Decentralized exchange Trader Joe is launching on the Ethereum scaling chain Arbitrum.
Trader Joe will deploy on Arbitrum’s testnet in the coming days, with a mainnet launch expected early next year.
Trader Joe's Arbitrum debut will be limited in scope. Features such as its native token JOE, lending platform Banker Joe, and NFT marketplace Joepegs will only be available on Avalanche. Last week, it launched a new technology called the Liquidity Book Automated Market Maker (AMM), which it claims is more efficient than traditional decentralized exchange models. Liquidity Book is the only other feature apart from trading that will be available on Arbitrum.
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