From the hot Avalanche C-Chain to the blazing fast Fantom Opera blockchain, it is safe to say that the expensive Ethereum chain is not the only relevant chain in DeFi anymore. AMM’s and lending protocols have naturally been the first products to emerge on these other chains, but the versatility of these new chains has given rise to completely innovative products such as abracadabra.money on Avalanche, and LiquidDriver on Fantom. However, even with all of this innovation, one important segment of the emerging multichain DeFi market has not kept up.

The Tokemak Protocol coined best by saying that “liquidity is the bandwidth of web3”. Liquidity is indeed the lifeblood of DeFi applications. New projects require liquidity in order to scale, and older protocols want to keep their currently amassed liquidity so that they can continue to accrue revenue. Both independent farmers and DAOs are happy to provide liquidity as long as they are getting the best rate that they can on their paired assets. Thus there is both ample supply and demand, so there shouldn’t be a problem right?