What is Aqua?

Aqua is an integral ecosystem of omnichain products aimed at solving the over-fragmentation of cross-chain liquidity. Our mission is to empower a fully decentralized financial system to enhance DeFi experience for all users. Aqua will consist of three interconnected protocols: Aggreg8 (aggregator & data/routing provider), Quotex (omnichain intent-based liquidity engine), and Arbix (automated community arbitrage instrument).

Introduction & Problem Statement

The current market faces a significant problem of liquidity over-fragmentation, both cross-chain and single-chain. This leads to liquidity being scattered across various blockchains and decentralized exchanges (DEXs). This fragmentation creates isolated gaps of liquidity throughout the ecosystem, resulting in numerous challenges.

As the number of blockchains and protocols increases annually, the issue of liquidity fragmentation worsens. Each protocol/chain competes to attract liquidity, often at the expense of others, exacerbating the problem. The results are: liquidity gaps, price inefficiencies, lack of responsiveness, inflexibility and costs of balance impact the market in a way that most of the market makers are inefficient, cross-chain liquidity is centralized, MEV bots capture arbitrage profits and poor user experience is delivered.

Current solutions to liquidity over-fragmentation, such as cross-chain bridges, wrapped tokens, and interoperability protocols, are often ineffective due to their costs of retaining the liquidity. Cross-chain bridges are prone to hacks, wrapped tokens introduce counterparty risk and can lose their peg, and interoperability protocols require widespread adoption and face scalability issues. These solutions also exacerbate fragmentation by creating multiple non-fungible versions of the same asset. Additionally, the complexity and security risks deter new users and institutions, undermining the principles of decentralization and hindering optimal liquidity utilization in the DeFi ecosystem.

Aqua aims to solve over-fragmentation through a complex self-driving ecosystem approach.

Solution & Ecosystem Approach

Addressing the complexities of liquidity over-fragmentation requires a comprehensive and integrated approach. A singular solution is insufficient to tackle the myriad challenges. A cohesive ecosystem approach can effectively address these issues by providing a unified system that integrates various solutions seamlessly. To achieve this, we have unified all protocols within one ecosystem, ensuring each is built with principles of responsiveness, adaptability, and scalability.

Each protocol functions as a standalone product, with its own revenue model and use case:

Aggreg8 - a liquidity aggregation protocol with comprehensive routing accross all types of liquidity. It leverages liquidity from Uniswap V2 and V3, Curve, Solidly, Balancer and other AMMs. With advanced aggregation, dynamic price feeds, and flexible, scalable architecture, ensures superior execution and rapid integration with any chain or protocol;
Quotex - Liquidity solution for chain abstraction that works as an omnichain Matching Engine within a Unified Order Network, that creates an entirely new approach to cross-chain trading. It optimizes liquidity across multiple chains with quick, secure intent-based order execution. The user-friendly interface offers fast, gas-free transactions and low fees;
Arbix - Automated omnichain community arbitrage protocol that captures the profit among all price disbalances over CEXs and chains. It enables lightning arbitrage execution without bridging, eliminates impermanent loss and enhances assets utility while generating real yields.

From the other side, all protocols within the Aqua Ecosystem are designed to bootstrap each other's utilization:

Aggreg8 serves as the core data and routing provider for the ecosystem, forming the foundation of our ecosystem. Its Dynamic Data Feeds and routing engine empower and enhance the operations of Quotex and Arbix. By providing real-time data and routing information, it eliminates the need for third-party services, creating an efficient, closed, and secure system;
Quotex acts as a frontier protocol, inviting a new segment of participants - resolvers and keepers - into the ecosystem. It enables fast, secure, low-fee, and gas-free liquidity rebalancing of Arbix pools, enhancing their operational efficiency. Additionally, Quotex improves Aggreg8’s data aggregation capabilities;
Arbix functions as the omnichain capital flow enhancement instrument and revenue generator. It leverages Quotex’s features to rebalance its liquidity pools while generating constant volumes for Quotex. Aggreg8’s data aggregation and dynamic price feeds form the foundation for Arbix’s arbitrage operations.

The documentation is currently in development and is being updated. We are continuously adding new sections and refining the information to ensure the most accurate and up-to-date content as the product evolves.

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Last updated 7 months ago

Introduction & Problem Statement

Aqua aims to solve over-fragmentation through a complex self-driving ecosystem approach.

Solution & Ecosystem Approach

Each protocol functions as a standalone product, with its own revenue model and use case:

Aggreg8 - a liquidity aggregation protocol with comprehensive routing accross all types of liquidity. It leverages liquidity from Uniswap V2 and V3, Curve, Solidly, Balancer and other AMMs. With advanced aggregation, dynamic price feeds, and flexible, scalable architecture, ensures superior execution and rapid integration with any chain or protocol;

Quotex - Liquidity solution for chain abstraction that works as an omnichain Matching Engine within a Unified Order Network, that creates an entirely new approach to cross-chain trading. It optimizes liquidity across multiple chains with quick, secure intent-based order execution. The user-friendly interface offers fast, gas-free transactions and low fees;

Arbix - Automated omnichain community arbitrage protocol that captures the profit among all price disbalances over CEXs and chains. It enables lightning arbitrage execution without bridging, eliminates impermanent loss and enhances assets utility while generating real yields.

From the other side, all protocols within the Aqua Ecosystem are designed to bootstrap each other's utilization:

Aggreg8 serves as the core data and routing provider for the ecosystem, forming the foundation of our ecosystem. Its Dynamic Data Feeds and routing engine empower and enhance the operations of Quotex and Arbix. By providing real-time data and routing information, it eliminates the need for third-party services, creating an efficient, closed, and secure system;

Quotex acts as a frontier protocol, inviting a new segment of participants - resolvers and keepers - into the ecosystem. It enables fast, secure, low-fee, and gas-free liquidity rebalancing of Arbix pools, enhancing their operational efficiency. Additionally, Quotex improves Aggreg8’s data aggregation capabilities;

Arbix functions as the omnichain capital flow enhancement instrument and revenue generator. It leverages Quotex’s features to rebalance its liquidity pools while generating constant volumes for Quotex. Aggreg8’s data aggregation and dynamic price feeds form the foundation for Arbix’s arbitrage operations.