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A decentralized foreign exchange protocol optimized for stablecoins.

Check out our Launch Blog Post and come say hi on our Discord.

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What is DFX?

DFX is an Ethereum-based decentralized exchange protocol (like Uniswap) with a dynamically tuned bonding curve optimized for fiat-backed stablecoins (like USDC, CADC, EURS, XSGD, etc) using real-world FX price feeds.

An exchange for stablecoins

Mainstream adoption of Web 3.0 requires assets that are protected from price volatility. By focusing on fiat-backed stablecoins on the Ethereum blockchain, we leverage the existing defi ecosystem to bootstrap humanity's next generation foreign exchange.

Hyper-efficient trades


The DFX bonding curve continually shifts to allow for the most efficient trades. This means you can get extremely close to spot prices while taking advantage of Ethereum's quick settlement finality.

The quantity of tokens in each pool acts as a fixed pivot point for the slope of the bonding curve, which dynamically changes based on an external price oracle.

Minimized slippage. Optimized capital. Maximal utility.

Bootstrapping the world

In building the protocol, DFX will bring liquidity and volume to fiat-backed stablecoins everywhere. If you are thinking of issuing a stablecoin in your country or if you are a fiat-to-crypto on-ramp in your jurisdiction, make sure to get in touch.