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24h Trading Volume
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Proof of reserves
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LastMonthVisits
57,228
Alexa Rank
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Twitter Followers
82,619
Cybersecurity
--Wombat Exchange Trade Volume Charts (24h)
About Wombat Exchange
Wombat Exchange is a scalable, low slippage, and single-sided staking stableswap backed by Binance Labs. Wombat adopts the concepts of asset-liability management and coverage ratio, enabling various stablecoins to be swapped at minimal slippage and the ability to single-stake stablecoins for sustainable yield.
Why Wombat Exchange
- Scalable Equilibrium: Innovate coverage-ratio-based stableswap mechanism to remove scalability barriers, which allows the possibility of achieving 100% capital utilization with no impermanent loss.
- Slippage minimization: Wombat adopts the asset-to-liability model; slippage is negated until higher transaction amounts and reduced when it occurs.
- User-Friendly UI/UX: Simple and accessible interface with pure single token pool design.
- Foundation for DeFi to build upon: A pure single-token pool design enables single-token LP tokens, ideal for borrowing and lending protocols and trading platforms to build on top of.
Wombat Exchange Fees
Swap Fee (haircut): Each pool has its swap fee. Refer to Swap Fee for the detailed breakdown.
Deposit Gain and Withdrawal Fee: Only applicable when coverage ratio is off balance
Coverage Ratio Fee: Only applicable to swaps in side pool, wmxWOM, and mWOM pool
Wombat Exchange's Announcement
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