Nolus emphasises on seamless interoperability across various netowrks. The protocol's primary strength lies in its ability to tap into different liquidity hub (decentralized exchanges) without causing asset fragmentation. Let's delve deeper into what sets Nolus apart and its implications for the DeFi sector
Real-time Asset Borrowing and Swapping
Nolus' design allows instantaneous asset borrowing and swapping across any integrated DEX. This immediate flexibility in transactions points towards a future where users don't have to commit to a single network. Unlike many protocols that adopted the hub and spoke model for interoperability, Nolus has chosen a different path. The protocol can interact directly with foreign chains by employing Inter-Blockchain Communication (IBC) and Interchain Accounts. This ensures a more decentralized and fluid interaction between different blockchain networks
Supported Transfer Routes
Ethereum, Arbitrum, Axelar, Akash, Cronos, DYDX, Stargaze, Celestia, Composable, Cosmos Hub, Dymension, Evmos, Injective, Jackal, Juno, Neutron, Osmosis, Persistence, Quicksilver, Secret Network and Stride
Supported Liquidity Hubs (Exchanges)
Supported Leverage Assets
WETH, allBTC, allSOL, ATOM, stATOM, dATOM, OSMO, stOSMO, AKT, AXL, CRO, DYDX, INJ, JKL, milkTIA, NTRN, SCRT, TIA and stTIA
For an asset to be whitelisted for leases, it should ideally have a liquidity pool on an integrated DEX with at least $500k in liquidity and be listed on multiple trading venues to facilitate arbitrage during major price movements
⚠️ Assets with smaller market capitalizations and generally limited liquidity may occasionally become temporarily unavailable.
For detailed information about the respective token denominations on the Nolus mainnet, have a look at the public Cosmos chain registry
Supported Assets For Gas Fees
NLS (Nolus Token)