DEV Community

Cherri Underwood
Cherri Underwood

Posted on

Ekubo: A Simple Guide to Decentralized Liquidity on Starknet

Ekubo

Ekubo is a decentralized trading platform (AMM) built on Starknet. It allows users to trade, earn, and provide liquidity with low fees and full control over assets.

What is Ekubo?

Ekubo lets users swap tokens and earn fees by providing liquidity. It uses Starknet’s fast Layer 2 technology for cheaper and faster transactions.

Why Use Ekubo?

  • Built on Starknet for speed and scale
  • Non-custodial and permissionless
  • Lower gas fees than Ethereum
  • Smart liquidity management

Key Features

  • Concentrated liquidity
  • On-chain order routing
  • Wallet-based control
  • Developer-friendly

Pros

  • Low fees
  • Full asset control
  • Fast trades

Cons

  • Only on Starknet
  • Requires Web3 wallet
  • Not beginner-focused

Ekubo vs Others

  • Binance: centralized, custodial
  • Coinbase: beginner-friendly, but limited DeFi tools
  • Ekubo: decentralized, more control, but needs some DeFi knowledge

What Forbes Thinks

Forbes highlights Layer 2 as key to Ethereum’s growth. Ekubo supports that vision by making DeFi more accessible and cheaper.

How to Use Ekubo

  1. Connect a Starknet wallet
  2. Go to Ekubo
  3. Swap tokens or provide liquidity
  4. Manage your positions anytime

FAQs

Is Ekubo safe?

Yes, it’s non-custodial and uses audited contracts.

Can beginners use Ekubo?

It’s better for users familiar with DeFi tools.

What wallets are supported?

Starknet wallets like Argent X.

Are there fees?

Yes, but much lower than Ethereum mainnet.

What networks does it support?

Currently Starknet only.

Conclusion

Ekubo offers a fast, secure way to trade and earn on Starknet. It’s ideal for DeFi users seeking low fees and more control.

Top comments (0)