Osmosis osmo
US$0.19
-6.50%
💡
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Summary
Osmosis (OSMO) is the premier DEX and cross-chain DeFi hub within the Cosmos ecosystem, a network of over 50 sovereign, interoperable blockchains seamlessly connected through the Inter-Blockchain Communication Protocol (IBC). Pioneering in its approach, Osmosis offers a dynamic trading and liquidity provision experience, integrating non-IBC assets from other ecosystems, including Ethereum, Solana, Avalanche, and Polkadot. Initially adopting Balancer-style pools, Osmosis now also features a concentrated liquidity model that is orders of magnitude more capital efficient, meaning that significantly less liquidity is required to handle the same amount of trading volume with minimal slippage.