Wombat Exchange is a multichain and crosschain single-sided Decentralized Exchange (DEX). Its open liquidity pool design aggregates liquidity in a shared pool balanced by Coverage Ratios, enhancing capital efficiency and allowing for single-token staking. This simplifies liquidity provision. The platform's crosschain capabilities are powered by Wormhole. Wombat employs an asset-to-liability model and a gas-efficient algorithm to minimize slippage during swaps. The ecosystem includes the $WOM utility token, which is used in a gamified bribe market to incentivize user participation and value creation.
