What is ALEX?

"ALEX is building the finance layer on Bitcoin. The ALEX DEX is the largest on Bitcoin layers (Stacks Chain) fully integrated with Brotocol, our cross-chain bridge aggregating liquidity across L2s and multi-chain, with LISA as our liquid staking platform."

What is DAMM?
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ALEX DAMM introduces discrete liquidity bins, improved LP mechanics, and advanced swap types. Built for precision.

DAMM (Discrete Automated Market Maker) is the next-generation liquidity engine on ALEX DEX. It brings concentrated liquidity to Stacks by introducing price bins and virtual balances, giving liquidity providers (LPs) tighter control over how their funds are deployed.

Unlike traditional AMMs, DAMM allows users to provide liquidity to specific price ranges (bins), concentrating capital where it’s most likely to be used. This improves capital efficiency and gives LPs more control over their positions.

To learn about the math and architecture behind DAMM, check out the detailed breakdown here.