CavalRe is here to build the financial primitives needed to power the next generation of decentralized capital markets. With that in mind, we've developed a new kind of decentralized exchange (DEX) we are calling a self-financing market maker (SFMM) and we'd like you to give our testnet alpha a try.
In this guide, we'll walk you through how to get started.
You can access the exchange at https://app.caval.re and should see the following dashboard:
The dashboard is split into three main tabs, Pool, Account and Analytics, together with Settings.
The Pool tab displays some basic statistics about the pool including the total value locked (TVL) and the number of pool tokens outstanding.
The Account tab displays basic user account info balances and allowances for each token owned.. The exchange currently contains 5 asset tokens, but it can, in principle, support hundreds or thousands of tokens.
In the Settings, you can select the numeraire, i.e. the base currency in which TVL and prices are measured and displayed and can select the color mode: light mode or dark mode.
Here you can also mint and burn test tokens that are required for multiswaps.