2026-01-06 16:25:29

Many people immediately categorize Ferra as a DEX, but this understanding is somewhat misleading. Its true ambition is to become the liquidity hub of the Sui ecosystem.

The two approaches are completely different. Ordinary DEXs focus on transaction fees, aiming to increase trading volume for profit; Ferra, on the other hand, is pursuing the "infrastructure" route. Without hype or black-boxing, it steadily builds itself into a liquidity reservoir for the ecosystem through real trading activity, market-making efficiency, and user accumulation.

One figure can illustrate the point—within just three months of launching on the mainnet, the total transaction volume has already exceeded $1 billion. This growth rate is considered impressive within the Sui chain.

Achieving this relies on two core designs:

First, multiple AMM architectures operating in parallel. It is not confined to a single market-making model but integrates various AMM structures to meet different liquidity needs. This flexibility allows each trading pair to find the most suitable market-making approach.

Second, innovation in capital efficiency. LP assets are no longer just earning fees passively; they can also participate in governance voting, staking for yields, and joining the launch phases of new projects. Capital circulates within the ecosystem, with every liquidity movement creating multi-dimensional value.

From the perspective of the Sui ecosystem, stable and sustained liquidity support is crucial for vitality. Ferra is working to solidify this foundational support.

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RebaseVictim

· 01-06 16:55

Three months to break 1 billion, this number is indeed quite impressive --- Multi-dimensional capital circulation is truly the infrastructure thinking --- The Sui ecosystem needs such a reservoir, otherwise liquidity will always be a bottleneck --- The design of multiple AMMs running in parallel, in simple terms, is not being bound by a single model. This approach is correct --- LPs no longer just sit back and earn fees? Sounds good, how exactly to participate in the Launch phase --- DEX and infrastructure are indeed two different things. Most people haven't fully understood this point --- What level is a 1 billion transaction volume on the Sui chain? Can it compare to Cetus or others? --- Work steadily and genuinely, not just boast. Only such projects have vitality --- Ecosystem liquidity hub, sounds ambitious, but whether it can be stabilized is the key --- Capital circulation has started, which indeed has a boosting effect on the entire ecosystem

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token_therapist

· 01-06 16:55

Three months to surpass 1 billion, this number really has some substance. Ferra's gameplay I get it, it's just not wanting to be confined within the DEX box. The design of enabling funds to play across multiple dimensions is quite clever, but whether it can truly become a hub depends on whether the ecosystem is willing to buy in. How should I put it, infrastructure projects are always more popular than exchanges, and Sui probably needs something like this. LP not only earns fees passively but also participates in the entire ecosystem circulation, which solves a pain point of traditional DEXs. But no matter how flexible the architecture is, there must be trading depth; otherwise, it's all pointless. This growth rate in three months, unless there's real demand, I don't believe it can rise so quickly. By the way, is there any news about multi-chain deployment plans? Just focusing on Sui still feels too small.

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0xTherapist

· 01-06 16:54

Three months with 1 billion in transaction volume—this pace is indeed quite aggressive. I understand this logic; it's not just about grabbing fees, but truly building infrastructure. The multi-dimensional cycle design of LP assets is interesting—it not only earns passively but also allows participation in voting and launches, making full use of resources. The Sui ecosystem needs such liquidity reservoirs. The real moat isn't in trading volume but in whether the capital can stay active. The AMM architecture has some substance; looking forward to it.

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AirdropJunkie

· 01-06 16:42

Only three months to reach 1 billion, this growth rate is indeed impressive. But to be honest, the infrastructure explanation always sounds a bit vague. The key question is whether it can truly retain liquidity.

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