Description
SMARDEX is a decentralized finance (DeFi) protocol and exchange (DEX) that introduces a solution to the impermanent loss problem in automated market makers (AMMs) by utilizing a dynamic fee structure and an insurance mechanism. The platform offers a suite of products including a stablecoin ($USDN), on-chain ETH perpetuals, automated liquidity vaults, and a hybrid aggregator for cross-chain swaps. It has a strong focus on community, with its native SDEX token used for rewards, and on security, featuring a significant bug bounty program and real-time threat monitoring. The project is actively seeking contributors and provides extensive documentation for its users.