Native is a web3 firm operating in decentralized finance firm by offering a financial infrastructure layer that transforms exchange into a feature. With they new infrastructure, any application can now become its own exchange in minutes, complete with integrated top-tier liquidity providers as well as the ability to earn from all its own trading fees. In simple terms, the firm facilitates an invincible decentralized exchange layer that turns an exchange into a feature that any app can integrate to its operations in a very short period of time.
Recently, Native has announced that it had raised $2 million in a seed funding round that was led by Nomad Capital, the only participant in this event. The proceeds from the new funding will be utilized to support product development with a major focus on flexibility, modularity and interoperability. With the Native infrastructure, projects can control every element of their swap experience including the UI(User Interface), the pricing model, risk management settings, and swap fees. These functionality is facilitated by a simple web UI that abstracts the complexity of underlying smart contracts and APIs(Application Programming Interfaces).
Since Native’s inception, the firm has managed to maintain a network of programmable, project-owned decentralized exchanges that have collectively helped the firm’s platform to achieve a Total Trading Volume of $151.94 million and a TVL(Total Value Locked) of $7.72 million.
The infrastructure developed by Native works by creating an invincible decentralized exchange layer an embedding it within the project’s UI that is, the project owns its own individual decentralized exchange and can now have the ability to access liquidity across the network. The infrastructure in turn allows the project to keep its own trading fees that could rather be earned by centralized and decentralized exchanges by facilitating user swaps. The features offered by native include seamless integration into decentralized applications, gasless trading, MEV protection, flexible trading and liquidity models that are cross-chain, as well as the ability for fees to be retained by the project itself. The infrastructure is also on-chain and non-custodial.
