I didn't investigate the backend, but my gut feeling tells me it's a strong domestic product! Or is it just my imagination?
Ferraa (@ferra_protocol) isn't just "packaging a smarter DEX," but rather seriously addressing how liquidity operates in the real market. It doesn't tell you which AMM is always optimal; instead, it presents CLMM, DLMM, and DAMM simultaneously, allowing you to choose based on volatility, trading density, and your available time and effort.
This design isn't appealing to beginners, but it's honest: liquidity only works within your defined range; it stops outside that range, making profitability immediately clear.
The core of Ferra (@ferra_protocol) isn't in the formula, but in the market structure itself—prices aren't evenly distributed, and liquidity can't exist evenly. It returns the question of "where liquidity exists and under what conditions" to the participants, rather than using automation to mask risk.
I would view Ferra (@ferra_protocol) as an on-chain financial product, not just a simple exchange. It requires understanding, judgment, and bearing the consequences, but this also brings it closer to the operating logic of real finance.
#ferra_protocol #KaitoYap @KaitoAI