Bancor has always been at the forefront of DeFi innovation, beginning in 2017 with the invention of bonding curves, pool tokens, and the AMM - which still remain extensively used across the industry. The newest inventions powering Carbon DeFi and Arb Fast Lane prove Bancor remains deeply committed to delivering excellence, advancing the industry, and pushing the boundaries of what is possible in the world of DeFi.
DEFI Primitives
2017
Constant
Product
Bancor revolutionized the world of decentralized finance (DeFi) by introducing the first AMM with "constant product" technology. This innovation empowered liquidity providers to offer tokens across the entire price spectrum, ensuring liquidity at every price point, especially beneficial for new tokens.
2020
Concentrated
Liquidity
Building upon their groundbreaking work, in 2020, Bancor introduced
"amplified liquidity" (aka
"concentrated liquidity"). This technology addressed perceived shortcomings of the constant product model, reducing price slippage relative to the available liquidity, by placing bounds on the price levels where trading is supported.
2022
Asymmetric
Liquidity
Fast forward to 2022, Bancor's trailblazing spirit continues with the introduction of Carbon DeFi. This innovation introduces "asymmetric Liquidity" by utilizing two separate adjustable curves, one for buying and one for selling, reshaping the DeFi landscape once again.
2023
Arb Fast Lane
Identifies and executes arbitrage opportunities between Bancor AMMs, Carbon DeFi, and the broader onchain market.