EN
Culture tour · 14 min

DeFi lore

Order books since 2012, AMM pools since 2024, and vaults and lending in the validator vote.

  1. 2012-06
    A built-in exchangeThe ledger launches. Its decentralized exchange has run continuously since.Source
  2. 2017-02-21
    Tick sizeTickSize switches on. Issuers can set how many digits count when offers are ranked by rate.Source
  3. 2024-03-22
    AMM poolsThe AMM amendment switches on. Pools issue LP tokens and work alongside the order books.Source
  4. 2024-11-02
    Price oraclesPriceOracle switches on. Providers can store outside price data on the ledger.Source
  5. 2025-01-30
    Clawback meets poolsAMMClawback switches on. Tokens with clawback enabled can be used in AMM pools.Source
  6. 2026-02-18
    Permissioned DEXPermissionedDEX switches on. A permissioned domain controls who can place and accept offers.Source
  7. 2026-11
    Vaults and lending in the voteSingleAssetVault and LendingProtocol are open for validator voting. Live count on the Amendments page.Source