a leader in the global digital asset market. The AET ecosystem is composed of a public chain, a digital wallet, and an AI digital human platform. These components synergistically create a dynamic and […]