Recently, I seriously tested @defidotapp, and I was really impressed by this product.

Why? Let's start with the most eye-catching feature: zero gas fee trading—no need to pay gas fees across the platform. You heard it right, even ETH, Sol, and BSC in MetaMask can execute transactions, and the gas fees are covered by the backend. This significantly lowers the barrier for newcomers, making it seem like playing DeFi is just a matter of clicking a few buttons on a webpage.

Let's talk about one-click cross-chain switching: unlike before when you had to bridge first and then swap coins, which was cumbersome. Now, it directly connects trades between Base, Sol, BSC, and Arbitrum seamlessly, with low slippage and fast speed. I tried trading from Base to BNB, and it was almost instantaneous, with no dead spots or delays.

Self-custody accounts are also hassle-free, with the platform automatically connecting you to both Solana and EVM wallets, providing a simple app-like interface. KYC is completely waived, allowing for fully anonymous transactions without complicated authorization interfaces, ensuring privacy is truly clean and refreshing.

The product also has a highlight feature: the Degen Arena points mechanism. You can earn XP just by trading, depositing, and inviting friends. The platform also supports team play, and the prize pool for the first season has distributed over a billion XP, with a current trading volume exceeding $600 M and active users reaching over 40,000 to 50,000.

The financing and economic model are quite solid: total financing is about 6 million USD, with the latest valuation at 100 million, and investors include Mechanism Capital, Selini, Balajis, and others. Importantly, through DIP-004, 80% of the protocol's fees are used for the buyback of $HOME tokens. This business closed loop is truly substantial, not just talk.

Overall, DeFi App does not engage in complex layered products on-chain or rely on high leverage for speculation, but instead uses a unified platform to address the most painful issues for ordinary users: complexity, fees, and privacy. In addition to swap, it also supports perpetual contracts (with Hyperliquid integration) with up to 25x leverage for ETH and 40x for BTC, with fees as low as 0.01%. The experience has already surpassed that of CEX.

In a nutshell: it is the "national app" of the decentralized finance world - fast-paced, low resistance, truly user-centric. If you want to engage in DeFi but don't understand chains or are too lazy to learn about gas fees, you can still get started. This kind of product has the potential to popularize DeFi among the general public, and it is worth keeping a close eye on in the future.
@defidotapp @KaitoAI #defidot # KaitoAI