Shell Protocol (SHELL) is an open-source DeFi infrastructure with its own AMM engine. It aims to help developers built their AMMs on Artbitrum.
The Shell v2 lets users build capital-efficient AMMs that can evolve over time, design transactions with seamless atomic composability, and offer up to 4x cheaper gas costs for users. It’s a new ecosystem of financial primitives (like AMMs, lending pools, algorithmic stablecoins, or NFT markets) forming the next wave of leading DeFi projects. Shell v2 is built on two innovations: Proteus, an AMM engine, and the Ocean, a shared multi-token ledger for composing DeFi primitives.
Shell v2 is built on two innovations: Proteus, an AMM engine, and the Ocean, a shared multi-token ledger for composing DeFi primitives.
Proteus is a tool that can precisely implement any trading strategy, allowing concentrated liquidity with fungible LP tokens, as well as bonding curves that can evolve over time. As an AMM engine, it allows financial engineers to design custom AMMs without ever writing a line of Solidity code.
The Ocean is a simpler and more efficient home for composing DeFi operations. It is three things in one: a shared multi-token ledger, a standardized accounting framework for DeFi primitives, and a smarter system for composing primitives.
