Invariant is a fully permissionless AMM with concentrated liquidity mechanism.
Founded in 2021 by Wojciech Cichocki, Invariant is a DEX utilizing a concentrated liquidity mechanism, differing from traditional AMMs by allowing liquidity providers to specify a range for their liquidity. This feature leads to more efficient capital allocation and deeper liquidity for traders. As a permissionless platform, users can create pools with new tokens, making it suitable for new projects launching tokens. Invariant operates on Solana and plans to expand to Aleph Zero and Casper Network.
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