Why Sat.is?

Best In Class Perpetual Contracts Trading Experience
The one thing that traders hate while using DEXs is high slippage. Seeing your profits get eaten up due to low levels of liquidity is truly an unpleasant sight. More so, this effect is amplified when trading with leverage.
With that in mind, Sat.is’ carefully thought out architecture would ensure sufficient liquidity for all trading pairs at all times. Sat.is utilizes an algorithm that optimizes liquidity from L/S-AMM and liquidity mining when placing orders on the order books, thus maintaining minimum spread. With this liquidity optimization, traders can expect zero slippage while trading.
High throughput and low latency are essential to replicate the best trading experience. Sat.is is a multichain decentralized exchange that will first launch on Boba, Arbitrum and Optimism. Both Layer 2 solutions are high performance chains that are able to process significantly more transactions per second when compared to Ethereum. With plans to launch on multiple other high performance blockchains in the future, including but not limited to, Polygon and Solana, Sat.is is capable of providing a high speed and low transaction fees trading environment for traders.
Besides, traders are able to utilize advanced order types on Sat.is in strategizing their trades, hence mimicking trading experiences on CEXs whilst having their funds fully under self-custody.
Long/Short-Automated Market Maker (L/S-AMM) Pools with Zero Impermanent Loss and High Real Yields
Liquidity in traditional AMM pools are prone to impermanent loss, leading to reduction of yields for LPs.
Sat.is deploys a unique Long/Short-Automated Market Maker (L/S-AMM) feature to tackle this issue. Under L/S-AMM, LPs only need to provide a single type of stablecoin (USDC or USDT) in the pools, enabling them to have no risk of impermanent loss.
Under traditional AMM, the APR on LPs’ funds ranges from 10% to 25% on ETH and BTC stablecoin pairings (eg. ETH/USDC, BTC/USDC, etc), with impermanent loss being a yield dampening factor. At Sat.is, L/S-AMM are equipped with leveraged trading pools for pairs with leverage trading available. There are two types of leveraged trading pools, the 3x L/S pools and 5x L/S pools. LPs will be able to enjoy significantly higher real yields by providing liquidity in these pools.
For risk-averse LPs, unleveraged trading pools are available as well.
Sigma Mining Enabling High Capital Efficiency
The question in DeFi going forward will be “How do we improve capital efficiency?”
Total Value Locked (TVL), whilst an important indicator, is not without its flaws. Recently, the narrative of capital utilization rate being a more accurate yardstick of a DApp’s performance has been on the rise. We at Sat.is could not agree more!
Our Sigma Mining is a modified and improved version solution with the aim of enhancing LPs’ capital utilization rate.
Unlike in other DEXs and protocols, Sat.is’ Sigma Mining pools do not go by “trading pairs”. Instead, the pools are separated by the type of stablecoins, for example there is only one pool each for USDC and USDT. This modification allows for LPs’ capital to be more efficiently used, as whenever there is a trade (regardless of trading pairs), LPs’ funds within range will receive a pro-rata predetermined percentage of the rewards.
LPs are incentivized by being rewarded with our native token, $SATIS for providing liquidity and enabling minimum spread on all trading pairs.