Algebra DEX Engine

Weekly Digest #155:

🪙 Algebra x Rift: boosted TVL & Trading volume w/ $BTC-ERC20 swaps
✖️ SwapX powered by Algebra Integral is coming soon on Sonic
🧩 Integral is powering 22+ DEXes
🫛 Tonco DEX, powered by Algebra, shows impressive results

😏 medium.com/@crypto_algebra/algebra-weekly-digest-155-5af4efded0f0.

🥰 SwapX is closer than you think!

Soon, experience Algebra's latest tech, Integral, with its modular approach enabling custom plugins & delivering 20% greater efficiency than other AMMs—all on Sonic.

More details coming soon. Learn more about Integral: medium.com/@crypto_algebra/introducing-algebra-integral-benefits-for-dexes-b59bb5ea9743.

We're teaming up with Rift to bring trustless BTC <> ERC20 swaps to the EVM world! 🌉

Rift's ZK-powered solution seamlessly bridges $BTC liquidity into DeFi, starting with Camelot on Arbitrum & expanding to more Algebra-powered DEXes soon! 💎

Algebra’s Integral infrastructure keeps expanding—now powering 22 decentralized exchanges! 🧩

🔴 9 live DEXes running on our Modular CLAMM:
Kim Protocol, Swapsicle, MorFi, Glyph, Scribe DEX, Fenix Finance, Bladeswap, TrebleSwap, Henjin.

⚙️ 13 DEXes launching soon:
SwapX, Camelot DEX, Honeypot Finance, Horizon DEX, Circuit, THENA, QuickSwap, Thirdfy, Yaka Finance, Fibonacci, Tokan, Grizzly Finance, XTrade.

📈 The future of DeFi is Modular. Let’s build it together: algebra.finance/ 💡

From now on, Algebra is ready to conquer TON blockchain with TONCO! 🎉

Our V3 CLAMM is finally live & ready to be tested on TON in mainnet. Huge congrats to the team! 💎

LFG 💥💥💥

🔗 app.tonco.io/

Less than 24 hours remain until the mainnet launch of our partner DEX, TONCO, on TON blockchain! 💪

Get ready to experience the power of CLAMM, powered by Algebra. 💎

🎉 The Plugins Marketplace is Live for DeFi Builders!

Bring your plugin ideas to life on Integral-powered DEXes & earn a share of the fees from every transaction that uses your plugin.

With our modular V4 CLAMM, innovation has never been easier. Create & implement next-gen solutions for the DEX space today!

🔗 Explore the marketplace: market.algebra.finance

Weekly Digest #154:

🧩 TrebleSwap, the native V4 DEX on Base powered by Algebra Integral, is coming soon
🗼 Algebra attended Devcon
🤝 Algebra x Brevis: ZK Connect
🫛 TONCO DEX, powered by Algebra, won the Best DeFi at TONX event

Read more: medium.com/@crypto_algebra/algebra-weekly-digest-154-e2cd63ae8b2d.

Algebra is powering some of the top DEXes by TVL across various EVM chains!

Here’s the latest:

⚔️ Camelot DEX: #2 on Arbitrum & #1 across Orbit chains
💨 QuickSwap: #1 on Polygon #zkEVM, #2 on Polygon & XLayer
⚖️ THENA: #2 on BNB chain
🌿 Hercules DEX: #1 on Metis L2
🔪 Bladeswap: #3 on Blast
👾 Glyph Exchange: #2 on Core DAO
🖤 Lynex: #2 on Linea
🍣 Kim Protocol: #1 on Mode Network

Algebra continues to conquer DeFi! Check it out: defillama.com/chains

The trading volume across Algebra-powered DEXes has been looking sweet lately 🍾

Hey everyone! We promised to answer some of the questions that came in over the past few weeks, and here’s our team’s response.

Everyone’s excited about the bull market, but its impact on Algebra is limited. A successful TGE requires buyer interest, which is clearly lacking now. In general, Bitcoin is dominant, pushing altcoins and related events to the background.

Key issues wi/ past tokenomics included insufficient liquidity, low buyer interest, limited project visibility on a global scale, and a lack of established connections with key players and projects.

These issues can't be resolved in just a month since pausing the token.
The main takeaway: a TGE requires thorough preparation. A listing alone doesn’t deliver any results.

We continue our efforts—just in recent weeks, five new DEXes have partnered with us, and the first concentrated liquidity DEX built by the Algebra team, TONCO, is launching on TON blockchain on November 19th.

We recently attended some exciting events and received positive feedback on Algebra. We’re now working on additional DEX integrations and building new plugins for Integral, which we believe will influence major DEXes' decisions on adopting Integral in the near future.

Notably, Camelot and v3v are among Algebra’s investors. More investor details will be shared soon.

Our staking results are also promising—17.9K rewards distributed over three weeks. More growth lies ahead, with the bull run, new DEXes, and increased trading fees set to boost future rewards.

Now, let's get straight to the questions you left:

1) I have 295k ALGB, in the staking page the value of 295k tokens is 1328, last week it was almost double. Any reason??
The balance was changed due to price calculation: for staking, we calculate APR based on an ALGB price of 0.0045.
For the unified token airdrop, we’ll calculate the drop for each participant based on a price of 0.008.
In your case, the initial price display might be a bug, but it doesn’t affect your rewards.

2) Any info about how the new tokenomics will handle the leftover $ALGB on exchanges like MEXC? If there were previously 800M tokens with only 400M on-chain, will there be inflation or a 1-to-1 ratio drop for the new token?
We believe there are very few tokens left on centralized exchanges, as most users moved tokens to cold wallets before the snapshot. This should not be an issue.

3) Will Algebra launch its own branded DEX, given the existing infrastructure?
This would require forming a dedicated DEX team, mainly for marketing. We often receive proposals from blockchain projects, so branded DEXes may come soon.

4) Could the new token be launched in Q4 this year? The white paper says timing could be adjusted for the bull run. Isn’t the bull run happening now?
No, there isn’t enough time to prepare. The issues haven’t been resolved, but we are actively working on them.

5) What happened to the ALGB token? I have mine on Polygon, but it’s no longer supported.
Please refer to this article: https://medium.com/@crypto_algebra/algebra-new-tokenomics-unified-token-plans-update-for-august-21st-eb4bdd9832d2

6) Rewards were low at the start of staking. It might have helped to maintain the 70/30 split and then gradually switch to 30/70 as fees increased and integral value grew. Now everyone’s disappointed with just $7.34 per week in a bull market.
Before the snapshot, ALGB token’s price was 0.005 USD—now, it provides an APR of over 50%. That’s a solid figure even for a bull market, and it will only increase from now.

7) Would creating an OTC platform for users to trade be possible? This could add some tradeable value for the project's future… any thoughts?
We don’t control OTC trades, but users can initiate these transactions themselves.

8 ) Could we get monthly updates on TGE progress?
We’ll begin preparing these updates soon. Thank you for the feedback.

That’s all for now. Thank you for your time and interest in the project’s growth. We share your passion for bringing Algebra to top-tier status in DeFi, and we’re working hard to make that happen.

Oooga booga! We've been featured in berachain's comprehensive ecosystem review by Simplicity Group 🐻

Feels great to be listed among DeFi's top projects, ngl 😋

🇹🇭 We’re at Devcon – let’s connect! We’d love to meet other projects and explore long-term partnerships.

Meanwhile, Vladimir Tikhomirov, Algebra’s co-founder, had the opportunity to present our CLAMM & other products, sharing insights on future developments, achievements, and more.

TrebleSwap, powered by the Algebra Integral CLAMM, is preparing to launch on Base! 🤝

We attended Brevis ZK Connect, co-hosted by AltLayer, EZKL, Scroll & Succinct! 🔊

Vladimir Tikhomirov presented on Integral's modular AMM, V4 plugins, new DeFi apps, ZK coprocessors, restaking, and much more. ✅

Weekly Digest #153

🥕 Algebra is coming to Kakarot
♉️ Bulla Exchange, the next powered by Algebra Integral, is launching on Berachain
💪 Algebra is joining Devcon & TONX’ hackathon
🫛 TONCO mainnet, running on Algebra CLAMM, is launching on TON on November 19th
👀 Algebra’s attending ZK Connect, hosted by Brevis

Learn more: medium.com/@crypto_algebra/algebra-weekly-digest-153-f8b1dd2fdfc4.

🫛 TONCO DEX, powered by Algebra CLAMM, is launching on the TON blockchain mainnet on November 19th! 💎

Our groundbreaking DEX engine, the first concentrated liquidity AMM on TON, will soon be live, bringing numerous benefits to traders, LPs, arbitrageurs, and all DeFi market participants. 💪

Get ready!

Big things are coming to Kakarot 👀

Did you know? MorFi on Morph is the first DEX using Algebra Integral with the new Sliding Fee Plugin! 🐨🖖

⚡️ Offering LPs up to 15% greater efficiency than other methods, MorFi leverages Algebra's modular AMM and innovative plugin, inspired by A. Nezlobin.

👓 Learn more about innovative V4 plugin here: medium.com/@crypto_algebra/the-sliding-fee-plugin-for-algebra-integral-new-calculation-approach-with-15-efficiency-3b350fc7c0db.