Building the trustless trade supply chain. Turbine: app.turbine.exchange - large trades at low spread Fynd: fynd.xyz - local dex routing
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The best place for large trades is now Ethereum.
Introducing Turbine.
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You don't need an OTC desk to offer stable rates
Deploy your own Stable Rate Swap router for
ANY Token
ANY Rate, and
ANY Size (up to all AMM liquidity)
No limits, no trust, no middlemen.
Powered by Ethereum.
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Swaps settle onchain, self-custodial and atomically.
Own your stable-swaps.
Setup your own Stable Rate Swap API today: docs.fynd.xyz/guides/stable-…
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Fynd will soon support @RealityFi_xyz’s rTokens powered by @BitgetWallet.
Get the best quotes for your tokenized stock swaps in < 20ms.
Stay tuned!
Welcoming a new @RealityFi_xyz to Bitget Wallet
1,700+ tokenized US stocks are now accessible 24/7 via rTokens. 1:1 backed by US stock custody, traders get direct access to Nasdaq + NYSE liquidity
Hold, trade or pair them. Imagine the endless realities: web3.bitget.com/en/blog/arti…
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Swapping tokenized stocks?
Fynd is already winning 31% of $NVDA swaps and 27% of $SPCX swaps on @okutrade
Try it on your next swap
NEW INTEGRATION 🚨
Fynd by @PropellerSwap is live on Oku.
Fynd routes across 40+ protocols and 180K+ liquidity pools to find better swap routes.
The best place to swap just got better.
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.@flashnet’s cross-chain swaps depend on winning the wallet quote race
Fynd returns the best price in 82% of those races (with ~58ms solves)
Flashnet stays reliable while other aggregator APIs hit a rate-limit
here's @foflexity on how Flashnet uses Fynd
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Market Makers constantly bleed to HFT on their RFQ quotes (which are taker last-look)
You pay extra fees to compensate their loss to HFT.
Turbine is *same-look*: maker and taker prices reference the same market mid-price –> no loss to HFT -> cheaper prices for you.
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Full episode:
Ethereum is the Future of Finance
In this episode of Deeply Intents I chat with @haikane, founder of @propellerswap. The recording (🎤, 🎧), breaks down PropAMMs: what they are and how they evolve the market microstructure on Ethereum main-net.
But that's not the crescendo. 𝆒🎶🎶🎵 🤨
We also unpack the Propeller stack -- Tycho, Fynd, and Turbine -- a sovereign trading stack for Ethereum. 🤯
The episode would not be complete without a few Spicy takes 🥵. In particular, builder centralization and batching in DeFi.
Please note, the propeller stack is Open Source. 🔥
Timestamps
0:00 - Setting the stage
1:11 - What is a PropAMM?
3:24 - Solana PropAMMs vs Ethereum PropAMMs
4:56 - RFQ Systems in comparison
6:44 - PropAMMs solve many issues
8:17 - Offchain actors set parameters on a curve
10:05 - How PropAmms impact onchain routing
14:31 - AMMs *can* provide better prices than a makers
16:34 - PropAMMs and market microstructure
20:32 - Ethereum is a coordination layer
25:48 - Building a self-sovereign trading stack
30:16 - Advantages of open source
31:38 - Fynd turns Tycho into a DEX aggregator
37:10 - Listening to developer feedback
39:31 - Local routing is 100x faster
45:01 - Fynd is customizable
46:50 - Turbine solves problems for large traders
49:20 - Inspiration for Turbine
50:24 - Trades settle in batches
53:45 - Confidentiality, Transparency, & TEEs
57:06 - Turbine is a mixture of many things
56:30 - Open source can be very good business
59:51 - Spicy prediction on DeFi
1:03:44 - Ethereum is the model to follow
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Trade without paying for someone else’s speed advantage
app.turbine.exchange
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Fynd just became 2.4x - 120x faster.
Most Liquid, Fynd's fastest algorithm, routes trades on Ethereum in 0.37ms p50 (p95: 0.84ms).
This lets Fynd search deeper. The price improvements show it:
On trades > 100k, Waterfill improved 2.22 bps on average and
Aperture (in preview) adds another 5.8 bps over Waterfill!
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Graph search was rebuilt entire across all our routing algorithms.
And split routing is now competitive on small and large trades.
For questions, reach out in tycho.build TG group.
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Full episode:
Ethereum is the Future of Finance
In this episode of Deeply Intents I chat with @haikane, founder of @propellerswap. The recording (🎤, 🎧), breaks down PropAMMs: what they are and how they evolve the market microstructure on Ethereum main-net.
But that's not the crescendo. 𝆒🎶🎶🎵 🤨
We also unpack the Propeller stack -- Tycho, Fynd, and Turbine -- a sovereign trading stack for Ethereum. 🤯
The episode would not be complete without a few Spicy takes 🥵. In particular, builder centralization and batching in DeFi.
Please note, the propeller stack is Open Source. 🔥
Timestamps
0:00 - Setting the stage
1:11 - What is a PropAMM?
3:24 - Solana PropAMMs vs Ethereum PropAMMs
4:56 - RFQ Systems in comparison
6:44 - PropAMMs solve many issues
8:17 - Offchain actors set parameters on a curve
10:05 - How PropAmms impact onchain routing
14:31 - AMMs *can* provide better prices than a makers
16:34 - PropAMMs and market microstructure
20:32 - Ethereum is a coordination layer
25:48 - Building a self-sovereign trading stack
30:16 - Advantages of open source
31:38 - Fynd turns Tycho into a DEX aggregator
37:10 - Listening to developer feedback
39:31 - Local routing is 100x faster
45:01 - Fynd is customizable
46:50 - Turbine solves problems for large traders
49:20 - Inspiration for Turbine
50:24 - Trades settle in batches
53:45 - Confidentiality, Transparency, & TEEs
57:06 - Turbine is a mixture of many things
56:30 - Open source can be very good business
59:51 - Spicy prediction on DeFi
1:03:44 - Ethereum is the model to follow
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your aggregator tells you your users got the best price. did they, actually?
aggregators can overquote to win your flow while users lose money at settlement.
Hindsight shows where Fynd would have returned more.
here’s @TamaraLipows walking us through some interesting data.
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Hindsight is currently in alpha. we’re testing it with selected venues.
the code and method will be open source so you can run your tests on your own swaps and verify results.
want to see how much more your users could get with Fynd?
DM '@tanay_j' on TG.
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