Background

Kromatika Finance

  • What is Kromatika? Kromatika is a decentralized exchange (DEX) that offers trading solutions on Ethereum L1 and L2’s. It specializes in limit orders, swaps, perpetual trading, and gasless swaps. Kromatika was founded on 15th November, 2021, and soon after, won an award at the Chainlink Fall Hackathon 2021. 
  • Why use Kromatika’s dApp? Kromatika is a MetaDEX Aggregator that helps to source liquidity for traders from different DEXes to find the best - fastest & cheapest - route for their swap. Kromatika’s Limit Orders (FELOs) are fully decentralized, which offers an innovative solution such as no price slippage, MEV-resistant trades, and in addition, traders earn LP fees on top of their Limit Order. Kromatika also offers Perpetual Trading in partnership with ApolloX. It has 72 crypto derivative pairs, and offers up to 100x leverage. Very low trading fees when compared to other competitors in the defi space. Gasless swap is another product by Kromatika. This fits in with the MetaDex Aggregator. At the time of swap, turn ON the gasless swap mode to enjoy this feature. Using this feature will allow you to save your $ETH or $MATIC for a rainy day, as the gas fee automatically gets deducted from your swap output token. The entire process is automated, smooth, and quick. 
  • What is FELO? FELO (Fees Earning Limit Orders) are limit orders that are run on top of Uniswap v3 technology. There is no other DEX in the space that offers this feature.

Fully automated, fully decentralized limit order with bot protection, no swap fees, no slippage, and the ability to earn LP fees when market price enters user specified price range is what FELO is all about. Users earn an extra 1.3% - 9% extra LP fees depending on the pair.

Integrations
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