Denaria is a fully on-chain perpetual DEX built for the next generation of traders. Denaria delivers a mobile-first trading experience designed to make perpetual trading accessible without sacrificing self-custody or transparency. The protocol is powered by a custom dynamic virtual AMM that combines oracle-based pricing with virtual liquidity. This architecture enables leveraged trading with efficient execution and optimized slippage, while remaining fully on-chain.
Denaria is a mobile-first perpetual trading platform built for the next generation of on-chain traders.
As trading increasingly shifts from desktop terminals to smartphones, user expectations are changing. Modern traders expect instant onboarding, seamless execution, and intuitive interfaces that work anywhere, at any time. While traditional finance platforms have embraced this transition, on-chain perpetual trading remains largely optimized for crypto-native users and desktop experiences.
Most perpetual DEXs still force users to navigate complex interfaces, wallet management, fragmented onboarding flows, and execution systems that were never designed for mobile. As a result, there is a growing gap between the direction of the market and the products currently available.
Denaria is designed to close that gap.
The platform delivers a mobile-native trading experience powered by passkey-based smart accounts, simplified onboarding, and a clean interface built for everyday users. Behind this experience sits a fully on-chain execution engine that preserves the full transparency.
Rather than relying on market makers, hidden execution layers, or opaque infrastructure, Denaria is powered by a custom oracle-based AMM architecture that executes trades entirely on-chain. Its proprietary dynAMM engine dynamically adjusts pricing around the oracle price based on trade size and market conditions, creating an efficient trading environment for both traders and liquidity providers.
The result is a new category of perpetual trading platform: mobile-first, fully on-chain, and designed to make decentralized trading accessible to a much broader audience.
[STYLUS] During the hackathon, we developed an initial Stylus prototype by migrating the CurveMath contract and evaluating the impact on protocol efficiency. This work showed that meaningful gas savings require migrating broader parts of the protocol rather than isolated components. As a result, we reworked additional parts of the PerpPair architecture, deployed them on the Arbitrum testnet, and obtained promising early results. [GTM] We conducted market research to identify a stronger positioning for Denaria and better understand where the perpetual trading market is evolving. One of the key findings was the growing importance of mobile trading and the opportunity to serve a new generation of mobile-first traders. This research helped us refine our value proposition and define a clearer go-to-market strategy. [AGENTS] We continued exploring how autonomous agents could interact with fully on-chain trading infrastructure. During the hackathon, we updated the landing page and documentation to be more agent-ready, built an MVP allowing AI agents to open and manage trades on Denaria, and conducted research on ERC-8004 and x402 standards. These efforts represent an important step toward preparing Denaria for the emerging agentic economy.
We are developing the project using funds raised from private investors.
