The super-dApp
Core Products of the Spark DeFi Hub
1. A High-Performance V3 DEX
An efficient, liquid, and reliable market for on-chain swaps, staking, and farming is the foremost foundation of any thriving DeFi ecosystem. SparkDEX’s first core product is a feature-complete V3 DEX that supports all of the latest, cutting-edge tools available to Web3 traders, liquidity providers (LPs), and farmers.
Concentrated Liquidity: SparkDEX’s V3 DEX enables LPs to concentrate their liquidity in designated price ranges in order to drastically reduce the risk of Impermanent Loss (IL) and maximize yields sourced from trading fees. By incentivizing LPs to provide capital within concentrated price ranges closer to spot, SparkDEX’s V3 model also increases liquidity for traders by an order of magnitude, ensuring more precise price points and reducing slippage.
Automated Liquidity Management (ALM): SparkDEX has landed a number of powerful partnerships with DeFi protocols that specialise in automating otherwise-complex active liquidity management functions. By integrating Gamma, Steer Protocol, and other leaders in the space, SparkDEX allows users to employ set-and-forget LP strategies that adapt automatically to shifting prices so that LPs can mitigate risk and get the most out of their capital while optimising market liquidity for traders.
Limit Orders & Dollar-Cost Averaging (DCA): One-sided LP features enable users to manually set advanced order types normally restricted to centralised platforms, including limit orders and DCA strategies.
2. Next-Generation Perpetual Exchange
As crypto-native derivative instruments, perpetual contracts are both some of DeFi’s most demanded investment vehicles and most impressive in-house developments. SparkDEX’s next-generation Perpetual Exchange brings together the most prolific assets from across sectors and industries, a host of highly competitive features, and a slick UI to provide the best user experience on tap in Web3 ecosystems.
Blue-Chip Assets & High Leverage: On SparkDEXs’ Perpetual Exchange, users can take on up to 100x leverage on leading crypto-assets, commodities, and forex currencies from a single, intuitive display. SparkDEX allows users to hedge crypto positions by accessing exposure to alternative, off-chain asset classes while remaining fully within Flare’s on-chain environment at all times.
Advanced Trading Features: SparkDEX supports an array of advanced trading features including trailing stops, stop-losses, and take profits, so users can ensure that their open positions are managed precisely around the clock.
Robust LP Incentives: In addition to its V3 DEX, SparkDEX’s Perpetual Exchange offers competitive incentives to LPs. For both LPs and margin traders, SparkDEX also supports a number of different assets that may be deposited for collateral.
This is just the beginning. Follow us on our social channels and check out our website to be the first to know about our newest developments and additions to the DeFi Hub.
Last updated