KyberSwap

KyberDMM, the world’s first dynamic market maker protocol, is a next-generation AMM designed to react to market conditions to optimize fees, maximize earnings, and enable extremely high capital efficiency for liquidity providers.Unlike AMMs which are severely inhibited by a rigid fee model and capital inefficiency, Kyber DMM enables liquidity providers to make optimal use of the tokens deposited into liquidity pools thanks to its dynamic fees and programmable pricing curve.Anyone can contribute liquidity to the Kyber DMM, with this liquidity easily accessible by other users as well as DeFi Dapps and aggregators that integrate with the protocol. Kyber DMM’s codebase has been reviewed and audited by both the team and external code auditors. The codebase is open source so community developers are able to review it.