Microchain

About Microchain

Launched on 5 November 2024, Microchain is an automated market maker (AMM) operating on the Fuel Network. It enables on-chain trading through liquidity pools, allowing users to swap tokens without a centralized order book.

The platform currently supports two pool types: constant product pools and stable swap pools. Constant product pools follow the standard AMM formula, providing liquidity for volatile asset pairs. Stable swap pools use a curve optimized for assets with closely correlated prices, such as stablecoins, to reduce slippage.

Microchain is in the process of adding concentrated liquidity, which will allow liquidity providers to place capital within specific price ranges rather than across the full curve. This is intended to improve capital efficiency and enable more precise liquidity strategies. The roadmap also includes integrating ve(3,3)-style incentive mechanisms, designed to align rewards between liquidity providers, token holders,