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Bidask Protocol

Bidask Protocol  

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DeFi

Status

General Info

Funds and Backers

Description

Bidask Protocol is a DEX with concentrated liquidity on the TON blockchain.

What is Bidask Protocol?

Bidask Protocol is a DEX with concentrated liquidity on the TON blockchain.

Bidask enables users to provide liquidity with a unique number of tokens in each bin, referred to as a custom shape of liquidity, all within a single transaction. This approach allows for greater concentration of liquidity, enhancing its efficiency, while also offering the flexibility to configure the desired average price of a position and potential impermanent loss in alignment with individual financial strategies.

Although the custom shape can take any form, Bidask offers the most popular liquidity shapes as ready-made setups, including spot, curve, and bid-ask shapes.

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