Chainge.Finance

To bridge or not to bridge that is the question. To be the rotatooor. As we navigate the tedious blockchain world, we often find ourselves searching for the best places to conduct our swaps. A.K.A, what chain/DEX has the most liquidity for our swap.

We must traverse different bridges, chains, dexes, and liquidity aggregators to find the best deal. Well, what if I told you, there was one DEX that could give you the best deal on any chain and on any token all without needing to bridge?

Let me introduce you to Chainge Finance, the first and only true cross-chain liquidity aggregating DEX. The days of the rotatooor are officially over. Forget bridging. Forget slippage. Trade on Chainge. The DEX for all your Defi needs.

Say goodbye to the rotatooor and say hello to Chainge…

Multichain Vs Cross-Chain
Before going into the ins and outs of Chainge Finance, an important distinction between multichain and cross-chain liquidity aggregating should be clarified. The Chainge team made a great thread about it here: Chainge Finance Thread.

https://twitter.com/FinanceChainge/status/1530963085753823234?s=20&t=pKkRuSHZzSB-9OdHJjRO8w

You can check that out if you’d like, otherwise; I will quickly summarize it. The difference between multichain liquidity aggregation and cross-chain liquidity aggregation is that multichain aggregation works through the use of integrated bridges that connect chains.

However, cross-chain aggregation works by seamlessly connecting chains in a way where; the need for bridges and the need to change networks is eliminated.

At least that’s what it should be. Until now, many have claimed to be cross-chain aggregators but in reality, most of these so-called cross-chain aggregators rely on the use of bridges. This reliance on bridges does not maximize liquidity efficacy because bridges are a bottleneck in themselves.

Therefore, you’re not utilizing cross-chain liquidity you’re utilizing whatever liquidity the bridge has. In addition, it means that these aggregators can only access liquidity one chain at a time because assets must be bridged over to conduct the swap. However, Chainge is a true cross-chain aggregator leveraging the DCRM technology of the Fusion blockchain, it can seamlessly pull liquidity from every chain simultaneously. Here’s a graphic for visual learners:

Taking gas into consideration, the Chainge DEX smart router splits your swap into multiple transactions between multiple chains to give you the best price for your swap. All of this happens in one transaction without the need to bridge assets or change networks. Will go into more detail about how this is possible in the next section.

In conclusion, Chainge Finance is the ONLY cross-chain liquidity aggregator on the market because it’s the only one that can pull liquidity from multiple chains simultaneously for any given swap.

How Does Chainge Work?
(If you’ve already read A Complete Guide To Chainge Finance skip this section or read it for a quick refresher)

Change Finance is built on the Fusion blockchain and leverages its DCRM technology to seamlessly connect to any chain. EVM or Non-EVM compatible it doesn’t matter, the Fusion blockchain is interoperable. DCRM was built by four of the brightest and most creative minds in cryptography: Rosario Gennaro – Professor of Computer Science at CUNY, Steven Goldfeder, Ph.D. Department of Computer Science at Cornell University, Louis Goubin – Professor of Computer Science at the University of Versailles, and Pascal Paillier, Ph.D., CEO and Senior Security Expert at CryptoExperts.

These four came together to validate, certify and help enhance the DCRM architecture, which was built specifically for token portability and token exchange across all networks. The way it works is similar to how centralized exchanges work: they have custody wallets on the blockchain and then transfer them to you. Essentially, the protocol has custody of different assets (BTC, ETH, AVAX, etc…) on an external blockchain. When people want to move their assets, the Fusion chain will use these external wallets to distribute the funds to the user.

Here’s a visual:

Fusion is the only blockchain capable of seamlessly connecting with every chain in existence and therefore the only chain which can have a DEX that can pull liquidity from any chain. Again for a more in-depth look please refer to either: A Complete Guide To Chainge Finance or Fusion Blockchain Docs

DEX Smart Router & 1inch Integration
Now that we know that Chainge leverages Fusion’s DCRM technology. How exactly does it use it?

Chainge uses the DCRM cross-chain technology and a cross-chain swap pathfinder algorithm to facilitate traders’ cross-chain swap orders. In English, Chainges’ pathfinder algorithm (smart router) scrapes through all active DEXs to find the best transaction rate for the user’s target pair swap & then automatically helps split the orders between 20 DEXs across 10 chains (with more to be added). The Fusion blockchain conducts the swap on behalf of the user and then transfers the assets to the user instantaneously.

The aforementioned smart router works with the Fusion blockchain to create a powerful duo allowing access to liquidity anywhere. Here’s a more practical example. Let’s say we wanted to swap USDC for ETH. What would happen on the backend?

The Chainge DEX algorithm searches the local database containing all DEXs integrated with the supported chains for the USDC & ETH pair
Chainge finds the DEXs with the lowest slippage rates for the specific pair and determines the best chain(s) to transfer the assets to
The assets are automatically sent to the target chain(s) and the pre-determined amount of USDC is split among the DEXs, then swapped
The user receives the max amount of ETH he could possibly get for his USDC (gas taken into consideration) in a couple of minutes, outranking any other potential DEX involved in the operation
If you’re still having trouble understanding refer back to the last few graphics as they might give you a clearer picture. Nonetheless, if there is liquidity the Chainge liquidity aggregator will find it.