Stables FX DEX
The Stables FX DEX supports seamless USD stablecoin to USD stablecoin swaps and USD stablecoin to non-USD stablecoin swaps. Market makers, liquidity providers, OTC desks, whales and users can supply liquidity to the Stables FX DEX to ensure competitive wholesale FX spreads.
Hybrid FX DEX Model
Unlike traditional FX markets that rely on centralized intermediaries, the Stables FX DEX leverages a hybrid model that combines automated market makers (AMMs) with RFQ-based execution, enabling deep liquidity, efficient price discovery, and seamless execution for all users—from individuals to institutions.
Stableswwap
Stable FX pairs
Extremely low
Very high
Retail
Concentrated liquidty
Volatile FX pairs
Low
High
Businesses
RFQ based execution
Insto -size trades
Zero
Highest
Institutions
Why a Hybrid Model?
A purely AMM-based approach lacks the flexibility and efficiency required for deep-liquidity FX markets, while a fully RFQ-based system limits accessibility. The hybrid model offers the best of both worlds:
Stableswap AMM enables low-slippage, high-efficiency swaps for stablecoin FX pairs.
Concentrated Liquidity AMM enables concentrated liquidity for volatile FX pairs via
Request-for-Quote offers institutional-grade execution for large FX trades.
This structure ensures capital efficiency, deep liquidity, and flexible execution strategies for different user segments.
Last updated