SmarDex
SmarDex is a multichain DEX and the issuer of USDN, a synthetic dollar collateralized by wstETH and funded by trader position fees.
What is SmarDex?
SmarDex is a decentralized exchange running on Ethereum, BNB Chain, Polygon, Arbitrum, and Base. Users swap on its AMM pools with 0.1% trading fees and can mint or hold USDN, a synthetic dollar backed by wstETH and funded by perp-style position fees and staking rewards. Protocol revenue flows into SDEX buybacks and burns.
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Integral SIZEApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
