Decentralized Exchange (DEX)
Client: Beam Swap
UI/UX
Expertise:
Tech Stack:
DevOps
Backend
Frontend
TypeScript
React
Solidity
GraphQL
Business Analyst
QA
Python
The client, a pioneer in decentralized finance (DeFi), envisioned a cutting-edge decentralized exchange (DEX) leveraging concentrated liquidity mechanics. Their goal was to empower liquidity providers to allocate funds within specific price ranges, enhancing capital efficiency while minimizing slippage and improving trading outcomes for users.
About the Client
The project focused on developing a Concentrated Liquidity DEX designed to address inefficiencies in traditional AMM-based exchanges. By allowing liquidity providers to concentrate their funds within certain price ranges, the platform aimed to maximize returns and offer users superior trade execution with reduced slippage.
About the Project

Challenges & Objectives

  1. Efficient Liquidity Management: Implement concentrated liquidity pools, enabling providers to allocate funds to targeted price ranges for improved capital efficiency.
  2. User-Friendly Trading: Ensure seamless trading with reduced slippage and optimal pricing.
  3. Scalable and Secure Infrastructure: Build a robust backend to handle high transaction volumes and sensitive user data securely.
  4. Data Transparency: Integrate real-time analytics and performance insights for liquidity providers and traders.
  5. Cross-Chain Functionality: Ensure compatibility with multiple blockchains to reduce fees and expand accessibility.
Implementation
01
Liquidity Pool Design
  • Developed Solidity smart contracts supporting concentrated liquidity pools, allowing liquidity providers to define specific price ranges.
  • Integrated Chainlink Oracles to provide accurate and secure price feeds for dynamic pricing.
02
Enhanced Trading Experience
  • Reduced slippage by enabling users to trade within tighter spreads due to concentrated liquidity.
  • Built a fast and intuitive trading interface using React, Next.js, and Tailwind CSS, ensuring a seamless experience.
03
Advanced Analytics and Insights
  • Utilized GraphQL and Subgraph to deliver real-time analytics, such as pool performance, fees generated, and ROI for liquidity providers.
  • Designed user dashboards showcasing personalized metrics and market trends.
04
Scalable and Secure Backend
  • Built a high-performance backend using Node.js and MongoDB for fast data retrieval and processing.
  • Deployed on AWS using Docker for scalable and secure infrastructure.
05
Cross-Chain Compatibility
  • Supported trading on Ethereum and Polygon, reducing fees and increasing transaction speed for users.

Outcomes & Business Impact

  • Improved Capital Efficiency: Liquidity providers reported up to a 50% increase in ROI due to the ability to focus funds within targeted price ranges.
  • Reduced Slippage: Traders experienced 30% lower slippage on average, improving trade outcomes and enhancing user satisfaction.
  • High Adoption Rate: Over 15,000 users onboarded in the first three months, with $50M+ in total value locked (TVL) in liquidity pools.
  • Scalable Performance: The backend handled over 100,000 daily transactions seamlessly, ensuring uninterrupted service during peak trading hours.
  • User Engagement: Advanced analytics tools drove a 40% increase in liquidity provider participation.
The Concentrated Liquidity DEX redefined the DeFi trading landscape, offering unmatched efficiency for liquidity providers and superior trading conditions for users. By focusing on capital efficiency, real-time analytics, and user experience, the platform positioned itself as a leader in the decentralized exchange market.

Let us help you with your business challenges

Contact us to schedule a call or set up a meeting