Osmosis (OSMO): The DEX With Customizable Liquidity Pools

Decentralized finance, or DeFi, has expanded tremendously over the last few years. It offers exciting opportunities through decentralized lending, borrowing assets, yield farming and more. Decentralized exchanges (DEXs) are at the core of these developments and innovations.

Until recently, DEXs have experienced certain limitations to the capabilities of their blockchains. A next-generation, multi-chain DEX known as Osmosis is now available. It offers far more functionality than established single-blockchain DEXs.

What Is Osmosis?

Osmosis is a decentralized exchange (DEX) that uses the Cosmos SDK for optimized functionality with other blockchains. Its automated market makers set it apart, allowing enhanced market responsiveness for liquidity providers.

Osmosis is a multi-chain DEX specifically built to function with other blockchains in the Cosmos ecosystem. Communication with these other blockchains is achieved via its Inter-Blockchain Communication protocol (IBC). Because Osmosis is linked to other Tendermint blockchains, providing smooth, fast trades.