What Is Atlas DEX? A Capital Efficient Cross-Chain DEX and DeFi Optimizer

To find out even more about this project, check out our deep dive of [Atlas DEX](https://coinmarketcap.com/currencies/atlas-dex/).

## What Is Atlas DEX (ATS)?

[Atlas DEX](https://coinmarketcap.com/currencies/atlas-dex/) is a decentralized cross-chain [DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex) aggregator, allowing users to trade cryptocurrencies across multiple chains. This is possible on centralized exchanges, but comes with a number of pitfalls: although centralized exchanges offer bridges to transfer assets between different blockchains, they suffer from the same problem as traditional finance: fragmentation, centralization, and counterparty risk. Atlas DEX tackles the problem of cross-chain liquidity fragmentation, which prevents traders from executing trades where they might lose capital to slippage.

Atlas DEX promises to solve this by integrating Solana’s [Wormhole](https://coinmarketcap.com/alexandria/article/320m-stolen-from-wormhole-replaced-by-parent-firm) bridge into its protocol, which provides traders with aggregated liquidity through a single user-friendly UI. The protocol aspires to be the go-to solution for traders on decentralized exchanges to execute trades in the most capital-efficient manner. 

After launching cross-chain swaps from [Ethereum](https://coinmarketcap.com/currencies/ethereum/), [Polygon](https://coinmarketcap.com/currencies/polygon/), and [BSC](https://coinmarketcap.com/currencies/binance-coin/) to Solana this quarter, its roadmap envisions further integration with [Terra](https://coinmarketcap.com/currencies/terra-luna/) and [Avalanche](https://coinmarketcap.com/currencies/avalanche/). In the latter half of 2022, Atlas will launch [liquidity pools](https://coinmarketcap.com/alexandria/glossary/liquidity-pool) and farms, integrate other blockchains, and launch an [NFT](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) marketplace and a launchpad.


## Who Are the Founders of Atlas DEX?

Atlas DEX was founded by Ahmed Salam, a Danish computer scientist that has extensive work experience as a CTO, managing partner, founder, and solution architect across several companies. In total, Mr. Salam has worked for over 18 years in leadership positions designing business solutions for banks, pension companies, and other public and private institutions. 

In total, Atlas DEX has produced a team of nine developers with a combined 22 years of blockchain development experience with major blockchains like Ethereum and BSC. Furthermore, the project has raised six million dollars from leading crypto venture capital funds like Huobi Ventures, Genesis Block Ventures, Solidity Ventures, Jump Capital, 3COmmas Capital, and more than half a dozen others.


## What Makes Atlas DEX Unique?

Atlas DEX stands out with its unique value proposition that is attractive to virtually any trader if appropriately executed. Traders can collect the best prices from several exchanges without worrying about slippage or going through the hassle of bridging tokens and putting their capital at counterparty risk. Moreover, the fast transaction speed on Solana ensures near-instant execution at a low cost with high security.

For example, if a trader wants to execute an eight-figure trade on an illiquid asset, they would have to either:



1. Go through a [centralized exchange](https://coinmarketcap.com/alexandria/glossary/centralized-exchange-cex).
2. Reduce their position size.
3. Or lose a significant amount of money to [slippage](https://coinmarketcap.com/alexandria/glossary/slippage) (and sometimes all three).

Atlas DEX addresses this through its cross-chain support that currently supports Ethereum and Binance Smart Chain and will integrate other L1 and L2-chains in the future. 

Furthermore, Atlas DEX plans to incentivize trading through its protocol by offering liquidity pools and permissionless listing of new trading pairs. Like at traditional [AMM](https://coinmarketcap.com/alexandria/glossary/automated-market-maker-amm)s, traders will be able to receive rewards in the protocol’s native governance token.


## Related Pages:

Check out [Solana (SOL)](https://coinmarketcap.com/de/currencies/solana/) — the high-speed blockchain Atlas DEX is built on.

Check out [Raydium (RAY)](https://coinmarketcap.com/currencies/raydium/) — the decentralized exchange of the Solana blockchain.

Read our [deep dive into Atlas DEX](https://coinmarketcap.com/alexandria/article/what-is-atlas-dex-a-capital-efficient-cross-chain-dex-and-defi-optimizer).

Get the latest crypto news and latest trading insights with the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog).


## How Many Atlas DEX (ATS) Coins Are There in Circulation?

The ATS token has a [total supply](https://coinmarketcap.com/alexandria/glossary/total-supply) of 250 million according to the following distribution: 



* Public Sale (1.07%): unlocked after one month 
* Community incentives (6.93%): one year linearly.
* Liquidity and platform incentives (30%): dynamically allocated to liquidity pools
* Team and advisors (22%): one year locked, 30 months linearly.
* Private investors (20%): performance-based vesting.
* Treasury reserves (20%): unlocked over four months.

After criticism surfaced on social media over its tokenomics, Atlas DEX introduced a performance-based vesting schedule for private investors. If the total swap volume **exceeds $3 billion**, tokens are locked for six months, the 10% is vested linearly for ten days, with 90% vested linearly for two years. If the total swap volume **falls short of $3 billion**, tokens are locked for nine months, 10% is vested linearly for ten days, with 90% vested linearly for two years.


## How Is the Atlas DEX Network Secured?

Atlas DEX decided to build on Solana because the team felt that it is the only blockchain that can fluently bridge assets across chains without running into scaling problems. Its speed and security are able to sustain multiple cross-chain trades in the most cost-efficient manner. Moreover, Solana’s Wormhole [Bridge](https://coinmarketcap.com/alexandria/glossary/bridges) allows bridging to other blockchains securely and in a decentralized manner.

Solana is a [layer-one blockchain](https://coinmarketcap.com/alexandria/glossary/layer-1-blockchain) with a [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism) with partial [Byzantine Fault Tolerance](https://coinmarketcap.com/alexandria/glossary/byzantine-fault-tolerance-bft). Its 200 nodes can process up to 50,000 transactions per second. Solana performs a set of coordinated optimizations to achieve impressive performance and processes transactions in a multi-threaded way, which sets it apart from slower blockchains. 


## Can Atlas DEX Reach $1?

Atlas DEX reached $1 shortly after its launch in the last week of January 2022. At the time of writing, ATS has resurged 67% from its all-time high. That being said, the protocol’s unique value proposition makes a full rebound to $1 an entirely realistic price target.


## Where Can You Buy Atlas DEX (ATS)?

ATS is available on [Huobi Global](https://coinmarketcap.com/exchanges/huobi-global/), and [Raydium](https://coinmarketcap.com/exchanges/raydium/).

Atlas DEX

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BitDAO is a decentralized autonomous organization that wants to level the playing field for every person in the world by building a decentralized token economy. This protocol is one of the world’s newest and largest decentralized autonomous organizations focused on DeFi, and is managed by holders of BIT tokens.

One of the initiative's primary aims is to attract developer talent via token swaps and co-development efforts. The token swaps will enable the BitDAO treasury to accumulate a collection of the top crypto project tokens.

BitDAO's vision is open finance and a decentralized tokenized economy. BitDAO hopes to support a broad range of projects including DeFi, DAOs, NFTs and gaming. Support will be in the form of research and development, liquidity bootstrapping and funding.

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Synapse

Syscoin was created in 2014 by Sebastian Schepis — one of the co-founders of the company that created what became the Oracle Project Manager, an enterprise management system. Following the success of Project Manager, Sebastian has gone on to consult for large corporations like Lockheed-Martin, Bank of America, General Dynamics, Verizon Wireless, and several others

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The WOO Token plays a pivotal role in the WOO ecosystem, and is utilized for staking, fee discounts, and other benefits. WOO Ecosystem products connect traders, exchanges, and institutions with access to the best-in-class liquidity and trading execution at lower or zero cost.

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The WOO mission is to provide the best liquidity on the best terms. Products compete not just on price execution but also on integrity, user experience, innovative tools, and global opportunities.

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BTCST’s goal is to bridge liquidity to Bitcoin’s mining market. This will allow users to get exposure to mining rewards and hashpower of any size, at a low cost. The ultimate goal of the app is to increase the liquidity and efficiency of mining power markets.