Did you try using a DEX on Ethereum? It is really expensive! You would pay around 50 USD only for gas on a regular day! On top of this, the exchange commission, which all the DEXs have, is usually around 0.3% so it’s fine, right? But it does not end there, you also pay for MEV, which can be around 0.5% on your every trade. So in reality, the average trader can be paying 1.5% on every trade. Yeah, the smallest percentage, which is the exchange fee, goes to the people who do the real job. MEV and gas? These additional charges benefit either network validators or hackers who exploit the system.
HOW
Mangata looked at it and how we could fix it. The key to all of this is to find ways to combine and build upon the DeFi mechanisms that have proven successful. This series shows you how Mangata is the best platform for traders and liquidity providers. Let’s start with traders.
Mangata’s strategy is not just about reducing fees — it’s a shift toward resolving the issues that have long damaged DeFi trading. Mangata is learning from past DeFi models and innovating for the future with these distinct features:
- Offering a fair and efficient trading experience for DeFi participants by minimizing MEV.
- Removing gas costs to make trades more predictable for users.
- Providing access to L1 grade liquidity, which supports native assets on their corresponding blockchains.
Combined, these features make Mangata very strong!
GAS
Mangata operates in a gas-free and MEV-minimized setting. This means that, unlike traditional platforms, the costs associated with MEV and gas are not unfairly shared between validators and frontrunners. Instead, these expenses are reduced for traders and result in higher earnings for liquidity providers due to more trading volume. By reimagining the fee structure in this way, Mangata creates a fairer ecosystem, where LPs and traders benefit more, and hackers cannot prey on innocent traders!
One of the innovative features that makes Mangata stand out in the DeFi space is the gas-free swaps feature. By eliminating Gas as a cost component, Mangata simplifies the fee structure for traders, leaving only a predictable exchange commission of 0.3% of the trade volume.
MEV
Currently, the main approach in DeFi is to redistribute MEV, an issue where those who process transactions can manipulate them for their own benefit. Mangata’s Themis architecture, on the other hand, is a solution that is designed to minimize MEV instead of redistributing it. Themis combats MEV with a two-part process for handling transactions. First, it randomly shuffles the order of transactions to prevent manipulation. Second, it uses a secure system that protects transactions from being unfairly blocked or changed by those processing them.
By employing these methods, Mangata actively minimizes MEV, leading to more honest transaction processing and better trading conditions for users.
FIX
By providing gas-free swaps and MEV minimization, Mangata eliminates two of the three primary cost components of trades. Mangata’s omnichain infrastructure provides an environment where the only cost to traders is the exchange commission, maintained at a competitive rate of 0.3%.
This makes Mangata’s cost structure the most predictable and one of the lowest among decentralized exchanges.
Stay Tuned
Follow Mangata Finance to get updated on all our latest developments:
- Follow us on X @MangataFinance
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- Join the Mangata X Newsletter at x.mangata.finance
- Join the Discord channel
- Check out the Mangata Docs
About Mangata
Trade all tokens from all chains on a single exchange
Mangata is an omnichain liquidity network with the vision to make tokens from all ecosystems tradable on a single exchange. Built on Eigenlayer and Starkware technology, it features gas-free swaps, prevents front-running and MEV, increases capital efficiency with the revolutionary proof-of-liquidity consensus, and offers weight voting and permissionless third-party incentives. As an app-chain building on Substrate, it is not bound by legacy EVM restrictions and optimizes the whole ecosystem around capital efficiency and fairness.
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