Osmosis is a leading decentralized exchange (DEX) built using the Cosmos Inter-Blockchain Communication (IBC) protocol and the Cosmos SDK. The advanced automated market maker (AMM) is the leading DEX on Cosmos and the largest interchain DEX in the crypto market that supports cross-chain transactions.
One of the popular cross-chain DeFi protocols, Osmosis lets users launch liquidity pools with unique characters and offers a flexible incentive structure that lets it stand apart from its competition. The customizable AMM platform also allows users to create and manage non-custodial, self-balancing, interchain token indexes and draws inspiration from another leader in the DeFi market, Balancer.
Osmosis supports custom-curve AMMs, dynamic adjustments of token swap fees, and multi-token liquidity pools. In addition, it can also be used to create decentralized token fundraisers, host interchain staking operations, options market, and bonding curves.
OSMO is the native crypto asset of the Osmosis ecosystem and serves as the governance token of the protocol. OSMO holders enjoy voting rights to participate in the decentralized governance mechanism of the Osmosis exchange, where they can contribute their thoughts on future upgrades, allocate liquidity mining rewards for bonded liquidity gauges, and set the network’s base swap fees.
