The MetaDEX For Blast

Fenix is a MetaDEX that belongs to a new class of decentralised exchanges that merge the best features of ve(3,3), Curve, Convex and Uniswap into a unified protocol with a streamlined and performant design.

The Fenix MetaDEX design.

There are three key components that drive the Fenix MetaDEX design:

• A high-performance automated market maker (AMM) that provides the logic that enables Concentrated, Uniswap V2 and Stableswap liquidity pools.

• An optimal incentives structure that is based on the ve(3,3) system that directly aligns voting with revenue distribution. Fenix also deploys The RISE Programme, a native protocol and user-centric rewards layer.

• A built in voting marketplace that is coupled to an automated voting platform (The Fenix Nest) to improve UX, and reduce fee extraction through a single platform.