---
title: "DeFiPlaza"
url: "https://radix.wiki/ecosystem/defiplaza"
version: "3.2.0"
updated: 2026-08-27
last_verified: 2026-08-27
license: CC-BY-4.0
license_url: "https://creativecommons.org/licenses/by/4.0/"
---

# DeFiPlaza

| Type | Multi-token AMM DEX |
| --- | --- |
| Status | 🟢 Active |
| Networks | Ethereum & Radix |
| Token | DFP2 |
| Launched | 2021 (Ethereum) · 2023 (Radix) |
| Website | [defiplaza.net](https://defiplaza.net) |
| GitHub | [OmegaSyndicate](https://github.com/OmegaSyndicate) |
| X | [@defiplaza](https://x.com/defiplaza) |

**DeFiPlaza** is an open-source, decentralized exchange operating on both [Ethereum](https://en.wikipedia.org/wiki/Ethereum) and [Radix](/contents/tech/core-protocols/radix-engine). Its [Radix deployment](https://defiplaza.net) is a next-generation [automated market maker](https://en.wikipedia.org/wiki/Automated_market_maker) built to reduce [impermanent loss](https://en.wikipedia.org/wiki/Automated_market_maker) and deliver higher, more consistent returns for liquidity providers, prioritising sustainable LP income over raw trade volume.

## History

DeFiPlaza launched on Ethereum in October 2021, where it became one of the network's more capital-efficient DEXs with up to 124 trading pairs. Following a unanimous community vote, the project expanded to the Radix L1 after the [Babylon](/contents/tech/releases/radix-mainnet-babylon) upgrade, bridging its DFP2 token to Radix and launching its Radix DEX in October 2023. The team cited Radix's [asset-oriented](/contents/tech/core-concepts/asset-oriented-programming) design and more favourable transaction-cost dynamics as reasons for the move to a more secure environment for complex DeFi.

## Core Features

- **Multi-token trading**: direct swaps between many token pairs from a shared pool, reducing intermediary hops.
- **Single-sided liquidity**: LPs gain exposure only to the token they provide plus DFP2, the platform's internal base token.
- **Concentrated liquidity & dynamic fees**: liquidity concentration and trading fees adjust to market conditions to improve capital efficiency and sustainability.
- **Annualised LP Returns (ALR)**: each pair surfaces an ALR metric so liquidity providers can compare pool performance directly.

## DFP2 Token

**DFP2** is DeFiPlaza's operational base token, paired against listed assets (for example [ASTRL](/ecosystem/astrolescent)/DFP2, XRD/DFP2, and WEFT/DFP2) and used to route multi-token swaps. It bridges between the Ethereum and Radix deployments, giving the two-chain platform a shared unit of account.

## Status & Metrics

DeFiPlaza on Radix remains [live and operational](https://defiplaza.net). Its [public pairs endpoint](https://defiplaza.net/api/pairs) listed **156 pairs** on 27 August 2026 holding **$183,419** in total value locked. That liquidity is concentrated: 50 of those pairs held more than $100 and 17 held more than $1,000. [DefiLlama](https://api.llama.fi/protocol/defiplaza) measured the same deployment at $180,367 on the same morning.

The two deployments are no longer peers. Ethereum produced almost all of DeFiPlaza's lifetime trading, roughly **$846 million** of the **$855.5 million** the protocol has settled across both chains, against about **$9.5 million** on Radix. It now produces almost none of it. In the thirty days to 26 August 2026 the Ethereum DEX traded **$801** and collected **$12** in fees, while the Radix DEX traded **$119,685** and collected **$1,095** ([volume](https://api.llama.fi/summary/dexs/defiplaza) and [fee](https://api.llama.fi/summary/fees/defiplaza) series, per-chain breakdown). Radix holds **95.9%** of the protocol's total value locked. The Ethereum [swap app](https://app.defiplaza.net/swap) is still live and still quotes its 0.1% fee. The trading moved.

## Team

DeFiPlaza was created by three co-founders: **Jazzer9F**, the project's originator, an electrical engineer and long-standing Radix community member; **UI_guy**, responsible for front-end development; and **djtrebel**, who brought startup and community-engagement experience and is also associated with [Astrolescent](/ecosystem/astrolescent), a Radix DEX aggregator.

## External Links

- [Official exchange (Radix) – defiplaza.net](https://defiplaza.net)
- [Swap app (Ethereum) – app.defiplaza.net](https://app.defiplaza.net/swap)
- [Documentation – docs.defiplaza.net](https://docs.defiplaza.net)
- [Analytics – stats.defiplaza.net](https://stats.defiplaza.net/pools/radixplaza)
- [Radix bridge – bridge.defiplaza.net](https://bridge.defiplaza.net)
- [GitHub – OmegaSyndicate](https://github.com/OmegaSyndicate)
- [X – @defiplaza](https://x.com/defiplaza)