GIWA is an Ethereum Layer 2 chain launched by Dunamu, the company behind Upbit. It's built on the OP Stack, produces blocks every second, and is fully EVM compatible, meaning anything written in Solidity can be ported over directly. It's currently in testnet, and Dunamu is positioning it partly as a way to bring Korean-speaking developers into Web3, while keeping the door open globally. In short, GIWA's goal is clear: move Upbit's trust and user base onchain.
The biggest problem for a new L2 usually isn't technical, it's economic. A chain can be fast and cheap, but without real trading volume, deep liquidity, and active markets, it's just an empty highway. This is exactly where Ammora comes in.
@AmmoraHQ positions itself as liquidity infrastructure, not just another DEX. The flow works like this: an asset first launches, then real demand shapes it, then liquidity is grown, and finally the value created gets shared among projects, partners, and LPs. They bring token launches, swap routing, and fee distribution together into one onchain system.
Here's why that matters for the GIWA ecosystem: what's usually missing on a new chain is the market-creation layer. When a project launches a token, questions like where it'll trade, how liquidity gets deepened, and how fees get split are normally solved piecemeal across different protocols. Ammora is trying to offer all of that through a single SDK, so launchpads, wallets, and other apps can plug in directly.
They offer two liquidity models: ALMM, concentrated liquidity near the current price, and ARL, liquidity that stays active across a wider, longer-term price range. Having both gives short-term traders and long-term LPs different options to work with, something single-model AMMs usually lack.
Launch: an asset goes live and opens its first trades
Trade: users get a simple place to buy and sell from day one
Grow: liquidity keeps working as the market scales
Share: projects, partners, and LPs split the value created
The current numbers are still early-stage signals, a pre-mainnet prep phase. But GIWA itself isn't on mainnet yet either, so Ammora is essentially growing alongside the chain, positioned to become its core liquidity layer from the launch stage onward.
Bottom line: GIWA solves for speed and access, while Ammora builds the infrastructure that lets real markets form on top of that chain and actually stay alive. An L2's success comes down largely to how usable the apps built on it are, and Ammora is stepping into that role as a genuinely necessary piece of infrastructure for GIWA.