Foundational Topics

Origin and inspiration

Arising from the dynamic space of Decentralized Finance (DeFi), Fibrous distinguishes itself as a trailblazing DEX (Decentralized Exchange) Aggregator, committed to providing unmatched swap rates on the Layer 2 networks. Unlike conventional Automated Market Makers (AMMs), Fibrous adopts an innovative approach, serving as a sophisticated instrument that meticulously navigates and analyzes L2's diverse landscape to identify the most efficient routing paths among its extensive network of AMMs. This dedication to excellence is fueled by an appreciation for Starknet's potential and a desire to enhance and redefine its prevailing standards.

The need for a DEX Aggregator

The promising realm of Decentralized Finance (DeFi) has faced challenges due to the compartmentalized operations of individual Automated Market Makers (AMMs), with each operating within its own isolated environment. Despite possessing ample liquidity, these isolated operations frequently lead to less-than-ideal user experiences, plagued by complications such as slippage and notable price impacts, especially in high-volume transactions. Recognizing the need to address this fragmented landscape, the concept for Fibrous was conceived: a comprehensive platform designed from the outset to cohesively unite these diverse AMMs. By harnessing their strengths and mitigating their weaknesses, Fibrous aims to deliver an enhanced swapping experience that is both seamless and optimized for all users.