LFJ
JOE
Multi-chain decentralized trading and aggregation platform
Performances
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.82% | 1.60% | 11.52% | 9.74% | 25.17% | 25.30% |
Comparison
Fundraising not disclosed
Token not listed
Token not listed
Details
This content is generated by RD AI and is for reference only
LFJ (formerly Trader Joe) is a multi-chain decentralized trading and aggregation platform built on the Liquidity Book DLMM. It concentrates liquidity into discretized price bins to enable zero-slippage swaps; users can provide liquidity with custom shapes and earn fees through dynamic surge pricing. The platform also offers a Meta-Aggregator that routes trades to the best prices across chains, a token screener, a trading terminal, and supports limit orders and DCA execution.
Tokenomics
On-chain Holding
Top Holders
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|
Follow Updates
Follow Lists
People
About LFJ
LFJ, formerly Trader Joe, launched on Avalanche in September 2021 as a one-stop DEX. Its key milestones include: November 2022, the launch of Liquidity Book (V2), an innovative AMM with discrete bin-based pricing and dynamic fees; December 2022, deployment to Arbitrum, expanding its multi-chain presence; June 2024, the release of V2.2 introducing concentrated incentives, enabling on-chain, native reward mechanisms for LPs. These developments solidified its position as a leading DEX on Avalanche and a major liquidity provider on Arbitrum, particularly during the ARB airdrop when its LB pools captured significant trading volume. The project also introduced veJOE for governance and fee sharing, and expanded to BNB Chain, reflecting its long-term growth strategy.
Bullish: Clean supply side, MC/FDV 91.5%, no near-term unlocks; business active with expansion to Monad chain and continuous code/doc updates; sJOE staking pool locks 45% supply and fee-sharing mechanism remains functional, giving real holder rights.
Bearish: Fees and TVL contracted sharply over 30 days (-58% to -68%); LBank reported volume deviates 58x from actual depth, raising data credibility concerns; 2-of-5 all-EOA multisig can upgrade sJOE contract without delay, highlighting governance risk; cross-chain lock gap unexplained; recent price hit all-time low with single-day amplitude over 120%, showing extreme volatility.
0xMurloc: Co-founder of LFJ. Full-stack developer and product manager. Previously Head of Product at a unicorn startup that went public. Holds an electrical engineering degree from a top US university. In crypto since 2014, active in DeFi since earlier this year.
Cryptofish: Co-founder of LFJ. Full-stack and smart contract engineer. Contributed to Avalanche projects including @throwsnowballs, @Pandaswapex, and @sherpa_cash. Previously worked at a FAANG company and a crypto derivatives exchange. Holds a master's in computer science from a top US university. In crypto since 2017.