What is Ref Finance?
Ref Finance is a community-led, multi-purpose DeFi platform built on the NEAR Protocol. It leverages NEAR’s low fees, fast finality, and WebAssembly-based runtime to offer a comprehensive DeFi ecosystem.
- Multiple pools in one contract
- Atomic transactions
- Customizable pool fee
Ref V2
Ref V2 introduces a Discretized Concentrated Liquidity (DCL) Automated Market Maker (AMM), enhancing both traders' and liquidity providers' experiences.
- Precise & efficient liquidity provision
- Reduced slippage within a price range
Ref V2 provides a more accurate and efficient trading experience by offering discretized liquidity within specific price ranges.
- Lower slippage
- Increased precision in liquidity allocation
Enhanced User Experience
Ref Finance aims to deliver a centralized exchange (CEX)-like experience on decentralized exchanges (DEXs) with features like built-in limit orders.
- CEX-like trading functionality
- Integrated limit order feature
Benefits for All Participants
The DCL AMM model is designed to be a positive-sum game, ensuring that both liquidity providers and traders benefit from the system.
- Both LPs and traders win
- Balanced incentives across the platform
Project Development
Ref Finance 2024 roadmap:
- Performance Improvements: Optimizing platform speed for a seamless user experience.
- Rebrand: Introducing a new brand identity with logo and style updates.
- MultiChainDex: Launching cross-chain asset swaps using Near Chain Abstraction technology.
- Chain Abstraction Assets Bridge: Expanding into a multi-chain ecosystem with minimal changes to the front-end and core smart contracts.
Other Projects in the Near Ecosystem
- Aurora: a decentralized, EVM-compatible layer 2 blockchain on the NEAR Protocol.
- Trisolaris: a high-speed DEX on NEAR's Aurora, offering low-cost trading.
- Somninum Space CUBEs: token for purchasing assets, services, and rewarding players in its VR ecosystem.
Ref Finance Price Analysis
As of March 16 2025 Ref Finance has a marketcap of $3.4M.
This is {{percentagefromath}} from its all time high of $10.64.
In terms of its tokenomics, there's a total supply of 100M with 37% currently outstanding.
Keep in mind Ref Finance has a fully diluted value of $9.2M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
