Exchange Infrastructure for the Internet | Greylock

Tokemak is the unified liquidity layer of Web3, spanning across all DEXs, chains, and layers. It removes the friction for users to become Liquidity Providers, increasing liquidity bandwidth across the board. The diagram below shows how Tokemak functions. 

“Deep liquidity” means preserved value when trading between tokens. “Thin liquidity” means loss of value when trading between tokens.

In the internet of value, greater amounts of liquidity are necessary to do more things and move additional value. Thin liquidity means participants will not move greater value, because the value loss to them is too high. Imagine an economy where value cannot flow freely because every time it moves, exchanges, or transfers; it loses value. This is t... See more