Background and History
Mangrove was launched to address inefficiencies in decentralized exchanges by allowing users to post offers without locking funds until a trade is executed. This innovation, known as smart offers, creates more flexible and capital-efficient liquidity provision. Mangrove has evolved through the introduction of Kandel, an automated market-making strategy that optimizes liquidity distribution. The platform’s unique features aim to enhance the usability and efficiency of decentralized trading.
Key Features and Technologies
Smart Offers
The core innovation of Mangrove is its smart offers, which enable liquidity providers to post conditional offers without locking their assets. This allows for more flexible and efficient use of capital, as liquidity is only required when a trade is executed.





