Atrix Protocol has a New Look

Published on: 15.04.2022

Atrix is a protocol for automated orderbook liquidity provisioning strategies built on the Solana blockchain and the Serum protocol. 

Atrix has seen massive adoption of Automated Market Makers (AMMs) powering the overall liquidity infrastructure of DeFi, and we believe this trend will continue with liquidity becoming ever more efficient.

With the fast block times and cheap transaction fees of Solana, decentralized financial markets can now be orders of magnitude more efficient than blockchains like Ethereum.

With Serum, a decentralized, composable orderbook on Solana, DeFi now has the infrastructure to support levels of liquidity that they previously only accessible through centralized gateways.

What is Atrix?

Atrix is a fully Serum-based AMM that democratizes the power of orderbooks and decentralized liquidity to the broader DeFi ecosystem, allowing for strong liquidity that was previously only by consulting centralized market makers.

Atrix provides liquidity to the entire Solana ecosystem by placing limit orders on the Serum orderbook, allowing users to permissionlessly and autonomously utilize the power of orderbook-based liquidity.

Atrix is consistently the highest volume market maker on Serum, with as high as $700m 24hr volume recently.

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How does Atrix work?

Users can permissionlessly create Liquidity Vaults that run various automated market-making strategies on the Serum orderbook. Atrix uses the tokens deposited into these vaults as inventory to market make by placing limit orders according to the strategy specified by the vault.

Users can also permissionlessly create Staking Vaults to incentivize deposits into their Liquidity Vaults. This allows users and projects to bootstrap strong orderbook-based liquidity.

What’s Next?

To power more efficient liquidity for DeFi, they want to onboard more projects into the Atrix, Serum, and Solana ecosystem.

To do this, Atrix will help projects launch their tokens and support strong initial liquidity. This includes IDOs and incentive programs to become even stronger partners with amazing projects in the DeFi ecosystem.

Atrix will also be exploring many ways to build an even stronger community around democratized liquidity, with collectibles, events, content, and more!

About Atrix

Atrix is a fully Serum-based AMM that democratizes the power of orderbooks and decentralized liquidity to the broader DeFi ecosystem, allowing for strong liquidity that was previously only by consulting centralized market makers.

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