Exchange (coming Q1 2023)

Ambidex Exchange will allow users to permissionlessly swap between crypto and tokenized finance assets cheaply and with near-immediate finality.

Ambidex Exchange is an automated secondary marketplace where users can trade tokenized finance assets, as well as crypto assets.

Ambidex Exchange makes use of smart contracts which implement the standard x*y=k constant product AMM formula to allow for decentralized trading of one token for another via liquidity pools.

The protocol charges between 0.3-5% (depending on the token trading pair(s) used for the trade) of the total trade size as a swap fee for each trade made via its liquidity pools. 5/6th of this fee goes to liquidity providers, and 1/6 goes to the Ambidex Treasury and is stored as protocol revenue.

For an explanation of how AMM liquidity pools work, check out this Youtube video.