Trader Joe, the largest decentralized exchange (DEX) on the proof-of-stake blockchain Avalanche, has launched on the Ethereum mainnet. The exchange initially offers stablecoin pools and plans to expand its offerings in the future. Trader Joe aims to attract liquidity providers by providing a dynamic fee structure based on volatility. Compared to its competitor, Uniswap v3, Trader Joe offers a unique edge with its fee components. Its initial launch on Ethereum includes stablecoin pools USDC/USDT and USDC/DAI. The exchange is currently deployed on Avalanche, Arbitrum, and BNB chains.
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