likwid.fi

🧠 Project Name

likwid.fi

https://test.likwid.fi/trade?chain=hype-testnet

🔍 Description

Problem

Today, most DeFi money markets and Leveraged trading protocol

 suffer from key limitations:

• Permissioned access: New assets require team approval before being listed. 
• Unable to support long-tail assets and new DEFI assets
• Oracle dependency: Creates external risks and attack surfaces.
• Capital inefficiency:
  • Siloed liquidity for LP, Only swap fees can be earned

These limitations are particularly harmful to long-tail assets, which often lack deep integrations despite having real user demand.

How to solve

Likwid fills this gap by introducing a unified AMM architecture that seamlessly integrates spot swaps, margin trading, and lending into a single oracle-less liquidity pool. This enables:

• Instant leverage trading (long and short) on any token from day one
• Permissionless borrowing and lending without price feeds or whitelisting

A DeFi-native shorting mechanism that doesn’t require centralized liquidators or external risk approvals

This functionality transforms every token — regardless of market cap or age — into a tradable, lendable financial primitive. Likwid not only enhances capital efficiency across DeFi, but also unlocks previously inaccessible strategies and use cases, such as shorting meme tokens, leveraging synthetic assets, or building new DeFi apps atop long-tail liquidity.

In short, Likwid provides the missing core functionality that brings real leverage, real risk management, and real permissionless access to the entire token universe — fully aligned with the principles of decentralization and financial inclusion.

 The difference between perps and other permissionless lending

• On the DEX leverage trading side, our closest competitors include Dydx, Aevo, and other perp DEXs. While these platforms offer advanced trading experiences, they rely heavily on price oracles and curated asset listings. As a result, they can only support leverage trading for pre-approved, oracle-backed tokens. For instance, when a Trump meme token launches, these platforms typically cannot offer shorting or leverage trading on day one — a gap Likwid fills by enabling instant, oracle-free margin trading and native shorting for any token from the moment it launches.

• On the permissionless lending side, Morpho is a notable competitor. While Morpho innovates in optimizing lending markets, it still requires external oracle infrastructure and is limited to blue-chip and stable asset pairs. It does not support long-tail asset lending or leverage, which are Likwid's core strengths.

🛠️ How It Works

Unified Swap & Lending by (x+x’)*(y+y’)=k

💻 Demo

https://youtu.be/BI4gKDg2it8

📂 Project Links

Include links to anything relevant:

• GitHub: https://github.com/likwid-fi
• Docs:    https://likwidfi.gitbook.io/likwid-protocol-docs
• Live demo URL:  https://test.likwid.fi/trade?chain=hype-testnet

👥 Team

https://x.com/0xuniMeow