AVNU — The Liquidity Infrastructure for L2s

AVNU
3 min readApr 25, 2023
AVNU — Your Liquidity Endpoint on Starknet

The DeFi landscape has witnessed significant advancements with the rise of Automated Market Makers (AMMs), which for the first time in human history enabled decentralized, trustless, and censorship-resistant value exchange at a small scale. While this innovation has been monumental in promoting DeFi adoption, AMMs still face numerous challenges that impede their ability to scale and onboard the masses. Impermanent losses, slippage, and MEV are just a few to name.

We believe that all types of value will be tokenized, and the majority of trading activities will be settled on-chain.

Our mission is to build a scalable liquidity infrastructure that can accommodate mass adoption.

Trade Smarter, Faster, and with peace of mind.

Execution

As our industry onboards more and more people, the ecosystem becomes increasingly fragmented. That’s where we enter the game and create the venue for Traders.

AVNU; pronounced as “Avenue” (/ˈævəˌnjuː/); is a decentralized exchange protocol designed to always seek for offering the best execution for traders and dApps on Starknet (and later more broadly for L2s).

We believe in offering the best prices by merging diverse liquidity sources. Each source has its advantages and disadvantages, and combining them helps to minimize the drawbacks while maximizing the benefits. Currently, we aggregate liquidity from all AMMs on Starknet and market makers (MMs) and plan to expand further. Our innovative DEX aggregator optimizes trade execution and minimizes slippage by searching for the best trading route across multiple decentralized exchanges (DEXs). Additionally, our Request-for-Quote (RFQ) system integrates market makers’ liquidity, optimizing price discovery, removing slippage, and providing MEV protection.

Security

User protection is paramount, and we are committed to ensuring a secure trading environment within the evolving DeFi landscape. Addressing challenges such as Miner Extractable Value (MEV), slippage, and potential hacks, we actively develop solutions like MEV protection, optimized aggregator algorithms, and safeguards against man-in-the-middle attacks.

We understand users’ concerns and strive to create a safer trading experience, fostering confidence and trust in our platform. Our goal is to eliminate fear and uncertainty, allowing users to focus on trading strategies and enjoy the benefits of the DeFi ecosystem without stress.

Experience

User experience (UX) is a central aspect of our platform, and we are dedicated to providing a seamless and efficient trading experience for our users. We believe in offering fast transfers and gasless trading, eliminating unnecessary friction and delays in the DeFi ecosystem.

Transparency is part of our core values. We ensure there are no hidden fees, and all costs are clearly communicated to our users. Our platform is designed with simplicity and ease of use in mind, enabling users to focus on their trading strategies without worrying about unexpected charges.

Join our mission and enjoy the best trading experience on Starknet.
Stay connected with our latest news and updates by following our social networks.

--

--