Eddy Finance is a decentralized exchange (DEX) built on ZetaChain that facilitates native asset transfers between different blockchains, including Bitcoin and EVM-compatible chains. The platform enables users to swap assets across chains without the need for wrapped tokens or bridges.
Funding
Funding not disclosed
Founders
Product
Problem
Current decentralized exchanges (DEXs) often require users to wrap assets or use bridges to transfer tokens between different blockchains, leading to increased complexity, gas fees, and security risks. This fragmentation limits capital efficiency and hinders the seamless flow of assets across the decentralized finance (DeFi) ecosystem.
Solution
Eddy Finance is a universal decentralized exchange (DEX) built on ZetaChain that facilitates native asset transfers across multiple blockchains, including Bitcoin, EVM-compatible chains, Solana, and Cosmos. By leveraging ZetaChain's cross-chain interoperability, Eddy Finance eliminates the need for wrapped tokens and bridges, enabling users to swap assets directly between chains with minimal slippage and lower transaction costs. The platform utilizes stableswap pools and a smart router to optimize trade execution and provide access to Bitcoin DeFi participation with a single click.
Target Audience
Eddy Finance targets DeFi users and traders seeking efficient and secure cross-chain asset transfers, as well as liquidity providers looking to deploy capital in stableswap pools with reduced risk of impermanent loss.
Features
- Native asset transfers between Bitcoin, Ethereum, Polygon, Binance, ZetaChain, and Base.
- Support for Solana, Cosmos, and Ton coming soon.
- Stableswap pools and smart router for minimal slippage on stablecoins and pegged assets.
- Gasless trading, allowing users to pay gas fees in any token.
- Technology minimizes gas fees and eliminates complex messaging costs.
- No impermanent loss.