Dymension Announces Modular Liquidity Layer Solution

Dymension, the infrastructure solution supporting the development of RollApps, has recently launched its Modular Liquidity platform.

The new solution will provide Rollup applications (also known as RollApps) with liquidity and settlement support through this innovative layer from Dymension.

In its current phase of development, Modular Liquidity will aggregate liquidity, providing access to a variety of assets. Dymension AMM will facilitate the trading of tokens across multiple networks simultaneously.

Initially, the platform will only support DYM as the native asset for all existing trading pairs. In subsequent phases, selected RollApps will gradually begin integrating with this liquidity solution.

Similar to most AMM solutions currently available, Dymension will charge a 0.3% fee—0.2% of which will be distributed to liquidity providers (LPs), while the remaining 0.1% will be used to buy back and burn DYM tokens.

Dymension's infrastructure solution aims to reduce the initial cost and liquidity barriers for RollApps. In January 2024, Dymension announced an airdrop for users within popular ecosystems such as Cosmos, Celestia, and Ethereum Layer-2.

The project also launched its mainnet a few weeks ago, but encountered issues with block validation on the first day of deployment.