Decentralized exchange Trader Joe announced it's now live on Ethereum, bringing its AMM Liquidity Book to the Ethereum ecosystem. At launch, Trader Joe opens two markets, USDC/USDT and DAI/USDC.
Liquidity Book is Trader Joe's concentrated liquidity AMM launched last November, which aims to improve capital efficiency and to offer flexibility, volatility-adjusted fees, and zero-slippage swaps to liquidity providers. Trader Joe will also deploy on-chain limited orders and its token $JOE to Ethereum soon.
Apart from Ethereum, Trader Joe is also live on Avalanche, Arbitrum and BNB Chain.
Related: Trader Joe Launches On-Chain Limit Orders