Introducing BrainDex — A Multi-Chain DEX aggregator and trade optimizer for Moonbeam and Moonriver
After months of hard work and generous support from the Moonbeam Foundation, we’re excited to announce BrainDex — the new hub for DeFI on Moonbeam, Moonriver, and beyond.
Our goal is to provide the most efficient, interconnected swap platform on Dotsama, and provide smarter tools for new and experienced traders alike.
How is BrainDex different from other Dexes?
BrainDex is more than a DEX — we’re a Dex Aggregator and trade optimizer. Our first and foremost goal is to give you the best price anywhere — no matter the liquidity or platform provider.
Liquidity on Moonbeam is fragmented, and painfully so, with significant reserves split between the several DEXes in the space. You may have to visit different exchanges to find the token you want to trade, and different exchanges will provide different rates, if they support your desired swap at all.
We’ve Got the Liquidity
Unlike other DEXes, we don’t limit users to our own pools. We bring together all of the liquidity from all of your favorite DEXes, as well as several lesser known liquidity sources, and find you the best rate among all of them.
Better Rates through Composability
Not only do we bring together all of the liquidity sources, our BrainDex Pathfinder algorithm is a cutting-edge optimizer algorithm capable of routing your trade through all of the pools — no matter who’s providing them — and reducing price impact across the board.
Features at a Glance
- Multi-hop trades, for when direct liquidity isn’t available
- Split-route trades, to take advantage of multiple sources of liquidity
- Wholly atomic transactions for safety and MEV-resistance
- Wholly non-custodial; your tokens are yours
Why Moonbeam? Why Dotsama?
Not only do we help solve the problem of liquidity fragmentation, but we also believe that Moonbeam’s ‘Cross-Chain Connected’ ethos is very much in line with our own goal to be the most interconnected DEX aggregation protocol in crypto. We believe that Moonbeam, and more broadly Dotsama, is the perfect space to stage our vastly connected platform.
What’s next?
Stay tuned for announcements in our telegram or discord channels, or follow us on twitter for updates! These are just a few of the things we have planned:
- XCM-Enabled crosschain swaps
- Axelar, Multichain, and Wormhole integration for crosschain EVM swaps
- Dashboards and advanced tooling for traders
- Continuous integration of more chains, more dexes, and more liquidity
Thanks
A big thank you to the entire Dotsama community, who have been incredibly supportive through development — and an extra thank you to the Moonbeam Foundation for their incredible support and encouragement.
Happy trading 🙂
