Mangrove is a new type of DEX addressing liquidity fragmentation. It is architectured and implemented with the goal to be a new design space, a novel environment for strategists, traders, market makers and other market participants, to come up with innovative strategies leveraging the principle of reactive liquidity. While the assets may be put to work in lending protocols or other yield generating products, they can still be leveraged to constitute a robust on-chain order book for users to execute their trades.This dual use of liquidity is such a competitive advantage that it will become sub-optimal for LPs not to amplify their liquidity on Mangrove, making it the most liquid DEX.
Location: France, Ile-de-France, Paris
Employees: 11-50
Founded date: 2021
Investors 4
| Date | Name | Website |
| 06.03.2023 | Greenfield... | greenfield... |
| - | SMAPE Capi... | smape.capi... |
| - | Stake Capi... | stake.capi... |
| - | Faculty Ca... | facultycap... |
Mentions in press and media 4
| Date | Title | Description |
| 22.05.2023 | DEX Mangrove Launches on Polygon Testnet, Plans to Go Live on Mainnet in June | Mangrove, a decentralized exchange (DEX), went live on Polygon's testnet with a programmable order book, the firm said on Monday. Paris-based Mangrove has raised about $10 million so far, and is backed by trading and market making powerhous... |
| 02.03.2023 | Are NFT marketplaces becoming an open sea for creator royalties? | To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Welcome back to Chain Reaction. PSA: I’ll be at ETH Denver this week, so if you see me, say hi!... |
| 27.02.2023 | Mangrove DAO pockets $7.4 million series A cheque | French DeFi exchange Mangrove DAO raised $7.4 million in series A funds recently for its order book-based platform that allows digital asset traders to execute smart offers of liquidity pre-emptively, underpinned by digital contracts. The P... |
| - | Mangrove DAO | “Mangrove is an order book-based DEX that solves the problem of fragmented liquidity of DeFi.” |